Click Here To Join Our WhatsApp Group!
OBJECTIVE
To provide adequate and timely credit for comprehensive requirements of farmers with flexible and simple features
PURPOSE
Purchase of assets (farm equipments, bullocks, etc)
Creation of assets (Orchard Development, Dairy Development, Poultry development etc)and
Any other activity under Agriculture, Horticulture, Sericulture, Animal Husbandry, Plantation, Fisheries etc.
An indicative list of activities is presented herein below.
Setting up of small Dairy/Poultry units · Orchard Development
Crops (Paddy, wheat, maize, oil seeds, saffron, vegetables etc)
Purchase of Farm Machinery eg. Water pumps/Spray pumps
Dug wells, Bore wells, shallow tube wells, sprinklers and drip irrigation.
Purchase of plough animals
Purchase of seeds, pesticides/fertilizers · Vegetable farming
Setting up Rural Retail Agricultural outlets
Construction of Godowns/grading sheds
Plantation, nurseries
ELIGIBILITY
All Persons engaged in agricultural and allied in Semi urban and Rural areas including all categories of farmers.
QUANTUM OF FINANCE
Max. 1.00 Lac depending upon the activity to be financed. Multiple activities can also be considered for assessing the quantum of finance.
PROCESSING CHARGES
0.05% of the amount sanctioned with a min. cap of Rs 25/- to be paid upfront
ELIGIBILITY
All Persons engaged in agricultural and allied in Semi urban and Rural areas including all categories of farmers.
QUANTUM OF FINANCE
Max. 1.00 Lac depending upon the activity to be financed. Multiple activities can also be considered for assessing the quantum of finance.
PROCESSING CHARGES
0.05% of the amount sanctioned with a min. cap of Rs 25/- to be paid upfront
RATE OF INTEREST (SUBJECT TO CHANGE)
Click here for rate of Interest
REPAYMENT
5 years after a moratorium of three months.
