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KBL AGRO PROCESSING SCHEME

kbl agroprocessing

Purpose:

  • 1)Establishment and/or improvement of the unit, repairs and renovations, acquiring machinery/ vehicles/equipments/any fixed assets for the agro processing unit.
  • 2) Working capital requirement.

Eligibility*:

  • Individuals, Farmers, Group of Farmers/growers, Companies, Partnership, Trust, SHG and other legal entities.

Limit:

  • Maximum loan: ₹500 lakh

Period:

  • DPN Loan : Up to 34 months
  • Term Loan : Up to 120 months
  • Working Capital: Maximum upto 18 Months.

Security:

  • Hypothecation of machineries/ assets acquired out of Bank loan.
  • Security of non- agricultural immovable properties with value not less than 75% of the loan.

The above information is subject to terms and conditions.For more details, please contact the nearest Branch

*Conditions Apply