Krishik Godham Loan
We understand your need for efficient storage solutions in agriculture. The Krishik Godham loan is tailored to support your projects, whether it's building new storage facilities like warehouses and silos or renovating existing ones. We're here to assist a broad spectrum of clients, from individual farmers to large cooperatives and marketing boards. With our streamlined processing and quick sanctioning, you can start enhancing your storage capabilities without delay. Let us provide the financial support you need to secure and manage your agricultural produce with the best standards in quality. Read more
Why this loan is for you
Supporting your agricultural needs with easy solutions
This scheme is tailored for individuals, farmers, cooperatives, NGOs and more
Streamlined application process for faster financial assistance
Pay your loan easily with flexible tenures such as half-yearly or yearly
Make matters simple and straightforward
A smart calculator for smart spending and savings
Emi Calculator
You will pay
₹13,800/Months
Eligibility criteria
- Individuals engaged in agricultural production or related activities
- Owners of storage facilities
- Valid documents proving identity and address
- Co-operatives, NGOs and SHGs involved in agriculture
- Partnership or proprietary firms or groups of farmers/growers
- Federations, agricultural produce marketing committees, boards and agro-processing corporations
- Local bodies other than municipal corporations
Documents required
- CIBIL/CRIF and KYC documents
- Plan and estimation
- RTCS
- CERSAI
- EC and RTC
- Income tax returns, income proof
- Legal document for property
- Project report
- Turnover report
- Udyam registration certificate
- Insurance copy and stock report (if applicable)
As easy as 1,2,3...
Apply for a Krishik Godham Loan in 3 simple steps
Step 1
Visit your nearest branch
Go to your nearest Karnataka Bank branch
Step 2
Start with your basic details
Provide your basic details and keep your documents handy
Step 3
We’ll take care of the rest
Our branch officials will notify you when your loan is sanctioned
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Got questions? We’ve got answers.
Krishik Godham Loan welcomes a broad spectrum of applicants engaged in agriculture. Whether you are an individual farmer, part of a cooperative, an NGO, or a company, we are here to facilitate your storage infrastructure development.
We offer flexible repayment options tailored to your needs. Term loans under this scheme can be repaid over a period of up to 120 months, providing ample time for your project's fruition and financial stability. The overdraft facility is available on demand, offering additional flexibility.
The maximum loan amount under this scheme is ₹15 crores, offering substantial financial support for your agro-processing ventures.
We require the hypothecation of machinery or assets acquired through the loan and additional security in the form of non-agricultural properties.
Interest is charged as per the EBLR Guidelines and is typically serviced yearly or on the due date.
Yes, the loan can be used not only for new constructions but also for repairs and renovations of existing storage facilities.
We understand the uncertainties in agriculture. If you face repayment difficulties, please reach out to us for possible solutions or restructuring options. We offer flexible repayment options tailored to your business cycle and financial capacity.
Yes, it's perfectly suited for constructing or renovating cold storage units, alongside other types of agricultural storage facilities.
In the context of Karnataka Bank's loans, EBLR or External Benchmark Lending Rate is a crucial reference rate. It's essentially the standard against which the interest rates of loans are gauged and adjusted. This rate is determined by external market factors and serves as a transparent and dynamic benchmark. By tying loan interest rates to the EBLR, we ensure that loan pricing is fair, responsive to market conditions, and in line with regulatory guidelines, providing a clear and consistent basis for borrowers to understand how their loan interest rates are set.
We prioritize expedient loan processing, understanding the importance of timely financial support for your business aspirations.
The Krishik Godham offers warehouse construction loan services to farmers and agri-businesses, enabling them to store produce effectively. It’s a vital step in managing the supply chain and preventing post-harvest losses, providing a solid foundation for loan for warehouse construction and loan for cold storage facilities.
Interest rates on agri-business loans are typically structured to support the agricultural community, often being more favorable than standard commercial loans. Understanding these rates is crucial when you start your application process, as they directly affect repayment terms and the overall cost of the loan.
Do ensure you have a clear plan for the utilization and repayment of the loan. Keep all necessary documents ready to streamline the online application process. Don't overlook government subsidies or special programs that may be available for agri-business loans. Regularly monitor and manage your loan to maintain financial health.
