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Krishik Godham

Krishik Godham

Purpose:

  • Construction, including renovation and running of storage facilities like Warehouses, market yards, godowns, silos and cold storage units designed to store agriculture produce/products.

Eligibility*:

  • Individuals, farmers, Group of farmers/growers, Partnership/ Proprietary firms, Non-Government Organizations (NGO's), Self Help Groups (SHGs), Companies, Corporations, Co-operatives, Local Bodies other than Municipal Corporations, Federations, Agricultural Produce Marketing Committees, Marketing Boards and Agro Processing Corporations.

Limit:

  • Maximum loan amount/limit - ₹500 lakh.

Period:

  • Term loan -Maximum 10 years.
  • Overdraft- Maximum 18 months.

Security:

  • Hypothecation of machineries/assets acquired out of Bank loan.
  • Security of properties not less than 100% of the loan amount/limit.

Repayment:

  • Term Loan- In half yearly/yearly installments.
  • Overdraft- On demand.

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

*Conditions Apply

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