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

Down payment amount

25% of the project cost for a term loan. 25% of the recurring expenses of one cycle for a working capital loan.

Loan repayment

Make your loan payments in half-yearly or yearly installments, allowing for flexibility and alignment with your financial cycle.

Interest rates

Interest rates align with External Benchmark Lending Rate (EBLR) guidelines, ensuring that your payments are affordable and reflective of current market conditions

Loan amount

We finance up to ₹5 crore for the development or construction of agricultural storage facilities. We offer up to 34 months for DPN loans and up to 120 months for term loans, accommodating different project timelines.

Working capital support

Working capital loan is available for up to 18 months, aiding in day-to-day operational financing.

Asset hypothecation

Machinery and assets acquired with the loan serve as primary security.Machinery and assets acquired with the loan serve as primary security

Additional collateral

We require immovable properties, valued at no less than 100% of the loan amount (including the proposed cost of construction)

Make matters simple and straightforward

A smart calculator for smart spending and savings

Emi Calculator

Loan amount
25000 1000000
Rate of interest
2% 18%
Loan tenure
1 Months 60 Months

You will pay

₹13,800/Months

Eligibility criteria

Individuals
  • 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

sb

Explore other options for you

Trusted by thousands and handpicked for financial excellence

KBL Agri Gold Loan

  • Up to ₹2.5 crores max loan amount
  • Interest rate starting at 9.04% p.a.
  • Up to 12 months loan tenure

KBL Agro Processing Loan

  • Up to ₹15 crore max loan amount
  • Interest rate starting at 11.3% p.a.
  • Up to 120 months loan tenure

Simplify agribanking with easy reads

Bite-sized resources that keep you informed

Financial wellness
A Guide to Budgeting and Saving with Your Bank

Blog
Boosting Resale Value on a Budget: The “Yes” and “No” List for Renovating

Blog
Financing Travel Adventures with Gold Loans

Blog
Top Tips for Negotiating the Best Gold Loan Interest Rates and Terms

Blog
7 Reasons It’s Time to Consider Taking a Business Loan

Blog
Beyond the Piggy Bank: Teaching Kids Financial Literacy

Blog
Unlocking Freedom: The Case for Owning a Car in the Age of Convenience

Blog
Is financing micro living with Home Loans recommended?

Blog
Myth Or Fact? Debunking Some Common Myths About Car Loans

Blog
6 Savings Account Mistakes to Avoid at All Costs

Blog
Common mistakes while availing personal loans and how to avoid them

Blog
5 Dos and Donts When Applying for Personal Loans

Blog
Leveraging Property-Based Loans for Business Growth

Blog
The Wisdom of Instant Gold Loans for Retired People - Unlock Financial Security

Blog
Dependancy Of Public Transport V/s Owning A Vehicle

Blog
Vehicle Loans for Aspiring Delivery Partners and Cab Drivers

Blog
Match made in banking heaven: Savings account edition

Blog
Furnishing your newlywed home with a Gold Loan

Blog
Financing Your Next Ride: A Guide to Buying Second-Hand Car with a Car Loan

Blog
Insta(nt) success: Business Loans for Small Businesses on Social Media

Blog
Is it Better to Buy an Apartment or an Independent House?

Blog
Earn more with vacation rentals over long-term renting: Loan against property

Blog
Navigating Personal Loans in your early 20s- Is it a Good Idea?

Blog
Savings Account: Breaking Norms and Building Wealth

Blog
Why should you go for a semi-furnished apartment?

blog
The Ultimate Guide to Savings Accounts

blog
Unlocking Financial Growth: The Ultimate Guide to Savings Accounts

Financial wellness
Empowering Your Financial Wellness: A Guide to Budgeting and Saving with Your Bank

Got questions? We’ve got answers.

Who is eligible for Krishik Godham Loan?

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.

Building storage facilities for agriculture

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.