Purpose:
- To meet short term agricultural operation expenses.
Eligibility*:
- Individuals, HUF and Corporate engaged in Agriculture or Allied activities.
Name of the Product Period Maximum Loan Amount Agri Production 12 Months Maximum of ₹25 lakhs per borrower. Agri Subvention*
*Only in Rural and Semi urban branches, as per the Government of India instruction - above ₹ 1.60 Lakh.12 Months ₹3 lakh
Security:
- Primary Security : Hypothecation of Crops/Assets.
- Collateral Security : Pledge of Gold ornaments/specially minted gold coins (not exceeding 50 gram / borrower) sold by Banks.
Repayment:
- On or before due date. Interest to be serviced yearly/ on due date.
The above information is subject to terms and conditions.For more details, please contact the nearest Branch.
*Conditions Apply Download Brochure
