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
