- Construction, including renovation and running of storage facilities like Warehouses, market yards, godowns, silos and cold storage units designed to store agriculture produce/products.
- 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.
- Maximum loan amount/limit - ₹500 lakh.
- Term loan -Maximum 10 years.
- Overdraft- Maximum 18 months.
- Hypothecation of machineries/assets acquired out of Bank loan.
- Security of properties not less than 100% of the loan amount/limit.
- Term Loan- In half yearly/yearly installments.
- Overdraft- On demand.
Rate of interest:
As per EBLR Guidelines.
The above information is subject to terms and conditions.For more details, please contact the nearest Branch.