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| Purpose: |
| For financing of setting up of Agricultural Clinics and Agricultural Business Centers. |
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| Eligibility: |
| Graduates in Agriculture or allied subjects. For Group (normally of 5), a member to be Management Graduate/Experienced in Management/ Human Development. |
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| Amount of Loan: |
| Project Cost based, Max. Rs.10 lacs for Individual and Rs.50 lacs for Group of 5 Persons. |
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| Security: |
| For loan upto Rs.5,00,000/- |
- Hypothecation of assets purchased out of bank fund. |
| Above Rs.5,00,000/- |
- Hypothecation + Mortgage of Property. | |
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| Margin: |
Upto Rs. 5 lakh - NIL
Above Rs. 5 lakh - 15-25% of the total project cost. |
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| Click Here for Rate of Interest |
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| Repayment: |
| Within 10 years including-Grace period of upto 2 years. |
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| Click here to view PLR Rates |