Agricultural Godowns / Cold Storage Purpose ... - Efresh India

Agricultural Godowns / Cold Storage
Purpose / Objective
Eligibility
Quantum of Loan
Margin
For construction of new Agri godowns or cold storages, market
yards, silos / expansion of existing units / modernisation of
existing units, irrespective of their location and takeover of
standard accounts of such units from other banks.
Individuals, Group of Individuals, NGOs, Association of
growers, Partnership / Proprietary firms, companies, Corporates,
Co-operatives, Agri produce Marketing Committees, Marketing
Boards / Committees & Agro-industries Corporations etc.
Medium term loan and short term loan for working expenses,
based on the project.
30% of Wholesale Market Price of the Produce.
Interest Rates BPLR + TP less 2.50%
Repayment Period
Security
9 to 11Years including holiday period of 2 years(Half yearly
installments)
* Hypothecation of the assets created with the bank loan.
* Hypothecation of the produce stored in the godown, if owned
by the godown owner.
* Mortgage of Properties.
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Kisan Credit Card
Purpose / Objective
Eligibility
Quantum of Loan
Interest Rates
Repayment Period
Security
To meet the short term credit requirements for cultivation of
seasonal, annual, perennial crops.
All farmers.
KCC limit will be arrived based on scale of finance besides the
following:-
(a) Post harvest/house hold requirements of the farmer at 10% of
the limit fixed subject to the max of RS.25,000/- per farmer.
(b) 10% towards maintenance of farm assets subject to a
maximum of Rs.25,000/- per farmer.
(c) Provision for escalation in the cost of cultivation at 20%
towards increase in the scale of finance of 10% per year.
(d) Limit in the form of revolving credit.
(e) Valid for 3 years.
Amount Slab(Rs. in Lakhs) Interest Rate
Upto 3.00 7%
>3.00 to 5.00 BPLR + 0.50%
>5.00 BPLR + 1.00%
Two months from date of harvest.
Hypothecation of crops/ additional security / third party
guarantee.
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Agri Clinic and Agri Business Centres
Purpose / Objective
Eligibility
Quantum of Loan
Margin
* To supplement existing extension network to accelerate the
process of technology transfer to agriculture.
* To provide gainful employment to graduates in agriculture and
allied activies.
Graduates in Agriculture and Allied subjects like horticulture,
animal husbandry, forestry, dairy, veterinary, poultry farming,
pisciculture and other allied activities etc.
* The project can be taken up whether individually or on Joint /
Group basis.
* The ceiling for the project cost by individual Rs.10 lakhs and
for the group at Rs.50 lakhs [@ Rs.10 lakhs per member of the
groups].
* Upto Rs.5.00lakhs – No margin.
* above Rs.5.00lakhs - 15% of the project outlay.
TL-Repayment : 36 months and above :
Interest Rates
Repayment Period
Security
Subsidy
Amount Slab(Rs. in Lakhs)
Interest Rate
0.50 to 2.00 BPLR + TP less 0.50%
>2.00 to 5.00 BPLR + TP + 0.50%
>5.00 BPLR + TP + 1%
Loan period between 5 to 10 years including grace period of a
maximum of 2 years depending on the activity. [Repayment
programme will take into account of income generation,
economic life of the asset etc.]
* Limits upto Rs.5 lakhs - Assets created out of Bank loan.
* Limits above Rs.5.00 lakhs - Assets created out of Bank loan,
Third Party Guarantee, Mortgage of properties covering atleast
100% of the loan exceeding Rs.2.00 lakhs.
CAPITAL SUBSIDY
* 25% of the Capital Cost of the project (Others).
* 33.33% of the Capital Cost of the project (Borrowers belonging
to SC / ST, Women / Other Disadvantaged sections / North East
Region / Hill States).
INTEREST SUBSIDY
* For the First 2 Years, interest subsidy is available for the units

* BPLR = 12.50 % and
BASE RATE = 8.00 %
which are physically / financially / operationally progressing
well.

Kisan Credit Card Plus
Purpose / Objective
Eligibility
Quantum of Loan
To enable the farmer to purchase farm assets based on his
requirements including agri / allied activities.
All farmers.
20% of the maximum permissible limit (MPL) as a term loan
subject to,
(i)A maximum of RS.50000 where activities do not generate any
direct additional income (OR)
(ii)maximum of Rs.2.00 lakhs where activities generate direct
additional income.
For Crop Loans :
Amount Slab(Rs. in Lakhs) Interest Rate
Upto 3.00 7%
>3.00 to 5.00 BPLR + 0.50%
>5.00 BPLR + 1.00%
Interest Rates
For Term Loans :
Amount Slab(in Lakhs) Interest Rate
Upto 0.50 BPLR + TP less 1.75%
>0.50 to 2.00 BPLR + TP less 0.50%
>2.00 to 5.00 BPLR + TP + 0.50%
>5.00 BPLR + TP + 1%
Repayment Period
Security
3-5 years.
Hypothecation of crops / additional security / third party
guarantee.
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Agricultural Jewel Loan Scheme
Purpose / Objective
Eligibility
Quantum of Loan
To meet the short term credit requirements for purchase of inputs
like fertilizers, pesticides, seeds etc for carrying out e seasonal
agri operations.
All farmers.
* Crop Loan: 60% of the value of the estimated produce or
Rs.20,000/- per acre whichever is lower.
* Term Loan: Maximum or Rs.15,000/- per acre. Ceiling of Rs.1
lakh per acre for taking up various developmental activities like
deepening of well etc.
* Based on the scale of finance fixed for individual crops subject
to the maximum advance value based on the net weight of jewel
ornament which is now pegged at Rs.750 per gram or 70% of
market value of the jewels to be pledged whichever is lower.
Interest Rates
Repayment Period
Security
Amount Slab(Rs. in
Lakhs)
Upto 3.00
>3.00 to 5.00 BPLR + 0.50%
>5.00 BPLR + 1.00%
Interest Rate
7%(under interest subvention scheme
of GOI)
Loan amount to be adjusted within 2 months from the date of
harvest of the crop.
Pledging of jewels.
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Agricultural Produce Marketing Loan
Purpose / Objective
Eligibility
Quantum of Loan
Margin
Repayment Period
Security
Other Requirements/Details
* To provide finance against pledge of Warehouse receipts,
godowns/cold storage receipts etc.
* To avoid distress sale of agricultural produce by the farmers
and enable them to get a remunerative price.
All farmers who stored their produce in CWC/SWC or any
authorized or approved private godowns.
70% of the wholesale market price of the produce stored
maximum of Rs.10.00 lakhs.
30% of wholesale market prices of the produce.
To be repaid within 12 months.
Storage receipt issued by gown owner duly adopted by the
pledge.
Amount Slab(Rs. in Lakhs)
Interest Rate
0.50 to 2.00 BPLR less 0.50%
>2.00 to 5.00 BPLR + 0.50%
>5.00 BPLR + 1.00%
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Financing Agriculturists for Purchase of Tractors
Purpose / Objective
Eligibility
Quantum of Loan
Margin
Interest Rates
Repayment Period
Security
* For mechanizing the farming activities so as to improve
agricultural production / productivity.
* To purchase tractors / power tiller together with necessary
equipments like cultivator, tiller, mould board plough, disc
harrow, cage wheel, trailer, threshers, harvesters etc.
Farmer having minimum of 4 acres of irrigated land or 8 acres of
dry land.
Based on the quotation / invoice submitted for the vehicles and
implements.
a) 10%
b) Can be reduced to 5% if value of collateral security is at least
equal to loan amount.
Amount Slab(Rs. in Lakhs)
Interest Rate
0.50 to 2.00 BPLR + TP less 0.75%
>2.00 to 5.00 BPLR + TP less 0.50%
>5.00 BPLR + TP + 0.25%
Maximum 9 years, in half yearly / yearly installments depending
upon the crop cultivated.
* Hypothecation of tractor and other implements purchased with
the Bank loan.
* Third party guarantee mortgage of properties.
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Purchase of second hand (pre-used) Tractors by Agriculturists
Purpose / Objective
Eligibility
Quantum of Loan
Margin
Repayment Period
Security
Other Requirements/Details
To meet out of the needs of farmers who cannot afford to buy a
new tractor.
Farmer having minimum of 4acres of irrigated land or 8acres of
dry land.
Maximum of Rs.1,50,000/- only.
a) 5% for tractor age less than 3years.
b) 10% for tractors of age more than 3years but less than 7years.
In 5years with quarterly / half yearly / annual installments,
depending upon the crop cultivated.
* Hypothecation Of tractor purchased with the bank loan.
* Mortgage of properties and Third party guarantee.
Amount Slab(Rs. in Lakhs)
Interest Rate
0.50 to 2.00 BPLR + TP less 0.75%
* BPLR = 12.50 % and
BASE RATE = 8.00 %

Kisan Bike
Purpose / Objective
Eligibility
Quantum of Loan
Margin
Repayment Period
Security
To enable farmers in purchasing motor cycle for transportation of
small quantities of agricultural inputs.
* Age: 18-55 years, Possesses driving license, Should own landed
properties.
* 2 acre irrigated / 4 acre dry land or 1 acre of agril land and
income not less than Rs2500/PM(for loan upto Rs.25,000).
* 3 acres of irrigated / 6 acres dry land or 1 acre of agril land and
income not less than Rs5000/PM ( for loan Rs.25000/- to
Rs.50000).
As per quotations from authorized dealers with Maximum loan of
Rs 50000/-
5% (new vehicle) 25% (Old vehicle) old vehicle not more than 3
years.
To be repaid within 5-7 years half yearly or Annual installments.
Hypothecation Of vehicles purchased.
Other Requirements/Details BPLR + TP less 1.75%
* BPLR = 12.50 % and
BASE RATE = 8.00 %