22. Loan For Construction & Running Storage Finance
The bank extends financial assistance to individual farmers, Public & private limited companies, APMCs, Dealers, Traders for construction and running of storage facilities (warehouse, market yards, godowns, and silos), including cold storage units designed to store agriculture produce/ products, irrespective of location
Eligibility: Individual farmers, Group of farmers, NGO's, Association of Growers, Partnership/ Proprietary Firms, Private & Public Limited Companies, Corporations, Cooperative, APMCs, Marketing Boards/ Committees.
Loan Amount: Minimum Rs.1 lac; Maximum Rs.20 Crore
Tenor: Not to exceed 9 years including max. Moratorium of two years.
23. Agri Clinic & Agri Business Centers (ACABCs)
The bank grants term loans to Certified Agricultural or Allied Graduates like Horticulture, Forestry, Dairy Technology, Veterinary, and Fisheries, from a reputed Institute of State Government / Central Government for setting up ACs (Agri Clinics) and ABCs (Agri Business Centers)
Eligibility: Graduates in Agriculture and allied activities trained by MANAGE recognized Training Institutes (MRTIs) intending to set up Agri Clinics and Agri Business Clinics.
Tenor: Tenor is for 5 to 10 years (including moratorium of a maximum of 2 years).
24. Dealer Finance Program
The Product aims to offer Term loan /overdraft (OD) / cash credit (CC) to eligible entities. The loan facility is extended to promoter of venture who is well experienced in the line of business for last 3 years and should be in concerned business for a minimum of 5 years and carrying on business at the existing location for a minimum of 3 years.
Eligibility:
Dealers in agri inputs.
Dealers of inputs of Agri & allied activity.
Dealers in agri machinery.
Dealers in irrigation systems.
Arthias/ Commission Agents.
Dealers in essential commodities.
Dealers in mineral oils.
Loan amountLoan amount ranges from Rs.10 lacs to Rs.500 lacs
Tenor: Tenor of loan for OD/CC is one year and for term loan is upto 3 years.
