AGRICULTURAL TERM LOANS:
FINANCE TO AGRI-CLINICS & AGRI-BUSINESS CENTRES:
LOANS FOR PURCHASE OF AGRICULTURAL LAND:
MARGIN: The margin will be minimum of 25% of the Registered value
including registration charges.
REPAYMENT PERIOD: Loan may be repaid in 7 – 10 years in half yearly / yearly instalments including a maximum moratorium period of 24 months.
LOANS FOR RURAL GODOWNS:
FOR PURCHASE OF TWO WHEELERS:
AGE LIMIT: Between 18 years and 55 Years.
MARGIN: Minimum 25% of the unit cost
SECURITY: The Vehicle should be Hypothecated in favour of the Bank, by incorporating the clause in 'C' Book. Collateral security @150% of total loans, if exceeds Rs.50,000/-.
AGRICULTURAL ALLIED ACTIVITIES:
Loans will be allowed for the following purposes: