The Bank grants financial assistance to farmers against the produce hypothecated for providing timely credit with minimum documentation to individuals supplying non-processed crop produce to private and public limited companies.
Who is the eligible for the Loan?
Individual farmers, Group of farmers, Co-operative Societies, Agents acting on behalf of a group of individual farmers
Eligible Crops
Indicative list of crops covered under the scheme are Cereals, cash crops, fruits, flowers, medicinal/ aromatic plants, vegetables and oilseeds
Loan amount
Corporate:
Min. Rs.1 crore; Max. Rs.100 crore
Farmer:
Min. Rs.10,000.
Max. 5% of the cumulative limit set for all supplies to the corporate for individual/ group of farmers.
Max. 100% of cumulative limit for co-operative societies