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Agri Clinic & Agri Business Centers (ACABCs)
Eligibility
Extent of Exposure
Tenor
Domestic Interest Rates
NRI Interest Rate
Service Charges
Corporate Service Charges
Agri Clinic & Agri Business Centers (ACABCs)

Agri > Indirect Finance to Agriculture > Agri Clinic & Agri Business Centers (ACABCs)

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).


Who is eligible for the Loan?

Graduates in Agriculture and allied activities trained by MANAGE recognized Training Institutes (MRTIs) intending to set up Agri Clinics and Agri Business Clinics.
Extent of Exposure

  • Bullet Individuals: Minimum Rs. 2 lakh and Maximum Rs. 10 lac
  • Bullet Group of Individuals: Minimum Rs. 2 lac and Maximum Rs. 10 lac per individual subject to an overall ceiling of Rs. 50 lac

Tenor

Tenor is for 5 to 10 years (including moratorium of a maximum of 2 years).

Click here to download Application Form.

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