CentralBank of India-Rural Agri Banking
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Agri Clinic and Agri Business Center

Purpose * To Set up Agri Clinic or Agri Business Centers .
Eligibility * Qualified/Trained Individuals and Group of Individuals .
Nature of facility * Composite Loan .
Quantum of Loan * For individual: Maximum of Rs. 20.00 Lakhs
For group project: Maximum of Rs. 100.00 lakhs
Margin * 0-20% (depending upon quantum of loan.)
Rate of Interest Upto Rs 3,00,000/- .
Above Rs 3.00 Lakh upto Rs 100 lacs
MCLR + 1.50%
MCLR + 2.50%
Processing Charges * Upto Rs 25,000/- : Nil .
* Above Rs 25,000/-: @ Rs 120/- per lac or part thereof
Documentation Charges * Upto Rs 2.00Lakh- NIL
>Rs 2 Lakh to Rs 25.00Lakh- Rs 50/- per Lakh or part thereof Max Rs 1000/-
>Rs 25 Lakh to Rs 50Lakh- Rs 75/- per Lakh or part thereof Max Rs 3000/-
>Rs 50 Lakh to Rs 1 Crore- Rs 100/- per lakh or part thereof Max Rs 7500/-
Repayment * 5 to 7 years
Security * Primary Security :
Hypothecation of assets created out of Bank Finance.
* Collateral Security :
Upto Rs 5.00 Lakh- NIL
Above Rs 5.00 Lakh-Creation of Mortgage or Charge on Agriculture Land
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