CentralBank of India-Rural Agri Banking
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To provide finance for construction, repair, renovation and Extension of Agri-farmhouses


Existing borrowers having good track record for the past 3 years with the Bank and new borrowers who are not defaulters of any bank and/or financial institution.

Quantum of loan

Depending upon repayment capacity, subject to 80% of Project cost. Minimum Rs.2 lac and maximum Rs.25 lac. For repairs/renovation/extension maximum Rs.5 lac.


20% of the project cost


Maximum 15 years, including moratorium period, if any


Primary – Mortgage/Charge on the assets being financed.
Collateral – Extension of charge on land already mortgaged with the bank; Hypothecation of existing and future crop on the charged land and livestock


Personal Guarantee on loans above Rs.5 lac.


Upto Rs 3,00,000/- - MCLR + 1.35%
Above Rs 3.00 lakh to Rs 10.00 lacs- MCLR + 2.50%
Above Rs 10.00 lakhs - MCLR + 3.00%

Processing Charges

Upto 25,000/- -NIL
Above Rs 25000/- @ 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/-

Inspection Charges

Up to Rs. 2 lakh : Nil
More than Rs.2 lakh up to Rs.5 lakh : Rs.200/-
More than Rs.5 lakh up to Rs.50 lakh : Rs.500/-
Above Rs.50 lakh : Rs.1000/-

Repayment Period

Maximum 15 years, including moratorium period.

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