CentralBank of India-Rural Agri Banking
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Cent Gramin Bhandaran Yojana

Purpose * To finance for construction of godowns for storing farm produce .
Eligibility * Individuals, Farmers, groups of farmers/growers, SHGs, JLGs, Corporates, Partnership firms and co-operatives, Marketing Boards etc .
Nature of facility * Term Loan.
Quantum of Finance * Based on the capacity of the godown, less margin.
Margin * 20-35% depending upon the constitution of the borrower and location of the project.
Security * Primary - Mortgage/Charge on the godown.
Interest Rate Upto Rs.1.00 crore
Above Rs.1.00 crore.
From MCLR + 0.50% to
MCLR + 3.00% as per Credit Rating
Processing Charges * @ Rs.120/- per lac or part thereof, Maximum Rs.20,000/- .
Documentation Charges * NIL .
Repayment * Depending upon the cash flow .
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