CentralBank of India-Rural Agri Banking
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Cent Kisan Sathi

Purpose * To help indebted farmers to redeem their outstanding dues of Money lenders, Pawn Brokers, Fertilizer and farm input Dealers, Middleman etc.
Eligibility * Farmers who are indebted to Non-institutional lenders
Nature of facility * Term Loan.
Quantum of Limit *Maximum of Rs 1.00 Lakh
Rate of Interest MCLR + 1.35%
Processing Charges Upto 25,000/- -NIL
Above Rs 25000/- Rs 120/-
Documentation Charges * NIL
Period of loan * 5 years
Security * Tangible security if any, pledge with the moneylenders.
* Hypothecation of Crops.
* Mortgage of land.
For further details, please contact our nearest branch.
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