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