|Agricultural Godowns / Cold Storage|
|Purpose / Objective||For construction of new Agri godowns or cold storages, market yards, silos / expansion of existing units / modernisation of existing units, irrespective of their location and takeover of standard accounts of such units from other banks.|
|Eligibility||Individuals, Group of Individuals, NGOs, Association of growers, Partnership / Proprietary firms, companies, Corporates, Co-operatives, Agri produce Marketing Committees, Marketing Boards / Committees & Agro-industries Corporations etc.|
|Amount of Loan||Medium term loan and short term loan for working expenses, based on the project.|
|Margin||30% of Wholesale Market Price of the Produce.|
|Interest Rates||BR+ 07.5+1.00 – 12.25%
|Repayment||9 to 11Years including holiday period of 2 years(Half yearly installments)|
|Security||* Hypothecation of the assets created with the bank loan.|
* Hypothecation of the produce stored in the godown, if owned by the godown owner.
* Mortgage of Properties.
|* BPLR and BASE RATE - Available in Home Page|| |