|Agricultural Produce Marketing Loan|
|Purpose / Objective||* To provide finance against pledge of Warehouse receipts, godowns/cold storage receipts etc.|
* To avoid distress sale of agricultural produce by the farmers and enable them to get a remunerative price.
|Eligibility||All farmers who stored their produce in CWC/SWC or any authorized or approved private godowns.|
|Amount of Loan||70% of the wholesale market price of the produce stored maximum of Rs.10.00 lakhs.|
|Margin||30% of wholesale market prices of the produce.
|Interest Rates||Please refer the Lending Rates link on home page in our Bank`s Website.
|Repayment||To be repaid within 12 months.|
|Security||Storage receipt issued by gown owner duly adopted by the pledge.|
|* BPLR and BASE RATE - Available in Home Page|| |