Interest Rate for Agri Products
Interest Rate for Agri Products
| Product Name | Interest Rate/Range |
| Kisan Credit Card | |
| KCC up to Rs.3.00 Lakhs &
KCC-Animal Husbandry / Fisheries up to Rs.2.00 Lakhs (within the overall limit of Rs.3.00 Lakhs) |
7% |
| Up to Rs. 3.00 lakhs * | MCLR 1Yr +2.50% |
| Above Rs. 3.00 lakhs & up to Rs. 10.00 lakhs | MCLR 1Yr +2.75% |
| Above Rs. 10.00 lakhs & below Rs. 100.00 lakhs | MCLR 1Yr + 3.00% |
| * For loans above Rs.2.00 lakh, for KCC Animal Husbandry and Fisheries, Card rate linked to MCLR rate is to be applied | |
| Working Capital and Term Loan | |
| Up to Rs.3.00 lakhs | MCLR 1 Yr + 2.50% |
| Above Rs. 3.00 lakhs & up to Rs.10.00 lakhs | MCLR 1 Yr + 2.75% |
| Above Rs. 10.00 lakhs & below Rs. 100.00 lakhs | MCLR 1 Yr + 3.00% |
| Rs. 100.00 lakhs & Above | Based on Internal rating |
| IB Kisan Mitra Producers Loan (Farmer Producer Company) | |
| Below Rs. 1.00 Crore | MCLR 1 Yr + 1% |
| Above Rs. 1.00 Crore | Based on Internal rating |
| Self Help Group (SHGs) | |
| Term Loan & Cash Credit Loans – Balance up to Rs.3.00 lakh for NRLM-SHGs | 7% |
| Term Loan & Cash Credit Loans – Balance above Rs.3.00 lakh to Rs. 5.00 lakh for NRLM-SHGs | 1 year MCLR |
| Term Loan & Cash Credit Loans – Above Rs.5.00 lakh | 1 year MCLR + applicable spread |
| Joint Liability Groups (JLGs) | |
| Term Loan & Working Capital | 1 year MCLR + applicable spread |
| Agri Jewel Loan –Limits up to Rs. 35.00 Lakh | 1 year MCLR + applicable spread |
| KCC Gold Plus, KCC Marine Gold Plus -Limits up to Rs. 25.00 Lakh | 1 year MCLR + applicable spread |
| Food and Agro Processing | |
| Limits up to Rs. 2.00 lakh | MCLR 1 Yr + 1.35% |
| Limits above Rs.2.00 lakhs and up to Rs.10.00 lakhs | MCLR 1 Yr + 2.00% |
| Limits above Rs.10.00 lakhs and up to Rs.100.00 lakhs | MCLR 1 Yr + 2.40% |
| Limits above Rs.100.00 lakhs | Based on Internal rating |
| Accounts with CGTMSE coverage up to Rs. 2.00 Crore | |
| IB Star Agro Mills (Rice Mills, Dal Mills, Oil Mills and Flour Mills) | |
| limits less than Rs. 1.00 Crore | MCLR 1 Yr + 1.60% |
| Limits of Rs. 1.00 Crore and above | Based on Internal rating |
| Ind Kisan Saur Shakti (PM-KUSUM) | |
| Limits up to Rs. 25.00 Lakhs | MCLR 1 Yr + 1.65% |
| Limits above Rs. 25.00 Lakhs up to Rs. 1.00 Crore. | MCLR 1 Yr + 1.90% |
| Limits above Rs. 1.00 Crore | Based on Internal rating |
| IND Krishi Infra Fund (Agriculture Infrastructure Fund Scheme) | MCLR 1 Yr + 1.00% Subject to Maximum of 9.00% |
| IND- Pashudhan Mitra (AHIDF) | |
| Accounts falling within MSME celiings (Irrespective of ratings) | Repo + 4.70% |
| Accounts not falling within MSME defined ceilings | Based on Internal rating |
| IND Micro Food Processing Enterprises – PMFME | |
| Limits up to Rs.2 Lakhs. | MCLR 1 Yr + 1.90% |
| Limits above Rs.2 Lakhs & up to Rs.10.00 Lakhs. | MCLR 1 Yr + 1.90% |
| Limits above Rs.10 Lakhs & less than Rs.1.00 Crore. | MCLR 1 Yr + 1.90% |
| Limits of above Rs.1.00 Crore | Based on Internal rating |
| Accounts with CGTMSE coverage up to Rs. 2.00 Crore | |
| IND Krishi Vaahan | 12.00% -Fixed |
**The above rates are the general card rates . For details of state/scheme/product/rating based specific interest rates , customer may visit the near by Indian Bank branch.
( Last modified on May 08, 2025 at 05:05:31 PM )
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