Agriculture Loan (कृषि कर्जा)
This loan is used for seasonal opportunities like purchasing and selling of agricultural products and animals in festival seasons and is accessible to clients who have successfully completed one cycle of the general loan with good repayment performance.
| S.No. | Product Name | Maximum Loan Size Rs. | Loan Term | Service Charge | Annual Interest Rate on Declining Balance | Repayment Frequency |
|---|---|---|---|---|---|---|
| 1. | Seasonal Loan | Upto 40,000 | 1 Year | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 2. | Tube-well Loan | Upto 40,000 | 2 Years | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 3. | Irrigation Loan | Upto 40,000 | 2 Years | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 4. | Irrigation Loan (Collateral Base) | Upto 5,00,000 | 2 Years | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 5. | Dairy Loan (Collateral Base) | Upto 5,00,000 | 2 Years | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 6. | Dairy Loan (Non - Collateral ) | Upto 2,00,000 | 2 Years | 1.3% | 13.88% per annum | Monthly/Quarterly |
| 7. | Farm Equipment Loan (Non - Collateral loan) | Upto 1,50,000 | 3 Years | 1.3% | 13.88% per annum | Quarterly |
| 8. | Farm Equipment Loan (Collateral loan) | Upto 5,00,000 | 3 Years | 1.3% | 13.88% per annum | Quarterly |
