டிராக்டர்கள், டிரெய்லர்கள் மற்றும் பிற விவசாய கருவிகள் மற்றும் பாகங்கள் வாங்குவதற்கு நிதியளிக்க.
Tractor Scheme |
1
|
Purpose
|
To finance purchase of Tractors, Trailers and other agricultural implements and accessories.
|
2
|
Eligibility
|
Individuals, Partnership firms, companies, FSS, PACs engaged in agriculture and / or allied activities and having land holding of 8 acres of perennially irrigated land or 16 acres of dry land cultivating single crop in a year or 4 acres of irrigated land and cultivating minimum two crops in a year.
|
3
|
Nature of facility
|
Term Loan
|
4
|
Margin
|
20%
|
5
|
Security
|
Primary
Collateral
|
- Hypothecation of Tractor and other assets created out of Bank finance
- Hypothecation of crops
- Mortgage/charge on agricultural land
Total value of primary and collateral security should be at least 200% of the loan amount.
|
6
|
Insurance
|
Assets created out of loan have to be insured for full value.
|
7
|
Interest Rate
|
Limit upto Rs.50,000/-
Above Rs.50,000/- upto Rs.5.00 lacs
Above Rs.5.00 lacs upto Rs.25.00 lacs
Above Rs.25.00 lacs
|
Base Rate + 0.50%
Base Rate + 1.00%
Base Rate + 1.50%
Base Rate + 2.00%
|
8
|
Processing Charges
|
Upto Rs.25,000/- : Nil
@ Rs.120/- per lac or part thereof, maximum Rs.20,000/-.
|
9
|
Documentation Charges
|
Nil
|
10
|
Repayment
|
Within 7-9 years.
|
|
|
|
|
|
மேலும் விவரங்களுக்கு, எங்கள் அருகிலுள்ள கிளையை தொடர்பு கொள்ளவும்.
|