Advance against Ware House:
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Purpose: |
Advance against ware house&godown receipts
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Eligibility: |
Who avails crop loans from our bank or a resident of our service areas and cultivate such crop himself. |
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Quantum of Loan: |
60% of market value or a minimum support price declared by Govt. which ever is lower subject to maximum Rs.50000/- per borrower. |
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Rate of Interest: |
At per crop loan interest rate. |
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Repayment: |
for a period not exceeding 6 months. |