Advance against Ware House:
Purpose: |
Advance against ware house&godown receipts
|
Eligibility: |
Who avails crop loans from our bank or a resident of our service areas and cultivate such crop himself. |
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. |
Rate of Interest: |
At per crop loan interest rate. |
Repayment: |
for a period not exceeding 6 months. |