Finance against Agri Produce
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Overview
The bank is financing to farmers through various post-harvest funding products in order to avoid distress sale immediately after the harvest. Funding to farmers against hypothecation of agri produce is a variant of post-harvest funding in which farmers can avail the finance against agri produce in a hassle free manner. It ensures post-harvest funding for major agri produces and improves better price realization, besides ensuring availability of quality produce round the year.
Who is eligible for the Loan?
Individual farmers.
Loan :
CC limit - Minimum Rs.5 lakh and Maximum – Rs. 50 Lakh
Tenor
1 year.
