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Loan Against Crop Receivables
 
   The Bank grants financial assistance to farmers against the produce hypothecated for providing timely credit with minimum documentation to individuals supplying non-processed crop produce to private and public limited companies.
 
Who is the eligible for the Loan?
      Individual farmers, Group of farmers, Co-operative Societies, Agents acting on behalf of a group of individual farmers
 
Eligible Crops
      Indicative list of crops covered under the scheme are Cereals, cash crops, fruits, flowers, medicinal/ aromatic plants, vegetables and oilseeds
 
Loan amount
Corporate:   Min. Rs.1 crore; Max. Rs.100 crore
Farmer:  
  • Min. Rs.10,000.
  • Max. 5% of the cumulative limit set for all supplies to the corporate for individual/ group of farmers.
  • Max. 100% of cumulative limit for co-operative societies
  •  
    Click here for Loan Application Form
     


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