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Contract Farming
 
   The bank grants financial assistance to individual farmers / group of farmers, co – operative societies etc. identified by companies that include partnership firms, societies, trading units and other corporate engaged in Agribusiness for the purpose of supply of inputs, technical know how etc to their contracted farmers.
 
Who is the eligible for the Loan?
      Individual farmer, Group of farmers, Co-operative Societies, (hereinafter collectively referred to as farmer unless specified otherwise) identified by companies that include Partnership-firms, Societies, Trading units & other Corporates engaged in Agribusiness.
 
Loan Amount
      As per the outlay prepared by company based on the area to be covered and crops identified. The loan amount shall be as follows:
  • Per corporate - Min. Rs.1 crore; Max. Rs.100 crore.
  • Per farmer - Min. Rs.10, 000/- Max. 5% of the cumulative limit set for all the farmers by the corporate for individual/ group of farmers.
  • To Co–operative Society - Max. 100% of cumulative limit.
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    Tenor
          Case to case basis varies (12 Months & 24 Months)
     
    Click Here to download Application Form
     


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