Kisan Suvidha Loan
Purpose -based loans given to farmers for an array of agricultural and allied activities. Flexi repayment options are available as per activity cash flow. Following activities are covered under the program:
- Goat Rearing.
- Poly Nursery.
- Betel vine.
- Pig Farming.
- Arecanut Farm Maintenance.
- Farm Implements Purchase.
- Vegetable Farm Maintenance.
- Coconut Farm Maintenance.
- Mushroom Farming.
- Sheep Rearing.
- Loan Amount: `60,000 - `2,00,000.
- Loan Tenure: 24 months.
- Rate of Interest: 23.25% p.a on a reducing balance method (governed by the MCLR based pricing policy of the bank).
- Processing Fee: 1% of loan amount (excluding applicable GST).
- Credit Bureau Charges: `20 (including applicable GST).
- Stamp duty : As per state act.