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financing two three wheelers to farmers

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  • financing two three wheelers to farmers
  • Purpose & Eligibility
    Purpose

    To provide mobility to the eligible borrowers for marketing their produce & procuring inputs.

    Eligibility

    Any person engaged in farming/allied activities/ retail traders/artisans/ Vendors.

  • Amount of Loan
    Amount of Loan

    Maximum ₹1.00 lacs.

  • Security
    Security

    Hypothecation of assets purchased out of bank finance and one personal guarantee.

  • Rate of Interest & Repayments
    Rate of Interest

    BR+2.25%

    Repayment

    Upto 7 years.

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