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Home >> Loan >> Other Loan Schemes  >> >> Agriculture Loan Scheme  >> >> Composite Credit Scheme for Agricultural Leading
Composite Credit Scheme for Agricultural Leading

Composite Credit Scheme for Agricultural Leading/Oriental Kisan Gold Card.

 

 

Purpose:

For Credit needs of Farmers including those for Farm operations, development of agriculture etc. & domestic expenditure.

 

Eligibility:

All farmers.

 

Amount of Loan:

Maximum to the extent of 50% of the value of land offered as security or Rs. 25 lacs whichever is lower.

 

Security:

 

Upto Rs. 1.00 Lac

Hypothecation of crops/goods .

Above Rs. 1.00 Lac to 2.00 Lac

Hyp. of crops/goods and mortgage of
agriculture land/property having twice the value of loan or third party guarantee.

Above Rs. 2 Lac

Hyp. of crops/goods and mortgage of
agriculture land/property having twice the value of loan

 

 

 

Margin:

  • Upto Rs. 1.00 Lac - : Nil
  • Above. Rs.1.00 Lac- : 15%

 

 

Click Here for Rate of Interest

 

Repayment:

  • Working Capital in the form of Revolving Credit.
  • Term Loan component upto7 years.

 

Click here to view Base Rates