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Home >> Loan >> Other Loan Schemes  >> >> Agriculture Loan Scheme  >> >> Financing Two/Three Wheelers to Farmers
Financing Two/Three Wheelers to Farmers

 

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 :

Maximum Rs.1.00 lacs.

 

Security :

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

 




Rate of Interest

 

BR+2.25%

 

Repayment :

Upto 7 years.