Construction of Cold Storage/ Warehouse Scheme - Agri & Rural

Construction of Cold Storage/ Warehouse Scheme

Agri & Rural Crop Loan Gold Loan Micro Credit

Farm mechanization Loan Allied Activities Miscellaneous Activities Government Schemes

Construction of Cold Storage/ Warehouse Scheme

For creation of storage infrastructure viz., godowns, dry warehouses, cold storages, cold chains, silos and market yards.

Features

Type of Facility: Agri Term loan
Quantum of Loan:
- Minimum: Rs 1.00 Lakhs
- Maximum: Rs 50.00 Crs
Term: 120 months including moratorium.
Repayment type: Equated Half yearly installments (EHI).
Margin: Minimum 25%.
Moratorium period: Maximum 24 Months.
Subsidy: Under any State/ Central Government scheme.

For more information, please contact our nearest Branch.

Eligibility

Individuals, Group of farmers/ growers, Partnership/ Proprietary firms, Companies, Corporations, NGOs, SHGs, Co-operatives.

Interest Rate

For loan limit up to Rs. 50 Lakhs: 1-year MCLR+200 bp
For loan limit above Rs. 50 Lakhs: As per Bank’s norms

Security

Primary: Mortgage of Land & Building, Hypothecation of Asset created out of Bank finance.
Collateral: As per Bank’s guidelines.

Documentation

Application Form
Two Passport Size Photographs.
ID proof such as Driving License/ Aadhar Card/ Voter Identity Card/ Passport.
Address Proof such as voter ID card, Driving License, Aadhar Card.
Detailed Project Report (DPR)
Original Title Deeds, House/ Property tax payment receipts. Title Investigation Report (TIR) as per Bank’s extant instructions.
Any other document as per sanction.

Last Updated On : Monday, 29-05-2023

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