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Purpose |
* To finance purchase of Tractors, Trailers and other agricultural implements and accessories. |
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Eligibility |
* Individuals, Partnership firms, companies, FSS, PACs engaged in agriculture and / or allied activities |
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Nature of facility |
* Term Loan. |
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Margin |
* Upto 1 lakh-NIL * Above 1 Lakh- 20% |
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Rate of Interest |
As applicable to Agri Farm Credit |
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Repayment |
* Within 5 to 9 years(including moratorium period of Max 12 months) |
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