Eligibility

• All Farmers having minimum 4 Acre irrigated Agriculture land.

Interest Rate

As per Bank's Circular

Most Important Terms & Conditions

Type of facility

Term Loan

Limit

• 90% of vehicle & implements cost.

Margin

• Minimum 10% of cost of vehicle (Ex-showroom price+ Registration Tax+ Insurance)

Repaying capacity

• Max. 18 Half yearly Instalments

Credit Information Report capacity

• Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.