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Agricultural Loans >> Revolving Cash Credit

 

Beneficiary

Any individual farmer holding the agricultural land.

Purpose

Credit facility for meeting out socio-economic and agricultural needs

Loan Limit

Maximum amount RS 15.00 lakhs or RS 2.00 per acre.

Rate of Interest

11.50%

Margin

No Margin required.

Repayment Period

Renewable on annual basis.

Collateral Security

Agriculture Land valuing at 150% of the Loan amount.

 

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