Our NBSL Krishak Sathi Karja aims to provide working capital finance and term debt facility to business units/enterprises/self-employed professional involved in agricultural sectors.
Features :
- Attractive and Competitive Interest Rate.
- Easy & Fast Loan processing.
- Revolving or Term Loan nature loan.
- Loan size up to Rs. 50.00 million.
- Interest subsidy as per Unified Guidelines for interest subsidy available for borrowers meeting all criteria of Subsidized Loan.
Terms and Conditions :
- Credit limit under working capital requirement assessed up to 60% of cost of production per area of land as certified by local authorities or 75% of cost of land as per Government rate, whichever is lower & Credit limit under term loan requirement assessed up to 70% of project cost.
Period of Credit Facility :
Working Capital :
- Working capital limit will be valid for a period of one year, subject to review/renewal upon maturity/expiry.
Term Loan :
- Maximum 5 years including moratorium period of 6 months.
For detailed information, please visit your nearest Branch.