Eligibility:

A class members of the the bank who should be Farmer.

Objective:

This Cash Credit will be given to the farmers for their day to day expenses regarding farming.

Type Of Loan:

Cash Credit Limit

Loan Amount:

As per Rs.1000/- per Guntha the applicant can get minimum 10,000 Rs to Maximum 2,00,000 lac Rs.

Secured Cash Credit:      50%

Tenure:

36 months i.e 3 years

Repayment:

Yearly Review(Renewal after every 3 years)

Documentation Charges:

Aggrement on stamp of Rs.200/-

Stamp worth 400/- Rs for documentation as per the rules.

Interest Rate:

11%

Bank Security:

A)Personnel Gauranty

B)Assigning Life Insurance Policy in the name of applicant of Double amount than the sanction   amount

Share Linking:

5% of sanction amount.

Gaurantor:

2 A-Class members with Good Financial condition.

Processing Charges:

Rs.200/-