Agri- Project
Financing
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Agri- Project Financing
A medium to long term agricultural loan facility to finance expenses related to agricultural project development (cultivation, expansion, farm infra development etc) for clients with a strong credit record
Maximum Tenure
60 Months
Interest Rate
17%
Processing Fees
1% + GST
Features and benefits
The scheme aims to provide self-employment opportunities to farmers as well as to augment their means of livelihood through the initiation of alternate businesses.
Flexible
Tenure
Customized
Repayment
Easy
Application
Eligibility Criteria
Farmers with a strong credit record along with a feasible Agri-project plan
- Minimum land holding of 3 acre
- Other considerable source of income should also be there
- Age of applicant should be minimum 22 years old at the time of sanction and should not be more than 60 years old at the time of end of tenor of loan
Documents Needed
The document required to apply for Loans are easy to obtain. It's best to gather all loan against property documents before you submit your loan request. Indicated below is the list of documents required to avail a loan against property.
Photo Identity Proof
- Aadhar card
- Voter id
- Valid passport
- updated Bank passbook with Photo attestation by nationalized bank/Pvt Bank
- PAN Card
- ID Proof issued by Panchayat
- Gram Sevak
Address Proof
- Aadhar card
- Ration card
- Voter id
- Electricity bill
- Valid passport
- Rahivashi Dhakla issued by sarpanch of the village
- Updated Bank passbook of nationalized bank/Pvt Bank with same address
- Address proof issued by Gram Sevak
Income Proof
- Latest Saving account passbook for the past 6 months.
Property/farming land Document
- Original 7/12 extract
- 8Aextract, Ferfar (6D)
- Boundary map from Talati/self- attested by farmer
- Govt valuation report from sub-registrar office/market valuation report
Related Links
Corporate Office:
Sustainable Agro commercial Finance Ltd, 1st Floor, Marshall Building, Shoorji Vallabhdas Marg, Ballard Estate, Fort,
Mumbai - 400001
Boardline: 022-22101111 / Fax No.: 022-22105555
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