Crop Loan Scheme
 
Eligibility

This Scheme is available for Bank Members& Members of Sahyadri Sahakari Sakhar Karkhana Ltd. Yashwantnagar etc.

 
Margin/Limit
Type of Sugarcane Plantation Adasal Suru/PurvHangam Khodawa
Per Acres Loan Limit 30,000/- 25,000/- 20,000/-
 
Repayment
The repayment will be maximum 36 months.
 
Security
Agri Land, Crops(sugarcane), farmhouse, electric motors & pipelines etc.
 
Interest Rate
Interest Rate will be 9% p.a. ThePLR will be declared at Annual rest
(Yearly Interest Posting)
 
Required Documents
1. Agri land - 7/12 of borrowers.
2. No dues Certificate of Vikas Seva Society & Nationalized Banks in local area of branch.
3. Two Guarantors & their Income related documents& property related documents.
4. Sugarcane registration certificate of Sugar factory (2 copies).
5. Authority and recommendation letter of Sugar Factory.
6. KYC documents of Borrower & Guarantors
 
Loan Handling Charges
No any charges.
 
 
 
 
       
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