To provide finance to farmer against pledge of receipt issued by state, central govt. ware houses as well as receipt issued by owners of private regd. Warehouse, godown and cold storages.
Objective
- To provide liquidity to the farmers.
- To enable farmers to hold on their produce during the period of bumper crop harvest when market price are ruling at the lowest.
- To facilitate agriculturist to realize remunerative price by selling their farm produce during off- season when market is ruling high.
Quantum of loan
- The maximum quantum of loan is Rs 10 lac with a margin of 15 to 40%.
- Margin depend upon the volatility of price of agriculture produce.
- Valuation of the farm produce should be decided on the basis of market price or control price (if declared ) which ever is lower.
Eligibility
Farmer intending to avail farm produce marketing loan should be a farmer and farm produce to be stored must be the produce of his own farm.
Nature Of Facility : Demand loan
Repayment Schedule
Repayment period not exceeding 12 months.
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> Baroda Kisan Credit Card (BKCC)
> Agricultural Implements
> Tractors and Heavy Agricultural Machinery
> Financing Second Hand Tractors
> Cultivation of Crops
> Farm Produce Marketing Loan
> Irrigation Potential
> Dealers of Agriculture Inputs
> Financing Agencies Providing Custom Services To Farmers
> Providing Employment To Unemployed Technical Personnel Through Agro Service Centers
> Agriclinics and Agribusiness Centers by Agriculture Graduates
> Financing Construction of Farm Building and Structures
> Construction / Expansion / Modernisation / Renovation of rural godown
> Development of Horticulture
> Land Development
> Scheme for Loan Against Gold Ornaments / Jewellery
> Dairy, Poultry, etc.
> Financing Scheduled Caste/Scheduled Tribes
> Scheme for purchase of Agricultural land
> Scheme For Construction Of Sanitation Facilities In Rural Areas
