Financing Installation of Gobar Gas/Bio-gas Plants

• Nil Margin for aggregate loan up to Rs. 1 lakh
• Low margin of 15% for loans above Rs 1.00 lakh
• Nil Processing charges for aggregate loan upto Rs 3.00 Lakhs
• Nil Inspection charges for aggregate loan upto Rs 3.00 Lakh

All persons who are not indebted to any other commercial bank and are staying within the manageable distance from the branch and whose repaying capacity are satisfactory will be considered for these loans.

Loans are provided for establishment of Bio gas plants which can be fed with any locally available biomass.

Farmers having sufficient source of income for servicing the loan interest and installment.

• KYC Documents (AADHAR, Voter ID, PAN Card, Driving License etc.)
• Passport Size photo
• Quotation/Invoice (if available)
• Land Records
• Project Report (if available)
• IT Returns (if available)

Processing charges:

• Aggregate Agriculture exposure of Rs. 3.00 Lakhs- Nil
• Above Rs 3 Lakhs - 1 % of the limit sanctioned with a maximum of Rs 100 lacs.

Inspection Charges:

• Agriculture exposure upto Rs. 3.00 Lakhs- Nil
• Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250
• Above Rs 10 Lakhs to Rs 1 Crore - Rs 1000
• Above Rs 1 Crore - Rs 5000