Loans for Solis/Godowns for Storage of Agriculture Produce

• Collection Charges: 100% Waiver of collection charges on collection of Cheques issued in favour of the borrower by Food Corporation of India (FCI).
• Maximun Loan Amount is Rs 100.00 Cr

Term Loan/Working capital facilities may be considered for any/ all the activities as follows:

• For creation of scientific storage capacity viz. godowns, dry warehouses, cold storage, cold chains, silos and Market Yards.
• The above facilities may be considered for financing towards construction of new projects.

• Individuals, Group of Farmers/growers, Registered Farmer Producer Organisations (FPOs).
• Partnership / proprietary firms, LLP, Companies and Corporations.
• Non-Government Organizations (NGOs), Self Help Groups (SHGs).
• Cooperatives, Cooperatives Marketing Federations.
• Autonomous Bodies of the Government
• States Agencies including State Government Departments and autonomous organization / State owned corporations such as Agricultural Produce Market Committees & Marketing Boards, state warehousing corporations, State Civil Supplies Corporations etc.

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

Collection Charges: 100% Waiver of collection charges on collection of Cheques issued in favour of the borrower by Food Corporation of India (FCI)

Processing charges:

• Aggregate Agriculture exposure of Rs. 3.00 Lakhs- Nil

For Working Capital (Fresh/Review)

• Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250/- Lakh or part thereof +GST
• Above Rs 10 Lakhs- Rs 350/lakh or part thereof maximum Rs 35.00 Lakhs

For Term Loan

• 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