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Overdraft Scheme for Working capital Assistance to the food & Agro processing unit

Particulars Guidelines under the scheme
  • Working capital requirements.


  • All Advances to new/existing (including take over from other banks) Food and Agro based processing units under “Agriculture”
  • Individual, Proprietorship, Partnership concerns, Private Limited Companies, Public Limited companies and Limited Liability Partnership Concerns.
  • If trading activities are also undertaken by the unit, the ratio of trading sales in total sales should not be more than 49% in a financial year.
Quantum of Loan minimum limit-10 lacs and
maximum-400 lacs
Nature of facility overdraft limit
Rate of Interest As per RBI/Bank’s guidelines revised from time to time.
  • 40% of the realizable value of property mortgaged.
  • Two valuation for cases where the valuation is more than Rs. 200.00 lacs.
Repayment Period
  • 12 months.
  • Mortgage of factory land and building and/or any other property(Land & Building) belonging to unit or Promoters of the unit, or close relatives of the promoters, viz. father, mother, Spouse, son etc.

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