Revolving Cash Credit

Revolving Cash Credit

Beneficiary

Any individual farmer holding the agricultural land.

Purpose

Credit facility for meeting out socio-economic needs.

Loan Limit

Maximum amountt Rs 15.00 lakhs subject to Rs. 1.00 per acre.

Rate of Interest*

11.50%

Margin

No margin required.

Repayment Period

Renewable on annual basis.

Collateral Security

Agriculture Land valuing at 150% of the Loan amount.