13. Indirect Agri Loans to Dealers in Fertilizers , Pesticides, Other Agri Inputs

Eligibility

Dealers/sellers of fertilizers, pesticides, seeds, cattle feeds, poultry feeds, agricultural implements and other inputs .The firm should be consistently profit making and should project profits in future.

It should be equipped to meet the margin on working capital requirements

Rate of Interest

Upto 25 lakhs1 % above Base Rate.
Above 25 lakhs, as per CRA Rating.
      
Margin

• Goods 25 %
  
• Receivables Bills 50 %
  
• Book Debts –50 %

Security

Primary Hypothecation of stocks/receivables
Collateral Should cover not less than 100 % of the loan amount.