Agriculture Loans

Farm mechanisation and other transportation vehicle schemes

1. Tractor - Trailer and Agriculture implements
2. Power Tillers / Thresher machines
3. Four Wheelers for Agriculture purpose e.g. Jeep
4. Two Wheeler for Agriculture purpose.
5. Trucks & Other vehicles - For Agri. goods / produce Transportation purpose.

For Tractor - Trailer and Agri. Implements

1. Minimum requirements - One Tractor, One Trailer and two & implements.
2. Minimum land holding - 6-8 acres irrigated land. (Individual farmers or group of farmers)

For all other types of vehicles Considering irrigated land and annual agriculture and other income.

1. Margin 20%
2. Period 3 to 5 years
3. Requirement of papers
a. Quotations
b. 8 A/ 7/12 Extracts
c. No dues Certificates from Societies / Local Banks / NOC. from concerned bank       
(if out of service area)
d. Guarantor and his worth papers
e. Information regarding Annual Income from agriculture and other sources.

 For further details Click here

Source:http://www.theratnakarbank.com