1. Agri Mobile Loan
Eligibility:
I. Agriculturists:
Those owning minimum 1 Ha (2.50 acres) of yielding plantation crops in own name and another 1 Ha (2.50 acres) of yielding plantation under collective management.Total 2 Ha (5 acres) and a favourable DSCR of 1 to 1.50.
II. Others:
Those engaged in all the allied activities under Agriculture including fertiliser/pesticide/agriculture implements dealers and those having the dealerships of irrigation equipment’s including Drip/Sprinkler irrigation systems with a favourable DSCR of 1-1.50.
Period: Upto seven years.
2. Federal Kisan Cards
Federal Bank comes out with an innovative product with lot of built in flexibility suiting the over all credit requirements and potential of the farming community.
Purpose:
Federal Kisan Cards can be issued to farmers to meet their cultivation needs and non-farm requirements including purchase of inputs and other short term requirements and working capital requirements for allied activities in a flexible and cost effective manner.
Eligibility:
Owner cultivators or those engaged in allied activities are eligible for Federal Kisan Cards. Farmers cultivating authorised leased lands are also eligible.
Period: The Federal Kisan Card is for a period of 3 years subject to an annual review.
3. Warehouse Loans
Purpose: Business / Personal / Agriculture
Eligibility: Against Warehouse receipts
Period: 3 months |
