Various funded and non-funded credit facilities will be provided to the firm/business entities involved in commercial agriculture farming.
Features:
• Loan Processing – FREE
• Interest Rate: Base Rate +2% premium.
• Interest Subsidy of 5% (i.e base rate + 2% Premium).
• Revolving Facilities: Maximum up to one year, renewable every year subject to satisfactory performance review.
• Fixed Term Loan: Maximum up to 15 years (as per nature of business) for Fixed Assets (inclusive of livestock/cattle/plantation /Building, shed construction etc.) including the Moratorium period. Interest Subsidy on tenure up to 5 years.
• Note: In case of Loan value Exceeding Nrs.50 Million, 5% subsidy will be provided on First Nrs.50 million and 2 % on the remaining amount exceeding Nrs. 50 million subject to pre-approval from NRB.
Agriculture lending sub-sectors:
Livestock Farming: Cattle (Cow, buffalo, pig, goat, sheep), poultry (Broilers, layers, ostrich, kaliz), and Processing: Dairy, slaughter houses, meat processors, and others
Food Crops: Paddy, wheat, maize, millet, oilseeds, pulses and others
Vegetables Farming: Seasonal, off- seasonal, Tunnel, Hi-tech and others
Cash Crops: Tea, Coffee, Sugarcane, Cardamom, Apple, Kiwi, Banana, mushroom and others
Floriculture: Cut flower, Rose, Orchids, Ornamental plants and others
Aquaculture/Fishery: Fish, Nursury, Hetchary, Bio-flocks and others
Apiculture/Bee keeping: Cerana and mellifera, processing of honey etc
Special crops: Seed production, spices, herbs, walnut etc
Agricultural Mechanization: Transplanter, Broadcaster, Tractor, Riper, Thresher and other Agriculture Machineries