Objective

For Building Community Farming assets, Farm/ Harvest Automation,

Remote sensing etc.

Target Group

Farmers, PACS, Marketing Co-operative Societies, FPOs, SHGs, JLGs, Multipurpose Cooperative Societies, Agri Entrepreneurs, Start-ups, Central / State agency, or Local Bodies sponsored PPPs.

Purpose

Medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through incentives and financial support to improve agriculture infrastructure in the country.

Amount of Loan

Maximum- Rs.2.00 Crores

Security

Prime Security:

Hypothecation of assets created out of bank finance / pledge of warehouse receipts

Collateral Security:

For loan amount up to Rs.1.60 Lacs - Nil collateral

Loan amount above Rs. 1.60 lacs - Mortgage of immovable properties (SARFAESI compliant).

Rate of Interest

Refer - Interest Rates at a Glance (Click here)

Click to apply

agriinfra.dac.gov.in/Home/BeneficiaryRegistration

Repayment Period

Maximum 12 years based on the activities undertaken

Holiday

Maximum 24 months depends on the activities undertaken

For other details, please contact your nearest IOB branch.