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SEGMENT
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REVISED RATE OF INTREST
W.E.F. 09.08.2011
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WORKING CAPITAL
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TERM LOAN
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AGRICULTURE CASH CREDIT *
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Upto Rs. 50,000/-
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11.50% |
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Above Rs. 50,000/- & upto Rs. 2.00 Lac
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12.00% |
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Above Rs. 2.00 Lac & upto Rs. 5.00 Lac
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13.00% |
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Above Rs.5.00 Lac & upto Rs.25.00 Lac
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14.00% |
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Above Rs. 25.00 Lac
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14.50% |
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AGRICULTURE TERM LOAN**
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Upto Rs. 50,000/-
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11.50% |
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Above Rs. 50,000/- & upto Rs. 2.00 Lac
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12.50% |
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Above Rs. 2.00 Lac & upto Rs. 5.00 Lac
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13.50% |
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Above Rs. 5.00 Lac & upto Rs. 25.00 Lac
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14.50% |
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Above Rs. 25.00 Lac
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14.50% |
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TRACTOR LOAN
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Upto Rs. 3.00 Lac
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13.50% |
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Above Rs. 3.00 Lac
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13.50% |
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(Limit Depending upon H.P. as per separate guidelines)
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The Farmer will be provided short term credit @ 7% p.a. with an upper limit of Rs. 3.00 lacs on
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Principal Amount w.e.f. Kharif - 2010-11. The amount of Crop Loan disbursed from the date of Disbusement / Drawal upto the date of Payment or date beyond which the outstanding loans becomes overdue i.e. 2nd April, 2012 for Kharif and 2nd July, 2012 for Rabi, respectively, whichever is earlier.
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In respect of Micro Irrigation System (MIS) Drip / Sprinkler Irrigation System and for GGRC cases, the interest to be charged
as per ATL segment. Total Limit sanctioned (including Subsidy) is to be reckoned for the purpose of Interest Slab.
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Revised Rate of interest is only applicable to NEW advances
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Penal Rate : 2 % above applicable Rate
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conti...
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