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Objective
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To mobilize a medium - long term debt financing facility for investment in viable projects for post-harvest management Infrastructure and viable farming assets through incentives and financial support to improve agriculture infrastructure in the country.
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Nature and
Purpose of
Advance
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All post-harvest management projects and viable farming assets.
Click here to check all eligible activities Eligible Projects (dac.gov.in)
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Quantum of Loan
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Minimum- No minimum
Maximum- No minimum
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Eligibility
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Farmers, PACS, Marketing Co-operative Societies, FPOs, SHGs, JLGs, Multipurpose Cooperative Societies, Agri Entrepreneurs, Start-ups, Central /State agency, or Local Bodies sponsored PPPs with sufficient knowledge/experience in the activity undertaken.
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Security
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Nil collateral up to Rs. 2.00 crs: Credit Guarantee coverage will be available for eligible borrowers under CGTMSE scheme for loan up to Rs. 2 crores and fee will be paid by the Government. In case of FPOs, credit guarantee may be availed from the scheme of CGS-FPO.
For all other cases where credit guarantee cover is not available:
Up to Rs. 2.00 Lakhs: Hypothecation of assets created out of loan. Nil Collateral
Above Rs. 2.00 Lakhs: Loan should be adequately secured by way of immovable property whose value is not less than/ equal to the loan amount.
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Margin
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Minimum 10% of the project cost
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Repayment
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Maximum 7 years including holiday period
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Holiday Period
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Maximum 2 years
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Rate of Interest
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Internal rating
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Benchmark
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Strategic Premium
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Risk Premium
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Total Spread
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Effective ROI*
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Rating-IOB 1
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1 Y MCLR
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0.20%
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1.10%
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1.30%
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10.15%
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Rating-IOB 2
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1 Y MCLR
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0.20%
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1.20%
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1.40%
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10.25%
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Rating-IOB 3
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1 Y MCLR
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0.20%
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1.40%
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1.60%
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10.45%
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Rating-IOB 4
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1 Y MCLR
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0.20%
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1.60%
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1.80%
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10.65%
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Rating-IOB 5
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1 Y MCLR
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0.20%
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2.00%
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2.20%
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11.05%
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Rating-IOB 6 and above
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1 Y MCLR
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0.20%
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2.25%
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2.45%
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11.30%
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*1Y MCLR - 8.85% at present
Externally rated accounts:
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Externally rated accounts
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Benchmark
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Strategic Premium
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Risk Premium
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Total Spread
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Effective ROI*
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AAA
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1 Y MCLR
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0.20%
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0.70%
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0.90%
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9.70%
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AA
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1 Y MCLR
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0.20%
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0.80%
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1.00%
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9.85%
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A
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1 Y MCLR
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0.20%
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1.10%
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1.30%
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10.15%
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BBB
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1 Y MCLR
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0.20%
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1.25%
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1.45%
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10.30%
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Interest Subvention
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Loans under this financing facility will have interest subvention of 3 % per annum up to a limit of Rs.2 crores for a maximum period of 7 years.
In case of loans beyond Rs. 2 Crores, interest subvention will be limited up to Rs. 2 crores. Subvention will be allowed only till the accounts is under Standard category.
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Processing Charges
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Up to Rs. 50,000/- - Nil
Above Rs. 50,000/- up to Rs. 3 Lakhs - 0.30% of the loan amount
Above Rs. 3 Lakhs - 0.71% of the loan amount
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Conditions apply
*For more details, please contact our nearest branch
*Click here to register agriinfra.dac.gov.in/Home/BeneficiaryRegistration
* Click here to apply after registering User/Beneficiary Login (dac.gov.in)
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