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Farm Produce Marketing Loan / Financing against warehouse reciept

To provide finance to farmer against pledge of receipt issued by state, central govt. ware houses as well as receipt issued by owners of private regd. Warehouse, godown and cold storages.

Objective

  • To provide liquidity to the farmers.
  • To enable farmers to hold on their produce during the period of bumper crop harvest when market price are ruling at the lowest.
  • To facilitate agriculturist to realize remunerative price by selling their farm produce during off- season when market is ruling high.

Quantum of loan

  • The maximum quantum of loan is Rs 25 lac with a minimum margin of 15%.
  • Margin depend upon the volatility of price of agriculture produce.
  • Valuation of the farm produce should be decided on the basis of market price or control price (if declared ) which ever is lower.
  • Interest @7% per annum for loans up to Rs 3 Lacs against negotiable warehouse receipts to small & marginal farmers for period up to 6 months.

Nature Of Facility : Demand loan

Repayment Schedule
Repayment period not exceeding 12 months.

CLICK HERE FOR MORE TERMS & CONDITIONS

> Baroda Kisan Credit Card (BKCC)
> Agricultural Implements
> Tractors and Heavy Agricultural Machinery
> Financing Second Hand Tractors
> Cultivation of Crops
> Farm Produce Marketing Loan
> Irrigation Potential
> Baroda Kisan Tatkal Loan Scheme
> Dealers of Agriculture Inputs
> Financing Agencies Providing Custom Services To Farmers
> Providing Employment To Unemployed Technical Personnel Through Agro Service Centers
> Agriclinics and Agribusiness Centers by Agriculture Graduates
> Financing Construction of Farm Building and Structures
> Construction / Expansion / Modernisation / Renovation of rural godown
> Development of Horticulture
> Land Development
> Scheme for Loan Against Gold Ornaments / Jewellery
> Dairy, Poultry, etc.
> Financing Scheduled Caste/Scheduled Tribes

> Scheme for purchase of Agricultural land
> Scheme For Construction Of Sanitation Facilities In Rural Areas




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