Digi Dairy Term Loan
Digi Dairy Term Loan
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Particulars |
Guidelines |
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Target Group |
Individual farmers |
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Types of facility |
Term Loan |
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Objective |
Purchase of Milch Animals |
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Quantum of finance/Assessment |
(Based NABARD Unit Cost) |
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Margin Norms |
If the total aggregate loan amount of existing & proposed Agri loan is less than or equal to ₹2.00 lakh, margin is NIL. If it exceeds 2 lakhs, margin is 10%. |
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Repayment Period |
Loan amount repayable in 60 Monthly instalments |
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Processing fee & other charges for Term Loan |
As per circular on service charges related to Agri advances issued from time to time. |
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Rate of Interest |
Please refer the Lending Rates link on home page in our Bank’s Website www.indianbank.bank.in. |
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Security Norms |
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