Agriculture Infrastructure Fund - Central Sector Scheme of financing facility under agriculture infrastructure fund.Scheme for providing medium - long term debt financing facility for investment in viable projects relating to post-harvest management infrastructure and community farming assets, with incentives and financial support.

Purpose

  • To provide finance for investment in viable projects for post-harvest management infrastructure and community farming assets

Eligibility

  • Farmers, Primary Agricultural Credit Societies (PACS),Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups and Central/State agency or Local Body sponsored Public Private Partnership Projects.
  • PACS who have adopted digitization for handling its operations will be given preference under this scheme.

Margin

  • Minimum of 10% of the project cost shall be mandatory as promoter’s contribution.

Security

  • Hypothecation of assets created out of bank finance.
  • Loans up to Rs.50 lakhs shall be covered under CGTMSE. In loans above Rs.50 lakhs, mortgage of landed property with post-development security value of minimum 125% of the loan limit.

Repayment

  • Can be repaid in half yearly/yearly installments, based on income generation. Maximum repayment period of 7 years. Moratorium for repayment from 6 months to 2 years.

Interest Rates & Charges

  • Please visit Loan Interest Rates page for details
  • To provide finance for investment in viable projects for post-harvest management infrastructure and community farming assets
  • Farmers, Primary Agricultural Credit Societies (PACS),Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Self Help Group (SHG), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups and Central/State agency or Local Body sponsored Public Private Partnership Projects.
  • PACS who have adopted digitization for handling its operations will be given preference under this scheme.

Margin

  • Minimum of 10% of the project cost shall be mandatory as promoter’s contribution.
  • Hypothecation of assets created out of bank finance.
  • Loans up to Rs.50 lakhs shall be covered under CGTMSE. In loans above Rs.50 lakhs, mortgage of landed property with post-development security value of minimum 125% of the loan limit.
  • Can be repaid in half yearly/yearly installments, based on income generation. Maximum repayment period of 7 years. Moratorium for repayment from 6 months to 2 years.

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