Agri Infrastructure Fund Scheme (AIF- Scheme) - Agri & Rural

Features

• Type of Facility: Term loan
• Margin:
  • Up to the loan limit Rs. 2 Cr: Min 10% of the project cost.
  • Above the loan limit of Rs. 2 Cr: 25% of the project cost.
• Quantum of Loan:
  • Minimum loan: No ceiling
  • Maximum loan: No ceiling
• Security: As per Bank’s extant guidelines.
• Repayment: Repayment period will be ten (10) years including moratorium period of 6 - 24 months.
• Interest Rate: -
  • Up to the loan limit of Rs. 2 Cr: 6M MCLR +100 bps.
  • Above the loan limit of Rs. 2.00 Cr: As per Bank’s extant guidelines.
• Interest Subvention - Interest Subvention 3% p.a. for up to Rs. 2 Cr for a period of 7 years including moratorium period.
• Credit Guarantee: -
  • Up to Rs.2 Cr: CGTMSE for MSME.
  • Up to Rs.2 Cr: From SFAC for FPO/ FPCs under FPO promotion scheme of DA & FW.
• Portal : http://www.agriinfra.dac.gov.in
• FAQs : For more details, please visit nearest SBI Branch.