Loan for Rural Go-downs

Features

Federal Bank offers loans to set up Go-downs, Warehouses, Cold Storages, Functional infrastructure for collection/assembling, drying, cleaning, grading, standardization, SPS (Sanitary & Phyto-sanitary) measures and quality certification, labeling, packaging, ripening chambers, retailing and wholesaling, value addition facilities 

Loan Amount

  •  Up to 75% of cost of the Project.
 
Documents
  •  Project report along with plan and estimate duly certified by a civil engineer.>
 
Security
  • Hypothecation of assets created and mortgage of land>

Eligibility

  • Individuals, Group of farmers / growers / consumers, Partnership / Proprietary firms, Non-Government Organizations (NGOs), Self Help Groups (SHGs), Companies, Corporations, Cooperatives, Cooperative Marketing Federations, Local Bodies, Agricultural Produce Market Committees and Marketing Boards in the entire country