RURAL-GODOWNS-CONTENT

BSE-NSE-web Portlet

Loan for Rural Go-downs

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 

  • Features
  • Eligibility
  • Repayment
  • Rates & Charges

Key Features

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>
  • 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
  • The period of the loan shall be 60 to 84 months depending on the repaying capacity of the applicant
  • Repayable in   monthly / quarterly / half-yearly / annual installments depending on the cash flows available to the borrower.