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Medium Term Loan

Loans granted for a period exceeding twelve months, except in case of sugarcane crops are called Medium Term Loans.

The Bank will issue Medium Term Loans for the following agricultural purposes


Loan Purpose Loan Limit Repayment Period Rate of Interest Documents Required
Land Development Loan Upto 10Lakhs 60 Months 3.00%
Land Development Loan 10Lakhs - 40Lakhs 60 Months 12.00%
Dairy Loan(2Cattles) 1.20Lakhs 36 Months 3.00%
Dairy Loan(10Cattles) 7.30Lakhs 60 Months 3.00%
Tractor 85% of Invoice Value 36 Months 3.00%
Poultry Upto 10 Lakhs 60 Months 3.00%
Sheep Upto 10 Lakhs 60 Months 3.00%