Bank | Punjab National Bank |
Scheme | PNB ARHATIA |
Description | To provide Working Capital to the Commission Agents/ Arhatia, irrespective of their location enabling them to make advance payment to farmers for supply of inputs as also for buying the output from them.
Supply of inputs (such as fertilizers, pesticides, seeds, cattle feed, poultry feed, agricultural implements and other inputs) to farmers and buying the output from them.
Carrying post harvest activities such as sorting, grading etc. |
Eligibility | Commission Agents/ Arhatia having valid license from the market yard/Board.
All Commission Agents/ Arhatia irrespective of location shall be covered under the scheme. |
Rate of Interest & Repayment | Interest: as per Bank’s policies |
Collateral | Personal guarantee of owner the property as per guidelines |
Composite /loan Limit | Maximum up to Rs. 5.00 Crore |
Margin | NA |
Detail Link | View Link |