Karnataka Gramin Bank

Establishment of Agri-Clinics and Agri- Business Centres

  • Purpose
  • Eligibility
  • Loan Amount
  • Margin
  • Repayment
  • Security
  • Subsidy
  • Insurance

Purpose

Purpose

Support agriculture development, create gainful self-employment opportunities for Agri. graduates/diploma holder.

Eligibility

Eligibility

  • Agri. graduates/diploma holder

Loan Amount

Loan Amount

  • As per NABARD Unit cost

Margin

Margin

  • Upto Rs.5.00 lakh- No Margin
  • Above Rs.1.600 Lakh 15-20% Margin

Repayment

Repayment

  • 5-9 years

Security

Security

  • Upto Rs.5.00 Lakhs- Hypothecation of the asset created out of loan.
  • Above 5.00 Lakhs- Hypothecation of the asset created out of loan, mortgage of property and Co-obligation.

Subsidy

Subsidy

  • Individual project-Rs.20.00 lakhs.
  • Group project- Rs.100.00 lakhs.

Insurance

Insurance

  • Mandatory