Karnataka Gramin Bank

Shreyas (SAL)

  • Purpose
  • Eligibility
  • Loan limit
  • Quantum of Loan
  • Security
  • Repayment

Purpose

Purpose

  • Purchase / repair of IP Set, Pump House, Pipe line, Water storage any support / improvement of irrigation.
  • Fencing, Land development, leveling, loan to Animal Husbandry activities like dairy, Poultry, Piggery, Sheep & Goat rearing.

Eligibility

Eligibility

  • All farmers irrespective of the size of the land holdings.
  • Farmers should have entire banking transaction / dealing with our Bank only. OPL needs to be obtained if the customer dealing with other Bank for MSME.

Loan limit

Loan limit

  • Loan shall assessed depending upon the project cost on need based. The project components and investment details shall be prepared and submitted by the applicant and Manager has to assess the requirement reasonably with reference to Unit cost.

Quantum of Loan

Quantum of Loan

  • The maximum limit is Rs.5.00 lakhs or 75% of Project Cost or 50% of the net value of landed property or required by the party or Annual Gross Income from the Agriculture whichever is less.

“Existing KISOD account holders are not eligible”

Security

Security

  • As per Cir No. 176/2019

Repayment

Repayment

  • 5 to 7 years.