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Farm Loan

Rajarshi Shahu Multistate Co-Op Society

Agri Allied Business Loan

A farmer may use agricultural loans to finance seasonal farming operations or allied ventures like raising livestock, cultivating fish, or buying land or farm equipment. This kind of loan also aids in the purchase of inputs like seeds, pesticides, and fertilizers.

Compare the lowest interest rates in India for agricultural loans.

10 per cent to 15.33 per cent annually At the moment of pay-out, no more than 2 per cent of the punishment limit. 8.70 per cent p.a. and up (Cent Kisan Tatkal Scheme), Central Bank of India. Nil up to Rs. 25,000.

Required Document

  • Aadhaar Card Xerox​
  • Voting Card Xerox
  • PAN Card Xerox
  • Light Bill Xerox
  • Ration Card Xerox
  • Photo 4
  • Savings Account Bank Statement for 6 months
  • 2 stamps of Rs.100 each
  • Bank Passbook Xerox (Nationalized Bank)
  • 100 rupees notarized without putting a check on the stamp

Guarantor 2

  • Aadhaar Card Xerox
  • Voting Card Xerox
  • PAN Card Xerox
  • Light Bill Xerox
  • Ration Card Xerox
  • Photo 1
  • Guarantor Bank passbook Xerox (Nationalized Bank)
  • 2 checks of one guarantor 100 stamps of one guarantor
  • Notarized without putting a stamp cheque
  • LIC Policy

Note :- Borrower and both guarantors must have membership and income proofs of the organization

10% reduction in loan amount

Interest Rate :- 15 %

Rate of interest on arrears :- 2 %

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