A warehouse loan is intended to make it easier to store farm products in rural locations. As a result, loans for the construction of warehouses in rural areas are available. For the construction of warehouses for various purposes, banks do offer alternative credit packages. NABARD regulates warehouse loans, which often have lower interest rates than other lending kinds. The current interest rate on this type of loan is from 10.5 to 11.5 per cent.
Starting from With the down payment of 25% we provide Warehouse loan for a repayment tenure upto ….
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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