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For MSMEs with turnover up to ₹100Cr
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- Farmer Funding
- Overdraft Consumption
Overdraft Vikas
Overdraft Vikas
Overdraft facility for meeting consumption requirement of the individual
Product Features
Age
Farmer’s Age - 18-60 years (Co- borrower required for applicants over 60 years)
Tenure
Loan Tenure- 1 year
Eligibility
Eligibility- Documented ITR income
Non- Agricultural
Non- Agricultural property is mandatory
Loan Amount
Minimum loan amount: ₹1,00,001 /-
Repayment Period
Repayment period- Monthly
Other Important Details
Lending rates
- Rate of interest will be linked to Prevailing Repo Rate.
- Customer rate/ pricing (ROI) shall be repo rate + spread.
- Repo rate reset frequency- every 25th day of last month of each quarter.
- The bank will publish the Repo Rate periodically on the bank’s website.
Lending rates
- Existing loan on base rate/ MCLR/ fixed rate will continue to be at existing benchmark till renewal.
- For fair practices code followed by the bank, please , click here
- For brief details on all our products, please click here
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New Car Loan
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