Get instant finance against your Agri commodities.
Rural, Micro banking and Agribusiness group caters to the financial needs of those involved in the commodities business, such as farmers, traders, processors and aggregations. A credit line of up to Rs. 300 million is offered for agricultural operations with agricultural commodities as securities, including those maintained in demat form.
Limit : Maximum of Rs. 300 million. The limit is assessed on the basis of financial parameters and proof of dealing in commodities Tenure : Maximum of 12 months. The tenure of each tranche varies from 3 to 12 months depending on the commodity financed
["Limit : Maximum of Rs. 300 million. The limit is assessed on the basis of financial parameters and proof of dealing in commodities Tenure : Maximum of 12 months. The tenure of each tranche varies from 3 to 12 months depending on the commodity financed","Limit : Maximum of Rs. 300 million. The limit is assessed on the basis of financial parameters and proof of dealing in commodities Tenure : Maximum of 12 months. The tenure of each tranche varies from 3 to 12 months depending on the commodity financed"]
FAQ
• If you transfer the funds from your linked bank account, amount will get credited in your ledger immediately with no time lag. • For cases wherein transfer is done directly by selecting bank name from the drop down list, on selecting "More Bank" option, you will get the margin to trade & clearance will be given once we get the credit.
In three working days or as per Bank clearing TAT, the amount gets credited to your account If the cheque is an outstation cheque or as per Bank outstation clearing TAT, it takes around 15-20 days for the amount to be credited to your account.