Schematic Lending - Investment Credit (Agri., Agri. allied & Non-agri - LTRCF)

Objective

Term loans are sanctioned for Agri., Agri-allied & Non-Agri. purposes other than crop loan.

Limit

Refinance is sanctioned under NABARD investment credit policy. NABARD issues policy circular for every financial year.

NABARD Policy for the year 2023-24 No. 164 dated 31 July 2023.
NABARD Policy for providing Investment Credit under Long Term Rural Credit Fund for 2023-24 No. 246 dated 24 November 2023.

Security

Pronotes of PACS endorsed by DCCB in favour of MStCB.

Period

More than 3 years

Rate of Interest

As per prevailing interest rates.

Sir Vithaldas Thackersey Memorial Building,9, Maharashtra Chamber of Commerce Lane, Fort, Mumbai - 400001.

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Schematic Lending - Investment Credit (Agri., Agri. allied & Non-agri - LTRCF) :