KVB Agriculture Infrastructure Fund

KVB Agriculture Infrastructure Fund provides credit facility for development of Agri infrastructure projects

Features and Benefits
  • Farmers, Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies, Farmer Producers Organisations (FPO), Self Help Group (SHG), Joint Liability Groups (JLG), Multipurpose Cooperative Societies, Agri-entrepreneurs, Startups & Central/State agency or Local Body sponsored Public Private Partnership projects are eligible to avail this loan
  • 3% Interest Subvention upto Rs.2.00 crore and 7 years
  • Credit guarantee upto Rs.2.00 crore under CGTMSE scheme
  • Benefits under AIF can be combined with other government subsidy schemes
Eligible projects
  • Supply chain services including e-marketing platforms
  • Warehouses
  • Silos
  • Pack houses
  • Assaying units
  • Sorting &grading units
  • Cold chains
  • Logistics facilities
  • Primary processing centers
  • Ripening Chambers
Security and Repayment tenor
Primary Security Hypothecation of entire current asset/assets created out of the facility
Collateral Security 1. For limits up to Rs.2 Crore, collateral security is Nil.
2. Beyond Rs.2 Crore collateral securities will be required.
Repayment Period/Tenor 84 months - EMI/NEMI excluding Holiday/Moratorium period
Limit No maximum limit
Rate of Interest 1. For limits up to Rs.2.00 Crore – 1 year MCLR + 0.50% (Subject to maximum Cap of 9.00 % p.a.)
2. For Limits above Rs.2.00 Crore - 1 year MCLR + 1.00%
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