The Green Harvester Scheme finances the purchase of all types of harvesters. Now you can easily afford to purchase this scheme that will help you to effectively increase your productivity and get the most out of your land.
- For the purchase of a combine harvester.
- The guarantee for the loan as acceptable to the bank.
|Loan Amount||Cost of harvester minus the margin subject to a maximum of Rs. 25 Lakhs.|
|Repayment||3 to 5 years.|
|Margin||Minimum of 20%.|
|Primary Security||Hypothecation of the harvester to be purchased out of our bank finance.|
|Collateral Security||100% of loan amount (preferably building).|
Note: For details of Processing Charges & other charges, prospective customers are requested to contact nearby branches.
|KVB Green Harvest (Margin 20%)||One Year MCLR + 0.85%|