KVB KCC (Animal Husbandry & Fisheries)
KVB KCC (Animal Husbandry & Fisheries) is a working capital limit that aims to provide timely credit to meet out the short term credit requirements for rearing of Dairy, Poultry, Fisheries and aquaculture, Piggery and other ruminants.
- Individual/Joint owners; Tenant Farmer; Oral Lessees; Share Croppers; Self Help Groups (SHG); Joint Liability Group (JLG); Proprietorship concern of Farmers are eligible to avail this loan
- For woman Borrowers concession in ROI of 0.10% is applicable.
- On stop solution for all your working capital needs for rearing of Dairy, Poultry, Fisheries and aquaculture, Piggery and other ruminants.
- Attractive of Interest rate and low service charges.
|Primary Security||Hypothecation of entire current asset|
|Collateral Security||Collateral security to the tune of 150% (Agricultural/Urban property) for loans above Rs.1.60 lakhs|
|Repayment Period/Tenor||6 to 12 months - EMI/NEMI excluding Holiday/Moratorium period|
|Limit||Maximum amount - Rs.500.00 Lakh|
|Facility Name||Rate of Interest|
|Upto Rs. 3.00 Lakh||One year MCLR + 0.35 i.e., 9.10%|
|Rs. 3.00 Lakh to Rs. 10 Lakh||One year MCLR + 2.35 i.e., 11.10%|
|Rs. 10.00 Lakh to Rs. 25 Lakh||One year MCLR + 3.35 i.e., 12.10%|
|Above Rs. 25.00 Lakh||One-month MCLR - i.e., 8.15 %|