Purpose

Sanctioning Loans against the goods pledged and having ware house receipt to meet emergent needs

Eligibility

Agriculturists, Traders and Businessmen

Amount of Loan

• 65% of the market value of the produce pledged
• Maximum Rs 10.00 Lakhs

Type of Loan

Cash Credit

Interest Rate

As applicable to Priority Sector

Other Conditions

• Godown/Ware house receipts of centre/state ware house corporation or co-operative institutions shall alone be accepted
• In Case where farmers have availed crop loans, proceeds will be adjusted to crop loan account