CentralBank of India-Rural Agri Banking
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To provide finance for construction, repair, renovation and Extension of Agri-farmhouses


Existing borrowers having good track record for the past 3 years with the Bank and new borrowers who are not defaulters of any bank and/or financial institution.

Quantum of loan

Depending upon repayment capacity, subject to 80% of Project cost. Minimum Rs.2 lac and maximum Rs.25 lac. For repairs/renovation/extension maximum Rs.5 lac.


20% of the project cost


Maximum 15 years, including moratorium period, if any


Primary – Mortgage/Charge on the assets being financed.
Collateral – Extension of charge on land already mortgaged with the bank; Hypothecation of existing and future crop on the charged land and livestock


Personal Guarantee on loans above Rs.5 lac.


Rs.2 lakh to Rs.5 lakh : MCLR + 1.00%
Above Rs.5 lakh to Rs.25 lakh : MCLR + 1.50%
Above Rs.25 lakh : MCLR + 2.00%

Processing Charges

@ Rs.120/- per lakh or part thereof subject to maximum Rs.20000/-.

Documentation Charges


Inspection Charges

Up to Rs. 2 lakh : Nil
More than Rs.2 lakh up to Rs.5 lakh : Rs.200/-
More than Rs.5 lakh up to Rs.50 lakh : Rs.500/-
Above Rs.50 lakh : Rs.1000/-

Repayment Period

Maximum 15 years, including moratorium period.

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