CentralBank of India-Rural Agri Banking
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Cent Kisan Sathi

Purpose * To help indebted farmers to redeem their outstanding dues of Money lenders, Pawn Brokers, Fertilizer and farm input Dealers, Middleman etc.
Eligibility * Farmers who are indebted to Non-institutional lenders
Nature of facility * Term Loan.
Quantum of Limit *Maximum of Rs 1.00 Lakh
Rate of Interest Upto Rs.50,000/-
Above Rs.50,000/- upto Rs.1.00 lacs
MCLR + 0.50%
MCLR + 1.00%
Processing Charges * Rs.120/- per lakh (0.12%) or part thereof subject to maximum Rs.20000/-
Documentation Charges * NIL
Period of loan * 5 years
Security * Tangible security if any, pledge with the moneylenders.
* Hypothecation of Crops.
* Mortgage of land.
For further details, please contact our nearest branch.
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