Short Term Agriculture Loans

STAL (Short Term Agriculture Loans)

Keeping in mind the objective of society to serve farmers, the society provides Short Term Agriculture Loans to the members of the society. Farmers are offered these loans whenever they are in need and since the interest rates are low, they would be able to meet their requirements without much of a difficulty and will feel comfortable even while paying back.

•  Maximum amount for individuals  :            Rs.50,000/-

•  Interest rate                           :        16.00%

•  Repayment period                     :               36 months

•  Repayment                                :       Equated monthly instalments

•  Security                                 : Equitable Mortgage of property having valuation of twice the amount of the loan

•  Available at all branches

•  No Prepayment penalties