Allied Agricultural Term Loan-AATL (Investment Credit)

Purpose

All types of Allied Activities such as Dairy, Poultry, Piggery, Goatery, Duckery, & Fisheries etc.

Target Group

Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).

Age

Minimum 21 years ; Maximum: 65 years

Loan Amount

Depends on indicative unit cost and scale of finance, etc.

Margin

-For loan up to Rs. 1,00,000/- No Margin
-For loan above Rs. 1, 00,000/- 15% to 20% of total project cost.

Interest Rate

As per Bank's guidelines

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay