Purpose:-
To establish Cold stores, Warehousing, Silos, packing units, Assaying/ Grading, Logistic facilities, Primary processing centers, packing units, ripening chambers /waxing plants, etc.
Objective:-
To enhance post-harvest management infrastructure.
Features:-
Type of Facility: Term loan
Margin:
Up to the loan limit Rs. 2 Cr: Min 10% of the project cost.
Above the loan limit of Rs. 2 Cr: 25% of the project cost.
Quantum of Loan:
Minimum loan: No ceiling
Maximum loan: No ceiling
Security: As per Bank’s extant guidelines.
Repayment: Repayment period will be ten (10) years including moratorium period of 6 - 24 months.
Interest Rate: -
Up to the loan limit of Rs. 2 Cr: 6M MCLR +100 bps.
Above the loan limit of Rs. 2.00 Cr: As per Bank’s extant guidelines.
Interest Subvention - Interest Subvention 3% p.a. for up to Rs. 2 Cr for a period of 7 years including moratorium period.
Credit Guarantee: -
Up to Rs.2 Cr: CGTMSE for MSME.
Up to Rs.2 Cr: From SFAC for FPO/ FPCs under FPO promotion scheme of DA & FW.
Portal : http://www.agriinfra.dac.gov.in
Who are eligible?
State agency/ APMCs, National & State Federations of Co-operatives, PACS, Marketing Coop Societies, FPOs, SHGs, JLGs, Multipurpose Cooperative Societies, Agri entrepreneurs, Start-ups and Central/ State Agency or local Body sponsored PPP Projects (Single entity can now set up max 25 projects different location).
Document Required:-
- Application Form
- Two Passport Size Photographs.
- ID proof such as Driving License/ Aadhar Card/ Voter Identity Card/ Passport.
- Address Proof such as voter ID card, Driving License, Aadhar Card.
- Detailed Project Report (DPR)
- Original Title Deeds, House/ Property tax payment receipts. Title Investigation Report (TIR) as per Bank’s extant instructions.
- Any other document as per sanction.
Another Information Please Visit This link:-AIF-Scheme
