Purpose:-
To establish new and strengthening of existing Dairy processing and Meat processing including Animal Feed Manufacturing units.
Objective:-
To enhance milk processing / meat processing capacity besides making available quality concentrated animals
Features:-
Type of Facility: Term loan
Margin: 10-25% 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 Subvention - Interest subvention of 3% is provided to all eligible entities.
Interest, Fees & Charges
For Eligible MSME Entities: EBLR + 200 bps.
For Other Eligible Entities: FPOs/ Private companies/ Individual entrepreneurs/ Section 8 companies
Loan up to Rs. 50 lakhs: EBLR +360 bps.
Loan above Rs.50 lakh: As per Bank’s extant guidelines.
Upfront fee : As per Bank’s extant guidelines, are subject to revision by bank from to time.
Up to Rs.2 Cr: CGTMSE for MSM
Credit Guarantee : For MSMEs - 25% of loan limit without ceiling by NABARD
Portal : portal.udyamimitra.in
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
Eligible Entities:-
- Farmer Producer Organizations (FPO)
- Private companies
- Individual entrepreneurs
- Section 8 companies
- Micro Small and Medium Enterprises (MSME)
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
