Cent Agri Infra Scheme

Purpose	* Providing a medium - long term debt finances facility for investment in viable projects for post-harvest management Infrastructure and community farming assets through incentives and financial support in order to improve agriculture infrastructure in the country.
Eligibility	Farmers, Joint Liability Groups (JLGs), Farmers Producers Organizations (FPOs), Primary Agicultural Credit Societies (PACS), Marketing Cooperative Societies, Multipurpose cooperative Societies. Self Help Groups (SHGs), Agri entrepreneurs, startups and Central /State agency or Local Body sponsored Public Private Partnership Projects.
Nature of facility	* Term Loan
Margin	*10% of project cost
Security	* Primary-Hypothecation of assets created out of bank's finance. * Collateral - No collateral for limit uptoRs2.00Crore since advance will be covered under CGTMSE. - For limits above Rs2.00Crore -Total value of collateral security should be at least 125% of the amount financed by Bank
Interest Rate	Upto 2.00 Crore Above 2.00 crore	6 Months MCLR + 1% Max 9% As per Rating of Borrower
Interest Subvention	3% per annum upto a limit of Rs.2 Crore for maximum period of 7 years
Upfront Fee	* Upto Rs 3 Lakh/- : Nil * Above Rs 3 Lakh/- : 50% of 1.25% (i.e. 0.625 %)
Repayment	* 7 years (including maximum moratorium 2 yrs).