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- Pay your overseas education fees with Flywire
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- Kisan Shakti Loan
Kisan Shakti Loan
Kisan Shakti is finance to large farmers having additional source income from non-farm activities for various activities
Overview
OverviewKisan Shakti is finance to large farmers having additional source income from non-farm activities for various activities viz. Land Levelling fencing, soil reclamation, bunding, deepening of Open-well and ringing, repairing or replacement of irrigation system like: bore well, pipeline, drip, deepening of irrigation channel, repair and maintenance of farm implement and machinery, plough, tractor, seed-drill, harvester, thresher etc. and domestic consumption needs.
Key features
Key featuresTarget Segment: Large farmers having additional source of income
Purpose: To meet working capital, farm development, domestic and consumption requirement of farmers.
Type of facilities: Cash credit, Overdraft, Drop line overdraft, Term loan or as per applicant’s requirement and eligibility.
Security:
- Primary: Hypothecation of assets created out of bank finance
- Collateral- Mortgage of agricultural land/urban property or liquid security
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