INTRODUCTION

AGRICULTURE LOAN State Bank of India Caters to the needs of agriculturists and landless agricultural labourers through a network of 8750 rural and semi-urban branches. Apart from the branches, there are 428 Agricultural Development Branches (ADBs) which also cater to agriculturists. We are the leaders in agri finance in the country with a portfolio of Rs. 64,000 crs in agri advances covering around 80 lac accounts. Our branches have covered a whole gamut of agricultural activities like crop production , horticulture , plantation crops, farm mechanization, land development and reclamation, digging of wells, tube wells and irrigation projects, forestry, construction of cold storages and godowns, processing of agri-products, finance to agri-input dealers, allied activities like dairy , fisheries, poultry, sheep-goat, piggery and rearing of silk worms.

To give special focus to agriculture lending Bank has also appointed agri specialists in various disciplines to handle projects/ guide farmers in their agri ventures. Advances are given to borrowers for very small activities covering poorest of the poor to hitech activities involving large fund outlays. Now we are setting up Agri Commercial Branches (ACBs) which will handle high value agri financing involving large investments. It envisages lending through corporate partnerships and other large enterprises for commodity financing, investment credit, other high value agriculture segments like horticulture, floriculture & food processing etc. It also focuses on Agri related SME including setting up of Rice and Dhal mills, seed processing industry, food processing industry, large and small scale dairy units, etc. Traditionally, rural business is associated with agriculture and allied activities. Of late however, the trickle down effect of economic growth, renewed focus on infrastructure development, and employment generation in rural areas have led to huge investment by the Government in rural India, with a view to bridge the urban and rural divide. Considering that agriculture would continue to be significant driver of Indian economy, with the possibilities of rapid growth in emerging areas like contract farming, agro-processing and agro-export zones, etc., a separate Agri Business Unit (ABU) with a distinct organizational structure has been set up in the Bank and under noted objectives has been created in 2004:o Providing focused attention on the banking requirements of the agriculture segment, o Achieving 18% target under agricultural advances as required under priority sector norms, o Focus on micro finance and SHG opportunities (now part of non-farm sector in Rural Business),

o Focus on Key Corporate and Institutional relationships in agriculture, emerging opportunities, and special initiatives, as may be necessary, o Focus on product development and management,

o Reduce NPA levels in Agriculture, o Make agriculture a commercial proposition. ABU has four departments headed by Deputy General Managers. :1. Agri Business, Planning, Monitoring and Market Intelligence. 2. Corporate and Institutional Relationship. 3. Product Development and Marketing. 4. RRBs & Lead Bank Department. We also have an effective Marketing and recovery team in each region with responsibilities for marketing and building relationships with dealers of agri-products, organizing promotional events and for loan sanction, processing, monitoring and recovery. With a collective effort of Govt. and the people, we are set forth to continue growth in the rural and agri development and become the Banker to Every Indian. AGRICULTURAL GOLD LOANS Purpose Bank extends hassle free finance to farmers / agriculturists against Gold Ornaments / gold wares to increase their liquidity to meet crop production expenses, Investment expenses related to agriculture and / or allied agricultural activities. Eligibility Any person engaged in agriculture or allied activities as well as persons engaged in activities permitted to be classified under agriculture. Quantum of Loan Upto 70% of the value of the ornaments .Value will be as advised by the bank to the branches periodically. Security Pledge of gold ornaments. How do you repay Credit / Overdraft: Like KCC, it is a running account for a period of 3 years. Demand Loan / Term Loan : The repayment period of the loan should be fixed so as to coincide with the harvesting and marketing season / generation of income from the activity, allowing 2 to 3 months time after harvesting to market the produce and realize the proceeds. However, the total period will not generally exceed one year from the disbursement of the loan in the case of short-term loan / production credit and 36 months in other cases.

 KISAN CREDIT CARD (KCC) Purpose: To provide timely and adequate credit to farmers to meet their production credit needs (cultivation expenses) besides meeting contingency expenses, and expenses related to ancillary activities through simplified procedure facilitating availment of the loans as and when needed. Who are eligible for the loan?

Owner cultivators, tenant cultivators and Share croppers. Agricultural borrowers having good track record for the last 2 years (i.e., Maintaining standard loan accounts). Creditworthy new borrowers can also be financed. Loan amount

Loan amount is based on operational land holding ,cropping pattern and ancillary and contingency needs of the farmer for the full year 100% of the cultivation cost available as loan upto Rs 50000/ and 85 % of the cost as loan above Rs 50000/. Expenses to meet important ancillary activities to production can also be financed in addition to the above The total limit is inclusive of 20% of production credit, which includes crop production expenses and working capital for allied agricultural activity, as contingency credit /consumption loan. Disbursement of the Loan As per the cultivation requirements of the crop, the loan will be disbursed in cash . Security Loan amount upto Rs 50000/ Above Rs 50000/ upto Rs 100000 Hypothecation of Crops. (1) Hypothecation of crops. (2) Mortgage of land or third party guarantee * (1) Hypothecation of crops (2) Mortgage of lands

Above Rs 100000/

*For loans upto Rs 1 lac to farmers having legal ownership of agricultural lands with good track record for last 2 years, no collateral is required How do you repay It is a revolving cash credit limit with any number of withdrawals and repayments and Limit is valid for 3 years

 PRODUCE MARKETING LOAN Purpose:

To help farmers avoid distress sale of their produce To enable prompt repayment of crop loan dues and provide liquidity to farmers to meet contingency needs. To offer the facility of loan against the stocks stored in farm houses, in addition to loan against warehouse receipts. Who are eligible for the loan? 1. All non-defaulter borrowers of our branches, who can store the produce either in their own farm/premises itself or in a Warehouse / cold storage. 2. Crop loan borrowers of other Banks and also Non-Borrower Farmers, who store their produce/ stocks in a Warehouse / cold storage. Loan amount 60 to 80% of value of produce depending upon the place of storage subject to a maximum of Rs.10 lacs. Documents you need to produce Stock statement for valuation and evidence of stocks at your residence/ godown Warehouse receipt, duly endorsed , if stocked at warehouse. SECURITY : 1. Loan sanctioned against goods stored in Farmers godown: Primary : Hypothecation of stocks. Collateral : Mortgage / Charge over Land or Third Party guarantee for loans above Rs. 50,000/-. 2. Loans sanctioned against Warehouse Receipts (WHR) : Primary : Pledge of stocks. Collateral : No collateral is required for loans upto the maximum permitted limit of Rs.10 lakhs under the scheme. DISBURSEMENT: After liquidating the crop loan ,surplus will be disbursed in cash. How to repay? Loan has to be repaid within a maximum period of 12 months depending upon the crop.

KISAN GOLD CARD SCHEME (KGC)

KGC is a general-purpose loan meant for meeting credit needs of farmers for productive and consumption

purposes. Consumption loans to meet domestic expenses like Childrens education, marriage, medical expenses etc will be included to the extent of 20% of the limit. Who are eligible? Farmers with excellent repayment record for at least past 2 years, new farmers with sizeable deposits with our branches for 2 years, .good borrowers with other banks,Farmers who have closed accounts are eligible for this loan. Loan amount Loan amount is fixed on the basis of Five times the annual farm income or 50% of the value of land (to be) mortgaged as collateral security, whichever is less, with a maximum of Rs. 10 lacs Documents you need to provide Land records, other than that is already given to the bank, encumbrance certificates,if required . Security (a) Upto Rs 50000/ (b) Above Rs 50000 to Rs 100000 Hypothecation of assets created. Hypothecation of assets and mortgage of land Or Third party guarantee Hypothecation of assets and mortgage/ Charge over land or any other tangible security

(c) Above Rs 100000

How do you repay Repayment will be in Quarterly/Half yearly/Yearly installments depending on the harvest of the crops or the liquidity created by the agriculture activity undertaken with a maximum of 6 -7 years However, the limits availed for setting up of Horticultural Orchards can be repaid over a period of 9 years from the date of sanction. SETTING UP OF AGRI-CLINIC & AGRI BUSINESS CENTRES Purpose The scheme is to provide self employment opportunities to technically trained persons and to augment extension services for agriculture. Who are eligible for this loan? Agricultural graduates / graduates in subjects allied to agriculture like horticulture, animal husbandry, forestry, dairy, veterinary, poultry, pisciculture and other activities. LIST OF VENTURES: 1. Soil and water quality cum inputs testing laboratories. 2. Post surveillance, diagnostic and control services. 3. Maintenance, repairs and custom-hiring of agricultural implements & machinery of Micro irrigation system.

4. Agri service centers including the above 3 activities (group activities). 5. Seed processing units. 6. Micro propagation through plant tissue culture lab & hardening units. 7. Setting up of vermiculture units, production of Bio-Fertilisers, Bio-Pesticides (Bio control agents) 8. Setting up apiary (bee keeping) & Honey, Bee Products, processing of units. 9. Facilitation and agency of Agri. Insurance Services. 10. Provision of extension, consultancy services. 11. Hatcheries and production of Fish-Fingerlings for Aquaculture. 12. Provision of livestock health cover, setting up veterinary dispensaries & services including frozen, Semen Banks & Liquid Nitrogen supply. 13. Setting up of information technology kiosks in rural areas for access to various agriculture related portals. 14. Feed processing and testing units. 15. Value addition units. 16. Setting up of cool chain from the farm level onwards (group activity). 17. Post harvest management centers for sorting, grading, standardization, storage and Packaging. 18. Setting up of metallic / non-metallic storage structure (Group Act). 19. Retail marketing outlets for processed Agri products. 20. Rural marketing dealership of farm inputs and outputs.Any combination of 2 or more above viable activities along with any other economically viable activities selected by the graduates, which is acceptable to the bank Loan amount Individual Activity Rs.10 lacs Group Activity Rs.50 lacs (maximum). In case of group projects, if the group consists of 5 or more persons, all except one of them would have to be agriculture graduate trained under the scheme and the remaining could be non-agri graduate with experience in business development and management. Loan amount for loans upto Rs 5.00 lacs 100% Loans above Rs 5 lacs upto 85 % of the cost SOFT LOAN ASSISTANCE: 50 % of margin to be contributed by the applicant is provided by NABARD as Soft loan without any interest.. SUBSIDY: Credit linked capital subsidy @25% of the capital cost of the project funded through bank loan would be eligible. This subsidy would be 33.33% in respect of borrowers belonging to SC, ST, women and other disadvantaged sections and those from North-Eastern and Hill States. In addition to the above subsidy, full interest subsidy would be eligible for the first two years of the project. The capital subsidy will be back-ended with minimum 3 years lock-in period. The interest subsidy would, however, be concurrent. SECURITY : Upto Rs. 5.00 lacs Hypothecation of assets created.

Above Rs. 5.00 lacs:

Hypothecation of assets created. and Mortgage of land or Third party guarantee.

How to repay the loan The loan should be repaid in 5-10 years with grace period of maximum 2 years. LAND PURCHASE SCHEME Purpose: To assist Small & Marginal farmers and landless agricultural labourers for purchase of Land, who are our existing borrowers to consolidate land holdings & development of Wasteland & fallow lands. Who are eligible?

Small & Marginal Farmers owning less than 5 acres of unirrigated / 2.5 acres of irrigated land in their own names , landless agricultural labourers. The borrowers should have a record of prompt repayment of the loan for at least two years. Good borrowers of other Banks are also eligible provided they liquidate their Outstandings to other banks. Loan amount: Loan may be considered for:

Cost of land Provision of irrigation facilities & land development (shall not exceed 50% of the cost of the land). Purchase of farm equipments. Registration charges & stamp duty.

Loan amount will be 85 % of the cost of the land, as assessed by the bank, subject to the maximum of Rs 5 lakhs Security Mortgage of land to be purchased How to repay the loan Max. 9-10 years beginning after the expiry of gestation period, with half-yearly instalments.. .Gestation period will be maximum of 1 year for the developed land and 2 years for the land to be developed.. SCORING MODEL FOR TRACTOR LOANS Purpose Agricultural term loans are sanctioned for purchase of new tractors, accessories and implements

Who are eligible for tractor loan? Agriculturists (individually or jointly ) and Persons offering security like NSCs, KVPs, the Banks Fixed Deposits, surrender value of LIC policy, gold ornaments etc. to cover more than 60% of the loan amount are eligible for the loan .The applicants should score minimum score of 40 under the Scoring model of the bank. Loan amount Upto 95 % of the cost of the Tractor, trailer and accessories. (Depending on the scores in the scoring model).The cost includes the Registration charges and insurance premium not exceeding Rs 15,000/-. Additional loan equal to 10% of tractor loan for repairs may be provided for at the time of sanction. Bank will finance only for those models of tractors which have completed the commercial test from organizations viz. Central Farm Machinery Training and Testing Institute (CFMTTI) Budni (Madhya Pradesh) or Farm Machinery Training and Testing Institute (FMTTI), Hissar Security Hypothecation of the tractor, accessories and implements. Noting of Banks hypothecation charge in the RC Book of the tractor is compulsory in all the cases. Collateral Security like NSCs, KVPs, Banks Fixed Deposits ,Surrender value of LIC policy etc OR Mortgage of agricultural lands .However no collateral security is required, if the score is 70 and above on the scoring model of the bank

How to repay the loan Within a maximum period of 9 years, including a grace period not exceeding 12 months. The installments shall be payable half-yearly / yearly, coinciding with the harvesting and marketing period of the crops proposed to be grown by you KRISHI KALYAN Purpose:

To provide timely and adequate credit to farmers to meet production and consumption expenses. To offer credit against the stocks stored in farmers own premises / godowns/ warehouses/ cold storage, which help farmers avoid distress sale of the produce & promptly repay the loan dues. To reduce the multiple process of separate application, documentation & EM creation for availment of KCC and PML, thereby reduce the time for delivery of credit.

ELIGIBILITY All non-defaulter and credit worthy farmers owner cultivators, tenant farmers, and share croppers, having good track record and cultivating crops , like food grains( cereals), pulses, oilseeds etc., produce of which could be stored in godowns /ware houses/cold storage etc., Farmers cultivating fruits and vegetables, in centers where cold storage facilities are available. Quantum of Loan: Total credit limit will be sanctioned, comprising of following components. Production credit: Annual Credit needs will be sanctioned, depending on the operational land holdings, cropping pattern, and scale of finance.

Contingency credit: Contingency credit: Produce Marketing loan: Limit depends on the current market price or the MSP fixed by the Government (less Margin) multiplied by the quantum of stock to be stored. Maximum Limit: a. Production Credit : No upper limit b. Produce Marketing Loan : Max of Rs 10 lac per borrower. Margin:

For Production Credit: 15-20% For Produce Marketing loan: 40%

1. sanctioned against goods stored in Farmers own godown 2. Loans against warehouse receipt 20-35% SECURITY Limit up to Rs 1 Lac:

Primary: - Hypothecation of standing crops and / or stocks Stored under produce Marketing Loan Collateral : - NIL

Limit above Rs 1 Lac; I) If the Production credit portion does not exceed Rs 1 lac and Produce Marketing Loan is against Warehouse receipt (Max Limit Rs 10 lacs) a) Hypothecation of standing crops and/or Pledge of stocks. b) Warehouse Receipt (duly endorsed) and Letter from the Warehouse Authorities to the effect that the stocks covered by WHR will be released only on a written communication from the bank <br II)If production credit limit exceeds 1lac & produce loan is against warehouse receipt (below Rs 10 lac) a) Hypothecation of standing crops and/ or Pledge of stocks. b) Mortgage /charge over the land to the extent of Production credit limit.<br III)If production credit limit exceeds 1lac & produce stored in Farmers own go-down a) Hypothecation of standing crops and stocks b) Mortgage/charge over land c) Declaration of Stocks from the farmer</br </br INTEREST RATE As applicable from time to time to crop loans. REPAYMENT Crop Loan (Production Credit) &} Loan amount will be liquidated from Produce Contingency credit Loan } Marketing loan sanctioned to the farmer

Produce Marketing Loan is to be repaid within a maximum period of 12 months, from the date of availment of the PML loan, depending on the produce. MORTGAGE LOAN TO SEED PROCESSING UNITS
Purpose To Provide hassle free finance to Seed Processing Units who are willing to furnish mortgage of property of adequate value. Who are eligible? Existing customers. New connections including takeovers. First generation entrepreneurs as well as promoters of existing units. Loan amount 65% of the realizable value of the property subject to a maximum of 40% of the projected annual turnover. Minimum loan amount will be Rs 5,00,000. Maximum will be Rs 1.00 crore. Security (1) Hypothecation of stocks and receivable (2) Equitable Mortgage of land & building. How to repay the loan? Cash Credit renewable on an annual basis, on the basis of the level of activity and the entire loan is repayable on demand

Retail Agri Loans - Kisan Card / Kisan Gold Card (http://www.hdfcbank.com/personal/product/productdetails/retail-agri-loans-kisan-card-kisangold-card/gts8mipt)

Personal Products Loans Rural Loans

Retail Agri Loans - Kisan Card / Kisan Gold Card Looking for a Kisan Card / Kisan Gold Card? Already have a Kisan Card / Kisan Gold Card?

Features

Use your Kisan Gold Card to buy agricultural equipment and pay for other agricultural related expenses. Credit limit of Kisan Gold Card will initially be set for 1 year and will be renewed subsequently. Enjoy the modern convenience of anytime and anywhere banking!

Benefits

Your Kisan Gold Card will broadly cover crop production requirements, post harvest and domestic consumption requirements and other equipment related expenses. You will get a Personal Accident Insurance Cover of Rs. 2 lakhs totally FREE! You can enjoy daily withdrawal amounts with an upper limit of Rs. 15,000 at ATMs and Rs. 25,000 at merchant outlets.

Do you want to know about our Kisan Gold Card in detail?

The Kisan Gold Card will give you convenient credit in the form of a hassle-free loan to meet farming production and investment requirements. Although, peer banks have been providing such credit facilities to farmers, HDFC Banks Retail Agri Loan comes with the convenience of a Kisan Gold Card and anytime, anywhere banking.

Anytime Anywhere banking: You will now be free from the age old hassle of traditional 10 AM to 2 PM banking at your parent branch only. Wide coverage: Just like any other VISA credit or debit card offered by HDFC Bank, the Kisan Gold Card too can be used at any banks ATM including HDFC Bank ATMs across the country and all Visa establishments worldwide. The Kisan Gold card gives you the freedom to transact at more than 6000 HDFC Bank ATMs located in more than 900 locations without any extra charge. Also, this card can be used at any other Banks ATM across the country and all VISA establishments worldwide. Withdrawal limit: You can withdrawal amounts with a daily upper limit of Rs. 15,000 at ATMs and Rs. 25,000 at merchant outlets. Utility Value: The Kisan Gold Card helps you meet your production and investment needs. This broadly covers crop production requirements, including funds required for all related inputs to grow a crop. The card is also equipped to meet Post Harvest and Domestic consumption requirements. Agri-related expenses: Armed with the Kisan Gold Card, you can also purchase agricultural equipment/implements, fulfill irrigation requirements, construct farm buildings and invest in agricultural related activities such as dairy, piggery, poultry, beekeeping, etc. Card limit: The credit limit on the Kisan Gold Card is sanctioned for 1 year, based on your farming production requirements. It can be renewed every year.

Insurance: You will get a Personal Accident Insurance Cover of Rs. 2 lakhs totally FREE! Credit Facility: The ATM Debit Card will be backed by a line of credit.

What are the eligibility criteria for securing the Kisan Gold Card?
Are you a farmer who owns a piece of agricultural land? Is the land actively generating crop? If yes, then you are eligible to apply for a loan through the Kisan Gold Card. Thank you for your interest in HDFC Bank's Retail Agri Loans. Kindly fill out this form so that our Relationship Manager can get in touch with you.

Do you want to know about our Tractor Loans in detail? (http://www.hdfcbank.com/personal/product/productdetails/tractorloans/gts8mipv)

Do you want to upgrade your farming vehicle but are short of funds? Are you looking for tractor loans that can give you maximum funding at great rates of interest? Choose HDFC Bank's Tractor Loan to fulfill your agricultural needs.

Tractor Brand: Were you thinking of buying a tractor for getting better yields of crop? Go right ahead. As far as your chosen tractor is made by any reputed tractor manufacturer in India, it will be eligible for a loan. Loan amount: Are you looking to maximize funding options for your tractor purchase? You can get as much as 90% finance on your favourite tractor through this loan. Repayment: Pay back your loans within a period of 12 to 84 months. You can use post dated cheques (PDC) or cash collection as preferred repayment methods. Quick processing: We are known for our speedy processing times and hassle free documentation. Tractor Plus: You can get finance on the first year or combined finance on the first, second and third year along with motor insurance premium with Credit Shield. What is "Credit Shield" you ask? It means that we will cover the insurance for accidental death or permanent total disability of the customer along with amount equivalent to the outstanding in loan account. Get in touch with us to know more about this scheme NOW!

What are the eligibility criteria for securing a Tractor loan?

Both farmers and non-farmers can apply for this loan. Their eligibility criteria are as follows:
FARMER

NON FARMER

Minimum age of the applicant should be 18 years Maximum age of the applicant should be 60 years on the date of funding

Minimum age of the applicant should be 18 years Maximum age of the applicant should be 60 years on the date of funding

Income should not be less than Rs. 1.50 lakh per annum Minimum 3 acres of agricultural land required

Income should not be less than Rs. 1.50 lakh per annum A Telephone (Owned / PP Land line or Mobile) is mandatory

The documents required for getting a Tractor Loan are as follows:

FARMER

NON FARMER Proof of Identity: Passport Copy / PAN card/ Voter's ID / Driving licence / Photocopy of the bank pass book front page giving name , address photograph of the customer attested by the bank / photo of customer attested by the banker on a separate paper.

Proof of Identity: Passport Copy / PAN card/ Voter's ID / Driving licence / Self affidavit with photograph of customer and signature across duly notarised / Photocopy of the bank pass book front page giving name, address photograph of the customer attested by the bank / photo of customer attested by the banker on a separate paper. Latest Land Records: They should not be more than 3 months old.

Bank statements: Bank statements of last 6 months, a copy of repayment track for vehicle (not older than 1 year) , income papers i.e. IT returns / Contract papers ,copy of work/transport contracts, if any, are required.

Address Proof: Copy of land extracts / ration card / Akarni Patrak / Property card / tax receipt /Talati or Patwari or VAO certificate certifying that the applicant is a resident of the village is required.

Address Proof: Electricity bill / municipal tax receipt / Society bill / Agreement Copy / telephone bill will suffice.

Signature Proof: Copy of driving licence / Copy of PAN card / self affidavit with photograph of customer and signature across duly notarised / Present Banker verification Bank statement for last 6 months if available

Signature Proof: Copy of driving licence / Copy of PAN card / Present Banker verification. A certified true copy of partnership deed / Memorandum & articles of association will be required in case of partnership firms and limited

companies respectively.

What are the fees and charges applicable for the Tractor Loan?
Here is an exhaustive list of all the fees and charges to be paid for the Tractor loan:
Description of charges Pre-payment Charges Stamp Duty Late Payment Penalty Processing fees Cheque swapping charges Loan cancellation / re-booking charges Loan re-schedulement for part payment Bounce Cheque Charges Duplicate Repayment Schedule charges Legal, Repossession & Incidental charges Duplicate no due certificate / NOC Transaction Fee for Tractor Plus Documentation Charges ( For Agri Mortgage Cases) CIBIL Charges (only on request) Special NOC Charges Tractor Loans 4% if before 12 months from date of disbursement 2 % if after 12 months from the date of disbursement At actuals 2% per month on unpaid instalments 2% of Loan amount Rs. 500/- per swap per instance Rs. 1000/-

3% on the Amount paid towards principal Loan Rs. 450 /- per instrument per instance Rs. 500/-

At actuals Rs. 250/Rs. 500 per case Rs. 1500/Rs. 50/Rs. 500/-

Have questions?

Is a guarantor required?
You will require a guarantor in all cases except certain segments where you have offered agricultural land as additional collateral.

Can I get a tractor loan for any tractor I want to purchase?

If your tractor is made by a leading automobile manufacturer in India, you can get a loan.

Who is eligible for a tractor loan?

Whether you are a farmer or not, you can avail HDFC Bank's Tractor loan for agricultural or commercial purposes. If you are a farmer, you must have a minimum of 3 acres of agricultural land. To know about the eligibility criteria in detail, click here.

What is the maximum loan amount I can take on a Tractor Loan?

You can borrow up to 90%, subject to credit underwriting standards of the bank.

What are the different modes of loan repayment?

Customer has option of Monthly, Bi-monthly, Quarterly & Haly yearly repayment options, depending on customer segment and product variant

UCO Bank Slashes Agriculture & MSME Loans interest rates (Starting from 11.50% onwards)
Revised Interest rates on Agriculture & MSME Loans up to Rs.1Cr
The following interest rate shall apply to loans sanctioned/renewed on or after 1st May 2012 (A) Agriculture Advances for Non Interest Subvention loans- up to Rs.1Cr Base Rate wef 1/5/12 10.50% 10.50% Spread over Base Rate 1.00% 2.00%

Final Rate

1 2

Up to Rs.25lakhs More than Rs.25lakhs and up to Rs.1Cr

11.50% 12.50%

Note: The above interest rate is irrespective of tenor of the loan.

Base Rate (B) Micro & Small Enterprises up to Rs.1Cr wef 1.5.2012 10.50% 10.50%

Spread over Base Rate 1.00% 2.00%

Final Rate

1 2

Up to Rs.25lakhs >Rs.25lakhs and up to Rs.1Cr CGTMSE Cover is mandatory

11.50% 12.50%

Loans & Advances to Micro, Small, Medium Enterprises & Agriculture more than Rs.1Cr Micro, Small, Medium Enterprises & Agriculture LoansFor Loans above Rs.1Cr Internal Rating A++ A+ A B+ 10.50% 10.50% 10.50% 10.50%

Base Rate

Spread over Base Rate

Final Rate

Spread over Base Rate

Final Rate w.e.f 24.09.12

Tenor up to 3 years 1.75% 2.00% 2.00% 2.50% 12.25% 12.50% 12.50% 13.00%

Tenor >3 years 2.25% 2.50% 2.50% 3.00% 12.75% 13.00% 13.00% 13.50%

Below B+

10.50%

3.00%

13.50%

3.50%

14.00%

Note:For MSME loans ,first three rating grades awarded by approved SME Credit Rating Agencies (like SMERA, CRISIL, FITCH, ICRA, ONICRA) shall be eligible for additional reduction in rate of interest by 0.25%p.a.