Agriculture and livestock activities under the farming sector are the areas that form the backbone of the economy of India and thus, require special attention. Bandhan Bank, with its network of over 2000 locations spread over 22 states in India, is committed to provide that much required attention to the farming community through its offerings. A relatively new bank that has its headquarters in Kolkata, Bandhan Bank started with a capital base of INR 2570 crore and hopes to attain a goal of INR 3052 crores in the near future. It’s Agri Allied scheme can aid anyone aiming to invest in quality livestock, plant or warehouse, by providing Term Loans and Working Capital Loans to set up plants and farms.
The farming community is integral to the economy of India and to the physical well-being of every Indian who consumes the produce of this nation. Bandhan Bank Agri Allied is a feature which can be used by farmers to support their activities dealing with animal produce. It can be used to cover expenses related to production, contingencies and practically anything else which could prove to be a stumbling block pertaining to the care and growth of the livestock, poultry or riverine food. Designed to offer credit facilities to farmers, this offering covers animal produce processes and ancillary activities, giving farmers more opportunity to focus on their livelihood.
Individuals seeking to avail the benefits of Bandhan Bank Agri Allied offering must be satisfying the following basic eligibility criteria
Some of the major features and benefits of this credit scheme are mentioned below.
Individuals who wish to avail credit under this scheme are expected to furnish the following documents.
The bank can ask for additional documents as per its discretion, depending on the borrower and other conditions.
Note – The interest rate is subject to change at the discretion of Bandhan Bank without prior intimation and individuals should check it before applying.