Banks of India » Agriculture Loans http://multibanks.in/Banks-of-India Banks of India, Loans, Mortgages, Money Mon, 07 Jun 2010 07:41:13 +0000 http://wordpress.org/?v=2.9 en hourly 1 bank of Maharashtra-Credit Facilities http://multibanks.in/Banks-of-India/bank-of-maharashtra-credit-facilities/ http://multibanks.in/Banks-of-India/bank-of-maharashtra-credit-facilities/#comments Sat, 06 Sep 2008 16:49:53 +0000 admin http://multibanks.in/Banks-of-India/?p=170 Term Loans, Overdrafts, Letters of Credit, Guarantees and many more such products are included in the credit basket. Recognising individual customer needs Bank Of Maharashtra has identified Customer segments.
For the individual we have finance schemes that translate your dreams into reality.
Educational Loans
 For Agriculturists For Corporates
For Entrepreneurs For Exporters For Indiviuals
For Professionals Housing Finance Scheme Mahabank Adhar Scheme
Mahabank Consumer Loan Scheme Mahabank Gold Card SchemeFor Exporters Mahabank Renewable Energy Equipments
Mahabank Realty Finance Mahabank Salary Gain Scheme

 Mahabank Vehicle Loan Scheme
Personal loans SME Charter Declaration
Mahadeep Solar Home Systems

source/More information:http://www.bankofmaharashtra.in/credit_fac.asp

Related Articles

]]> http://multibanks.in/Banks-of-India/bank-of-maharashtra-credit-facilities/feed/ 0 andhra bank- Agriculture Loans http://multibanks.in/Banks-of-India/andhra-bank-agriculture-loans/ http://multibanks.in/Banks-of-India/andhra-bank-agriculture-loans/#comments Sat, 06 Sep 2008 05:40:48 +0000 admin http://multibanks.in/Banks-of-India/?p=132
A modern European farm tractor
Image via Wikipedia
  • Objective


    To finance for tractors to improve farm mechanization.

  • Eligibility


    Farmers having 3 acres of perennially irrigated (owned) or 6 acres of dry land (owned)

  • Quantum of finance


    Up to unit cost of the tractor

  • Margin


    15% of the unit cost

  • Repayment


    9 yearly or 18 half yearly installments linked to harvesting season.

  • Collateral Security

    • Up to Rs.3,50,000/- , no collateral security.
    • Above Rs.5, 00,000/-: Collateral security in the form of mortgage of land/charge creation under state laws
  • Rate of interest


    (BMPLR – Spread + Term Premia) (12.25% – 1.25 % + 0.25 %) = 11.25 %

    Our Bank entered into MOU with Eicher, Mahindra and Mahindra, Bajaj Tempo Ltd and TAFE tractor companies, New Holland for financing tractors
Reblog this post [with Zemanta]

Related Articles

]]> http://multibanks.in/Banks-of-India/andhra-bank-agriculture-loans/feed/ 0