Agriculture Allied Activity Loan

Mandal Nagrik Sahkari Bank Ltd is committed to supporting farmers and rural entrepreneurs in enhancing their agricultural productivity and income. Our Agriculture Allied Activity Loan is designed to provide financial assistance for activities related to agriculture beyond traditional farming, including dairy, poultry, fisheries, horticulture, beekeeping, and other allied sectors.

Key Features:

♦ Loan Purpose: Financing for allied agricultural activities such as dairy farming, poultry farming, fishery projects, sericulture, mushroom cultivation, and other income-generating agriculture-related activities.

♦ Loan Amount: Flexible loan limits depending on the scale and nature of the project.

♦ Interest Rate: Competitive interest rates with options for subsidies under government schemes.

♦ Repayment Tenure: Tailored repayment schedules based on the nature of the activity and cash flow cycles.

♦ Collateral Requirements: Loans may be provided with minimal or no collateral under specific government-backed schemes.

♦ Eligibility: Individuals, farmers’ groups, and cooperative societies engaged in allied agricultural activities.

Benefits:

♦ Promotes diversification of income sources for farmers.

♦ Encourages modern techniques and sustainable practices in allied agriculture.

♦ Access to timely finance to expand and upgrade agricultural operations.