Features

• Convergence with all schemes of central or state government.

• Online single window facility in collaboration with participating lending institutions.

• Project Management Unit to provide handholding support for projects including project preparation.

• Size of the financing facility – ₹ 1 lakh Crore.

• Credit Guarantee for loans up to ₹ 2 Crore.

• Interest subvention of 3% p.a., limited to ₹ 2 crore per project in one location, though loan amount can be higher.

• Cap on lending rate, so that benefit of interest subsidy reaches the beneficiary and services to farmers remain affordable.

• Multiple lending institutions including Commercial Banks, Cooperative Banks, RRBs, Small Finance Banks, NCDC, NBFCs etc.

• One eligible entity puts up projects in different locations then all such projects will be eligible under the scheme for loan upto ₹ 2 crore.

• For a private sector entity, such as farmer, agri entrepreneur, start-up there will be a limit of maximum of 25 such projects.

• Limitation of 25 projects will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs and federation of SHGs.

•

Location mean physical boundary of a village or town having a distinct LGD (Local Government Directory) code.

• Each of such project should be in a location having a separate LGD (Local Government Directory) Code.

• APMCs will be eligible for multiple projects (of different infrastructure types) within their designated market area.

• Interest subvention will be available for a maximum period of 7 years.

• Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.

• Disbursement will complete in six years from 2020-21.

• Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy.

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Agriculture Infrastructure Fund Features AIF

Agriculture Infrastructure Fund (A.I.F)

Features

• Convergence with all schemes of central or state government.

• Online single window facility in collaboration with participating lending institutions.

• Project Management Unit to provide handholding support for projects including project preparation.

• Size of the financing facility – ₹ 1 lakh Crore.

• Credit Guarantee for loans up to ₹ 2 Crore.

• Interest subvention of 3% p.a., limited to ₹ 2 crore per project in one location, though loan amount can be higher.

• Cap on lending rate, so that benefit of interest subsidy reaches the beneficiary and services to farmers remain affordable.

• Multiple lending institutions including Commercial Banks, Cooperative Banks, RRBs, Small Finance Banks, NCDC, NBFCs etc.

• One eligible entity puts up projects in different locations then all such projects will be eligible under the scheme for loan upto ₹ 2 crore.

• For a private sector entity, such as farmer, agri entrepreneur, start-up there will be a limit of maximum of 25 such projects.

• Limitation of 25 projects will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs and federation of SHGs.

•

• Each of such project should be in a location having a separate LGD (Local Government Directory) Code.

• APMCs will be eligible for multiple projects (of different infrastructure types) within their designated market area.

• Interest subvention will be available for a maximum period of 7 years.

• Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.

• Disbursement will complete in six years from 2020-21.

• Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy.

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Agriculture Infrastructure Fund Features AIF

Agriculture Infrastructure Fund (A.I.F)

Features

• Convergence with all schemes of central or state government.

• Online single window facility in collaboration with participating lending institutions.

• Project Management Unit to provide handholding support for projects including project preparation.

• Size of the financing facility – ₹ 1 lakh Crore.

• Credit Guarantee for loans up to ₹ 2 Crore.

• Interest subvention of 3% p.a., limited to ₹ 2 crore per project in one location, though loan amount can be higher.

• Cap on lending rate, so that benefit of interest subsidy reaches the beneficiary and services to farmers remain affordable.

• Multiple lending institutions including Commercial Banks, Cooperative Banks, RRBs, Small Finance Banks, NCDC, NBFCs etc.

• One eligible entity puts up projects in different locations then all such projects will be eligible under the scheme for loan upto ₹ 2 crore.

• For a private sector entity, such as farmer, agri entrepreneur, start-up there will be a limit of maximum of 25 such projects.

• Limitation of 25 projects will not be applicable to state agencies, national and state federations of cooperatives, federations of FPOs and federation of SHGs.

•

• Each of such project should be in a location having a separate LGD (Local Government Directory) Code.

• APMCs will be eligible for multiple projects (of different infrastructure types) within their designated market area.

• Interest subvention will be available for a maximum period of 7 years.

• Moratorium for repayment under this financing facility may vary subject to minimum of 6 months and maximum of 2 years.

• Disbursement will complete in six years from 2020-21.• Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy.

Comments

Post a Comment

• Disbursement will complete in six years from 2020-21.

• Need based refinance support will be made available by NABARD to all eligible lending entities including cooperative banks and RRBs as per its policy.