Objective
Term loans are sanctioned for Agri., Agri-allied & Non Agri. purposes other than crop loan.
Limit
Refinance is sanctioned under NABARD investment credit policy. NABARD issues policy circular for every financial year. 1. NABARD Policy for the year 2023-24 No.164 dated 31 July 2023. 2. NABARD Policy for providing Investment Credit under Long Term Rural Credit Fund for 2023-24 No.246 dated 24 November 2023.
Security
Pronotes of PACS endorsed by DCCB in favour of MStCB.
Period
More than 3 years
Rate of Interest
As per prevailing interest rates