Kisan Shakti Loan

Kisan Shakti is finance to large farmers having additional source income from non-farm activities for various activities viz. Land Levelling fencing, soil reclamation, bunding, deepening of Open-well and ringing, repairing or replacement of irrigation system like: bore well, pipeline, drip, deepening of irrigation channel, repair and maintenance of farm implement and machinery, plough, tractor, seed-drill, harvester, thresher etc. and domestic consumption needs.

Target Segment:  Large farmers having additional source of income

Purpose:  To meet working capital, farm development, domestic and consumption requirement of farmers.

Type of facilities: Cash credit, Overdraft, Drop line overdraft, Term loan or as per applicant’s requirement and eligibility.

Security:

1. Primary: Hypothecation of assets created  out of bank finance
2. Collateral- Mortgage of agricultural land/urban property or liquid security