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Cold Storage
  • To maintain the quality and extend the shelf life of fruits/ vegetables/ perishable agricultural products and to reduce losses after harvest. 
  • To provide farmers an opportunity to realize better price for their produce.

Purpose –

  • Construction of storage chambers alongwith concrete racks & staircases.
  • Installation of machineries/ plant required for running cold storage unit.   

Eligibility Individuals, group of individuals, co-operative societies, proprietary/ partnership concerns and joint sector companies in public or private sector.
Quantum of finance As per Project Cost
  • For limits upto Rs.1.00 lakh –
    1. Hypo. of assets created out of bank finance
  • For limits over Rs.1.00 lakh -
    1. Hypo. of assets created out of bank finance
    2. Mortgage of property and/or
    3. Third party guarantee of adequate worth.   
Margin 15% to 25% of the project cost
Rate of interest
Interest Rate as decided by the Bank from time to time.

Repayment period upto 9 years is allowed including a grace period of one year.     

Assets created out of Bank finance, assets hypothecated/ mortgaged to the Bank to be fully insured with Bank clause.
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We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new

Notice of EGM - Corrigendum

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MCLR w.e.f. 07.03.2017

Empanelment Of Sarfaesi Valuers

Details of unpaid / unclaimed Dividend

As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.

Base Rate revised to 9.65% w.e.f 30.09.2016

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Cold Storage