Farmer Producer Organization/Company (FPO/FPC)


Depending upon activities of FPOs the applications may be considered under the scheme which are related to agriculture and allied activities.


Registered Farmer Producer Companies fulfilling eligibility criteria as defined in Section-IXA of the Indian Companies Act, 1956 (including any amendments thereto or re-enactment thereof) and incorporated with the Registrar of Companies (RoC).

Quantum of finance

1) SFAC Scheme for FPC - Maximum upto Rs.1.00 crores.

2) SFAC/NABARD/ NCDC Scheme for FPO– Maximum upto Rs.2.00 crores.


Primary Security:

Hypothecation / Mortgage of Assets created out of bank finance.The facilities shall be secured by way of first charge on assets created out of bank finance.

Collateral Security:

Not applicable. Guarantee cover from SFAC/NABARD/NCDC is available.


Term Loan – Minimum 15 %

Working Capital: Stocks – Minimum 15%.

Book Debts – Minimum 40%. (Cover period – Maximum 90 days)


Term Loan:

Repayable within 3 to 7 years period (including the moratorium period of maximum 12 months) depending upon the purpose of investment, economic life of assets and cash flow of the activity

Working Capital:

Repayable on demand. To be reviewed/ renewed annually.

Rate of interest

Interest Rates as decided by the Bank from time to time.