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SCHEME FOR FINANCING SETTING UP OF AGRI-CLINICS/ AGRI-BUSINESS
What is Agri-clinics/Agri-business?

Agri-clinics or Agri-business are envisaged to provide expert services and advice to farmers on cropping practices, technology dissemination, crop protection from pests and diseases, market trends and prices of various crops in the market and also clinical services for animal health etc. which would enhance productivity of crops/animals.
For the development of Agri-business/Agri-clinic, finance set up scheme is available only for the below given model projects
  • Soil, Water Quality and Input Testing Laboratory Service Centre.
  • Plant Protection Service Centre.
  • Vermi-composting Unit
  • Horticulture Clinic and Business Centre.
  • Agro service Centre - Farm Machinery.
  • Agro service Centre- Farm Machinery and Primary Processing.
  • Private Veterinary Clinic.
  • Private Veterinary Clinic with Retail Outlet for Feed and Medicine.
  • Private Veterinary Clinic with Small Dairy Unit.
  • Private Artificial Insemination Centre.
  • Eco-hatchery for Carp Seed Production and Extension Services.
Purpose:-

To provide finance to set up Agri-clinics/Agri-business centres as 

  • Agri-clinics are to provide expert services and advice to farmers on agriculture and clinical services for animal health.
  • Agri-business centres are to provide input supply and farm equipments on hire to farmers. 
Eligibility:-
As per the scheme, only agricultural graduates or graduates in subjects allied to agriculture like Horticulture, Animal Husbandry, Forestry, Dairy, Veterinary, Poultry Farming, Pisciculture and other allied activities are eligible for this finance.
Quantum of loan:-
As per the scheme, 10 lakhs are available to individuals and 50 lakhs are provided to a group of five members.
Margin:-
Up to Rs.5,00,000/- - Nil

ABOVE RS.5,00, 000/- -10-15%

Security:-
Up to Rs.5,00,000/ - No mortgage

Above Rs.5,00,000 - Mortgage of property and/or third party guarantee

Rate of Interest And Processing charges:-
Please click here to know our latest interest rates
Repayment Period:-
The repayment period is from 5 to 10 years depending on the activity including a grace period of 2 years.
Insurance:-
All movables of the unit will be insured as per norms. Insurance of poultry birds is optional. The poultry borrower can contribute towards a separate risk fund in lieu with insurance .
LIST OF DOCUMENTS
For loans upto Rs.5,00,000/- -- Hypothecation of vehicle/accessories, DPN.
For loans over Rs.5,00,000/- -- Mortgage of land, &/or third party guarantee in addition to above.

To download the application form, please click here

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