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Objective
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Term loans are sanctioned for Agri.,gri-allied & Non Agri. purposes other than crop
loan.
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Limit
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Refinance is sanctioned under NABARD policy. NABARD issues policy circular for every
financial year. 1. NABARD Policy for the year 2015-16 No.256 dated 22 April 2015.
2. NABARD Policy for providing Investment Credit under Long Term Rural Credit Fund
for 2015-16 No.23 dated 22 June 2015.
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Security
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Pronotes of PACS endorsed by DCCB in favour of MStCB.
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Period
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More than 3 Years
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Rate of Interest
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Prevailing.
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