Farm Loan

Rajashree Shahu Multistate Bank

Agri Allied Business Loan

A farmer may use agricultural loans to finance seasonal farming operations or allied ventures like raising livestock, cultivating fish, or buying land or farm equipment. This kind of loan also aids in the purchase of inputs like seeds, pesticides, and fertilizers.

Compare the lowest interest rates in India for agricultural loans.

10 per cent to 15.33 per cent annually At the moment of pay-out, no more than 2 per cent of the punishment limit. 8.70 per cent p.a. and up (Cent Kisan Tatkal Scheme), Central Bank of India. Nil up to Rs. 25,000.

Required Document

Aadhaar Card Xerox
Voting Card Xerox
PAN Card Xerox
Light Bill Xerox
Ration Card Xerox
Photo 4
Savings Account Bank Statement for 6 months
2 stamps of Rs.100 each
Bank Passbook Xerox (Nationalized Bank)
100 rupees notarized without putting a check on the stamp

Guarantor 2

Aadhaar Card Xerox
Voting Card Xerox
PAN Card Xerox
Light Bill Xerox
Ration Card Xerox
Photo 4
Bank Passbook of one Guarantor (Xerox Nationalized Bank)
2 checks of one guarantor 100 stamps of one guarantor
Notarized without putting a stamp cheque
LIC Policy

Note :- Borrower and both guarantors must have membership and income proofs of the organization

10% reduction in loan amount
Interest Rate :- 15 %
Rate of interest on arrears :- 2 %

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Inspired by the thoughts and work of Chhatrapati Rajarshi Shahu Maharaj, Bhausaheb Shelke, who was working in a specific field like the teaching profession, changed his direction after retirement.