Agri Infrastructure Fund

Loans to MSME units or other business units for business activity

Purpose

The scheme will facilitate setting up and modernization of key elements of the value chain including

  • Post-Harvest Management Projects 
    • Supply chain services including e-marketing platforms
    • Warehouse & Silos 
    • Cold Stores and Cold Chain 
    • Packaging Units 
    • Assaying Units 
    • Sorting and grading units 
    • Logistic Facilities- Reefer Van & Insulated vehicles 
    • Ripening Chambers 
    • Farm residue/waste management infrastructures 
    • Primary Processing activities
    • Integrated primary and secondary processing activities
  • Viable Farming Assets
    • Organic inputs production – Vermicomposting etc. 
    • Compressed Biogas (CBG) Plant 
    • Bio stimulant production units

This is inclusive list only. For specific project, please refer scheme guidelines

Type of Facility: Term Loan

Eligibility

Bank will decide criteria for selection of eligible borrower in consultation with NABARD and monitoring committees, PMUs and keeping in mind the viability of the projects and to avoid NPA.

Limit
  • 75% of the Total Project Cost
Repayment
  • Repayment of loan in a maximum period of 7 years
Interest Rate
  • 9.00% p.a.
Security
  • As per Bank's Policy

MGB
Mobile Banking

MGB Mobile Banking offers secure, easy access to bank accounts and services anytime, anywhere.

MGB
SMS Alert

MGB Mobile Banking provides SMS alerts to keep you updated on your account activities.

Know More about sms alert

MGB
EMail Alert

MGB Mobile Banking offers email alerts to help you stay informed about your account activity.

Know More about email alert
Mobile Banking