Global Bank plans to focus to cater the rural and semi urban farmers, who have creditworthy plans, zeal, and candid attitude and lack sufficient capital to materialize their dream. The Bank shall provide an easy excess of financing to cultivate different seasonal crops including livestock financing, fishery, poultry farming, sericulture, floriculture and horticulture etc.
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Global IME Krishi Karja
Global Bank plans to focus to cater the rural and semi urban farmers, who have creditworthy plans, zeal, and candid attitude and lack sufficient capit
Features
Competitive premium rates
Flexible Repayment Schedule: Monthly (EMI) or quarterly (EQI) basis or quarterly interest payment.
Tenor: Maximum up to 5 years for installment basis and 1 year for revolving nature.
Fast approval process
Facility available in all branches
Counseling to help better financing by our Relationship Managers throughout the process
Eligibility
- Micro and Small farmers on individual basis or through their associations/cooperatives.
- Firms, companies involved in raising crops including, goat farming, dairying, fishery, piggery, poultry, bee-keeping, sericulture, floriculture, horticulture, herb, ayurvedic and medicinal crops/products etc.
- Stockiest of food grains located throughout the country.
- Wholesaler, importer, dealer, stockiest of fertilizer, pesticides, seeds etc.
- Entrepreneurs engaged in providing warehousing and cold storage facilities.
Documents required
Identification
- Photocopy of citizenship certificate of applicant and guarantor(s).
- Passport size photographs of applicant and guarantor(s).
- Family details of borrowers and guarantor(s).
Others
- Loan Application Form duly filled and signed in the prescribed standard format of the bank.
- Location map of the resident and business premises including site visit report by BM/RM.
- Original copy of Land ownership certificate (Lalpurza) and four boundary certifications from the concerned office.
- Multiple banking declarations.
- Photocopy of Firm Registration if applicable.
- MOA/AOA, if companies.
- Other documents stipulated by the Bank from time to time.
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