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PRADHAN MANTRI MUDRA YOJNA (PMMY)-ALLIED AGRI
PRADHAN MANTRI MUDRA YOJNA (PMMY)-ALLIED AGRI
- Features
- Eligibility Criteria
- Documents Required
- FAQs
Purpose:
To create employment and generate income for livelihood to enhance the standard of living of people.
Features
- Type of Facility:
- Minimum - Rs. 1.00/-
- Maximum - Rs.10.00 lakhs
- Drop-Line Overdraft (DOD)
- Quantum of Loan :
Project Cost (A)
Less Margin (B)
Bank Loan (A-B) - Margin:
- Up to Rs. 50,000/-: NIL
- Rs. 50,000 to Rs.10 lakhs: 10%.
- Moratorium: Based on the type of activity.
- Security:
- Primary: Hypothecation of assets created out of the Bank Loan.
- Collateral: No collateral to be obtained for all loans up to Rs.10 lakhs.
- Interest Subvention: Not Applicable
- Repayment: Based on the type of activity
- Activities covered:
- Dairy
- Fishery
- Sheep rearing
- Goat rearing
- Pig rearing
- Poultry
- Sericulture
- Beekeeping
- Mushroom Cultivation
Eligibility
- Individuals, sole proprietorship/partnership firms except Corporate Bodies, Institutions, SHGs, JLGs engaged in Agriculture Allied activity.
Documents Required
- Duly filled in application form
- Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card/Driving License etc.
- Any other document as per sanction.
- Interest Rate: One-Year MCLR+2.75%.
- Processing charges:
- Up to Rs.50,000/- : NIL
- Rs.50,000- Rs.10 lakhs: 0.35% of loan amount + GST.
Only Key FAQs.
What is the objective of PMMY-ALLIED AGRI?
To generate income and create employment and to support Agri GDP growth.
For more details, please visit nearest SBI Branch.
Last Updated On : Friday, 23-08-2024
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
View All
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
View All
7.00%
2 years to less than 3year
6.50%
5 years and up to 10years
View All
SEE PRODUCTS
Allied Activities
Limited Time Offers - Unlimited Joy
Pradhan Mantri Mudra Yojna (PMMY)-Allied Agri
Pradhan Mantri Mudra Yojna (PMMY)-Allied Agri
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
View All
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
View All
7.00%
2 years to less than 3year
6.50%
5 years and up to 10years
View All
SEE PRODUCTS
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