Agriculture
Agriculture
Tie-up arrangements / developments in respect to the Agriculture Sector:
- Bank is issuing Dena RuPay KCC Debit cum ATM Card for DKCC holders.
- Bank has entered into tie-up with Collateral Management Agencies like Edelweiss Agri Value Chain Limited, Navjyoti Commodity Management Services Limited for financing to farmers against pledge of warehouse receipt issued by these Collateral Management Agencies.
- Bank has entered into tie-up with International Tractors ltd. (ITL) for Tractor financing.
Rate of Interest for Agriculture Advances:
Sr. No. | Category | Applicable MCLR | Spread | Long Term business strategy premium (LTBSP) | Applicable RoI |
1. | Limits irrespective of Direct / Indirect Agriculture | ||||
1.1 | Upto Rs. 3.00 lakhs (For Production Credit) | One Year MCLR | 0.00 | 0.00 | One Year MCLR+ Spread+ LTBSP |
1.2 | Upto Rs. 3.00 lakhs (For Investment Credit)* | 0.00 | 0.50 | One Year MCLR+ Spread+ LTBSP | |
1.3 | above Rs. 3.00 lakhs to Rs. 10.00 lakhs | 1.00 | 0.00 | One Year MCLR+ Spread+ LTBSP | |
1.4 | above Rs. 10.00 lakhs to Rs. 1.00 crores | 1.50 | 0.00 | One Year MCLR+ Spread+ LTBSP | |
2. | Dena General Credit Card | 2.00 | 0.00 | One Year MCLR+ Spread+ LTBSP | |
*Here loans payable beyond 3 years. | |||||
For loans above Rs. 1.00 crore, rate of interest will be as per credit rating.
For present MCLR please click here
List of schemes for financing to Agriculture Sector:
Ø Dena Kisan Credit Card
Ø Dena Agriculture Gold Loan Scheme
Ø Dena Kisan Tatkal Scheme
Ø Dena Kisan Gold Credit Scheme
Ø Financing farmers for purchase of Land for Agriculture Purpose
Ø Scheme for financing Pre-Seasonal Harvesting and Transport (H&T) advance to Individual transport operators attached to Sugarcane factory
Ø Scheme for Produce Marketing Loans to farmers against storage of Agricultural Commodities and Bulk financing to Warehouse /Cold Storage /Rural Godowns
Ø Scheme for Running/Maintenance of Cold Storage Units and Storage of seed potatoes & other permissible Agricultural Commodities.
Ø Scheme for financing to units engaged in Grading and Sorting of all Agricultural Commodities
Ø Financing construction of Rural Godowns, Cold Storages, Warehouse
Ø Dairy Plus Scheme for financing through Village level Utpadak Sahakari Mandalies for onward lending to their members for purchasing of Milch Animals.
Ø Financing for purchase of Farm Machineries /Excavator
Ø Dena Shahari Bagwani Yojana
Ø Dena Blue Credit Card
Ø Dena General Credit Card
Ø Dena Krishak Sathi Scheme
Ø Agri-Clinic and Agri Business Scheme
Ø Scheme for financing to Agro Processing Units
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