SBI Produce Marketing Loan (PML) For Farmers

The objective of SBI Agriculture Produce Marketing Loan (PML) is to help farmers avoid distress sale of their produce. To offer the facility of loan against the stocks stored in farm houses, in addition to loan against warehouse receipts.

Eligibility for Produce Marketing Loan (PML)

Farmers who have availed crop production loans from the branch or who have availed crop loan from other Bank or who have not availed crop loan from any Bank can avail SBI Agriculture Produce Marketing Loan.

Sanction limit for Produce Marketing Loan (PML)

60 to 80% of values of produce depending upon the place of storage, subject to a maximum limit of Rs.10 lacs.

Margin for Produce Marketing Loan (PML)

Loan sanctioned against goods stored in Farmer’s godown : 40%. Loans sanctioned against Ware House Receipts (WHR): 20% to 35%.

Security for Produce Marketing Loan (PML)

1. Loan sanctioned against goods stored in Farmer’s godown:

Primary: Hypothecation of stocks.
Collateral: Mortgage / Charge over Land or Third Party guarantee for loans above Rs. 50,000/-.

2. Loans sanctioned against Warehouse Receipts (WHR):

Primary: Pledge of stocks.
Collateral: No collateral is required for loans upto the maximum permitted limit of Rs.10 lacs under the scheme.

Repayment of Produce Marketing Loan (PML)

Loan has to be repaid within a maximum period of 12 months.

Insurance for Produce Marketing Loan (PML)

If value of stock exceeds Rs.15000/-, cover for the full value from approved insurance company.

Inspection of Produce Marketing Loan (PML)

Loans upto Rs.25,000/- once in two months and for loans above Rs. 25,000/- monthly.

SBI Agriculture Loan For Tractor Upgradation (Sanjeevani)

SBI Agriculture Loan for Tractor Upgradation (Sanjeevani) provides Finance For Repairs, Maintenance And Addition Of New Implements Etc. (to Tractors) to assist the farmers, who are regular in their repayments for repairs / maintenance of tractor and for purchase of additional implements.

SBI Agriculture Bank Loan For Setting Up Of Agri-Clinic and Agri Business Centres

SBI provides agriculture loan for Setting Up Of Agri-Clinic & Agri Business Centres as the part of self employment opportunities to technically trained persons.

Bank Loan Eligibility For Setting Up Of Agri-Clinic and Agri Business Centres

Persons having technical degree in Agricultural or allied to agriculture like horticulture, animal husbandry, forestry, dairy, veterinary, poultry, pisciculture and other activities. The subsidy would be admissible only in respect of agricultural graduates trained under ACABC scheme on or after 1st April, 2004.

SBI Krishi Kalyan or Farmers Easy Empowered Loan (FEEL)

SBI Agriculture Loan - Farmers Easy Empowered Loan (FEEL): KRISHI KALYAN

Objective of Farmers Easy Empowered Loan (FEEL) or "KRISHI KALYAN" is to provide timely and adequate credit to farmers to meet production and consumption expenses. To reduce the multiple process of separate application, documentation & EM creation for availment of KCC and PML, thereby reduce the time for delivery of credit.

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SBI Agricultural Gold Loan to enable farmers to meet their short-term agricultural credit needs. This is one of the easiest and convenient loan for farmers when they are in emergency needs of fund. An existing account holder can avail this loan within an hour producing land tax receipt along with passbook and gold.