Hypothecation

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

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

Cash Credit In Banking System

Cash Credit
Cash credit is a flexible system of lending under which the borrower has the option to withdraw the funds as and when required and to the extent of his needs. Under this arrangement the banker specifies a limit of loan for the customer (known as cash credit limit) up to which the customer is allowed to draw.