farm equipment loan -Letzbank - PowerPoint PPT Presentation

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Title: farm equipment loan -Letzbank


1
Farm Equipment Loan
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Definition of Farm equipment loan
  • An agricultural cooperative, also known as
    a farmers' co-op, is a cooperative where farmers p
    ool their resources in certain areas of activity.
    A broad typology of agricultural cooperatives
    distinguishes between agricultural service
    cooperatives, which provide various services to
    their individually farming members,
    and agricultural production cooperatives, where
    production resources (land, machinery) are pooled
    and members farm jointly.

3
Farm equipment loan _at_ lowest interest rate Apply
at LetzBank
4
Eligibility for farm equipment Loans
Photo Identity Proof Any One from the
following Passport Pan Card Voters ID
Card Drivnig License Residence Address Proof
Any One from the following Passport Ration
Card Residence Ownership Proof Any One from the
following Property Documents Maintenance
Bill Electricity Bill
5
FAQS
  • Who can avail of Agri Loans Farmers, Orchard
    Owners, Dairy Owners , Horticulturists
  • Partnership Firms Private Ltd. Companies in
    Agri-Value Addition Segments like Food Processing
  • How much finance can I avail of ?You can borrow
    up to 70 75 of your planned investment in
    Agri-Assets depending upon credit assessment.
  • What are the tenure options? Agri- loans range
    from a minimum of 6 months up to a maximum of 7
    years.
  • How long will it take to process the loan ? Loans
    are processed within 7-12 working days of
    completing full documentation.
  • Do I need a guarantor ? Yes a guarantor is
    essential and depending upon the applicant
    guarantor would be
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