Agri Direct Finance CASA (OCC & SOD)

Agri Direct Finance CASA is a fund-based (working capital) limit to meet the working capital expenses of farm/unit of firms/entities/companies etc.

  • 12 Months

    Validity (annual renewal)

  • 25% / 33%

    Margin (OCC / SOD)

  • OCC & SOD

    Working capital limits

Features & benefits
  • Covers poultry and other allied activities.
  • Covers units engaged in processing/cleaning/sorting of pulses, rice millers and loans categorized under Food and Agro-processing as per RBI Master Directions.
  • Linked to NABARD cost/SLBC/DLTC scale of finance for agri allied activities and to lending methods based on exposure (including GST sales for last 12 months).
  • Monthly interest application; interest should be serviced whenever applied.
Eligibility and Charges
Limit Validity Valid for 12 months, subject to annual renewal.
Margin 25% (OCC)
33% (SOD)
Processing Fees If sanctioned limit < Rs. 5.00 Crs then PF is 0.60% + GST.
If sanctioned limit > Rs. 5.00 Crs then PF is 0.50% + GST on the sanctioned limit.
Repayment Interest application will be monthly and interest should be serviced whenever it is applied.
Eligibility Proprietorship concern / Individual / HUF having Business Registration, Partnership firm, LLP, Private/Public limited Companies, Societies/Association & Trusts.
Security Coverage SOD – > 150% of sanctioned limit
OCC – > 100% of sanctioned limit.
Interest Rate
Sanctioned limit (Rs. in lakhs) *Interest Slabs (%)
Up to 3 lakhs 1 Yr MCLR + 0.35%
> 3 lakhs - 10 lakhs 1 Yr MCLR + 1.00%
> 10 lakhs – 25 lakhs 1 Yr MCLR + 0.85%
> 25 lakhs 1 Yr MCLR

*Rate of Interest will be changed from time to time as per bank's policy.