ESAF KISAN SAMPADA
Purpose
- A wide range of facilities under ESAF Kisan Sampada to support agro and food processing industries by financing processing units, machinery, and working capital needs, promoting value addition and profitability.
Salient Features
- Fastrack processing
- Flexible repayment options
- Simplified Documentation
- Attractive Interest Rates
- Loan amount starting from Rs.51000 upto Rs.20 Crores
- Government Convergence- Avail Credit guarantee and other government schemes (PMFME)
Facilities offered
- Working capital
- Bill Discounting
- Working Capital Term Loan
- Term Loan
Loan Tenure
- 1 to 7 Years
Who can apply
- From Individuals to Companies (proprietorship/partnership/ LLP/ private & Public ltd company) in
Agro/ Food Processing & Manufacturing Units in Rice, Oil, Grains, Fruits, Fish, Dairy, Allied
Agriculture, Agri Startups, Bakery, FPOs, etc..
Documents to be produced
- ID and Address Proof
- GST Returns.
- Bank Statement (latest 6 months)
- Last 2 Years ITRs (computation of income), Audited Balance Sheet and Profit & Loss a/c, if applicable
Interest Rates
- Repo + Spread
Charges
| Sl. NO | Items | Charges |
|---|---|---|
| 1 | Processing Fee | Processing Fee for fresh sanction: 1% + GST Renewal PF: 0.5% +GST |
| 2 | Document Fee | Nil |
| 3 | Legal Evaluation Fee | As per approved chart / Actuals |
| 4 | Technical Evaluation fee | As per approved chart / Actuals |
| 5 | Stamp Duty | As per State Norm. |
| 6 | Late payment Fee (Penal charges) Running Limit |
|
| 7 | Late payment Fee (Penal Charges) TL -Installment |
|
| 8 | Pre-Closure Charges | WC - 4% TL – 4% (within a year) & 2% for more than 12 months |
| 9 | Pre – Payment Charges | Nil |
| 10 | Penalty for cheque bounce /Enach/ SI | INR 500 per Instance |
| 11 | NACH / Cheque / Bank Account Swap Charges | INR 500 per Instance |
