IDBI Harvesting and Transport Loan

Harvesting and Transport Loan Banner Harvesting and Transport Loan Banner

Harvesting and
transport Loan

Overview

The bank extends financial assistance to individuals, Custom service units (CSU) managed by individuals/institutions / organizations, who maintain Tractors, Trucks, combined threshers, etc., and have entered into an agreement and recommended by sugar units for undertaking the work of Harvesting & Transport of sugarcane.

Who is eligible for the Loan?

Individuals, Farmers, and Custom service units (CSU) managed by individuals/institutions / organizations, who maintain fleet of Bullock carts, Tractors, Trucks, combined threshers, etc. and have entered into an agreement and recommended by sugar units for undertaking the work of Harvesting & Transport of sugarcane.

Loan Amount

Term Loan - The loan /advance amount per borrower is worked out on the basis of total bill amount estimated by the borrower.

Tenor

Term Loan – 9-12 months.

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