Agriculture

Tie-up arrangements / developments in respect to the Agriculture Sector:

  1. Bank is issuing Dena RuPay KCC Debit cum ATM Card for DKCC holders.

  2. Bank has entered into tie-up with Collateral Management Agencies like Edelweiss Agri Value Chain Limited, Navjyoti Commodity Management Services Limited for financing to farmers against pledge of warehouse receipt issued by these Collateral Management Agencies.

  3. Bank has entered into tie-up with International Tractors ltd. (ITL) for Tractor financing.


Rate of Interest for Agriculture Advances:

Sr. No.

Category

Applicable MCLR

Spread

Long Term business strategy premium (LTBSP)

Applicable RoI

1.

Limits irrespective of Direct / Indirect Agriculture

1.1

Upto Rs. 3.00 lakhs

(For Production Credit)

One Year MCLR

0.00

0.00

One Year MCLR+ Spread+ LTBSP

1.2

Upto Rs. 3.00 lakhs

(For Investment Credit)*

0.00

0.50

One Year MCLR+ Spread+ LTBSP

1.3

above Rs. 3.00 lakhs to  Rs. 10.00 lakhs

1.00

0.00

One Year MCLR+ Spread+ LTBSP

1.4

above Rs. 10.00 lakhs to Rs. 1.00 crores

1.50

0.00

One Year MCLR+ Spread+ LTBSP

2.

Dena General Credit Card

2.00

0.00

One Year MCLR+ Spread+ LTBSP

*Here loans payable beyond 3 years.

For loans above Rs. 1.00 crore, rate of interest will be as per credit rating.

For present MCLR please click here

List of schemes for financing to Agriculture Sector:

Ø  Dena Kisan Credit Card
Ø  Dena Agriculture Gold Loan Scheme
Ø  Dena Kisan Tatkal Scheme
Ø  Dena Kisan Gold Credit Scheme
Ø  Financing farmers for purchase of Land for Agriculture Purpose
Ø  Scheme for financing Pre-Seasonal Harvesting and Transport  (H&T) advance to Individual transport operators attached to Sugarcane factory
Ø  Scheme for Produce Marketing Loans to farmers against storage of Agricultural Commodities and Bulk financing to Warehouse /Cold Storage /Rural Godowns
Ø  Scheme for Running/Maintenance of Cold Storage Units and Storage of seed potatoes & other permissible Agricultural Commodities.
Ø  Scheme for financing to units engaged in Grading and Sorting of all Agricultural Commodities
Ø  Financing construction of Rural Godowns, Cold Storages, Warehouse
Ø  Dairy Plus Scheme for financing through Village level Utpadak Sahakari Mandalies for onward lending to their members for purchasing of Milch Animals.
Ø  Financing for purchase of Farm Machineries /Excavator
Ø Dena Shahari Bagwani Yojana
Ø Dena Blue Credit Card
Ø Dena General Credit Card
Ø Dena Krishak Sathi Scheme
Ø Agri-Clinic and Agri Business Scheme
Ø Scheme for financing to Agro Processing Units