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Home > Rural / Agricultural Banking > Loan >Seed Processing Unit
Seed Processing Unit
Financing to Seed Processing Units

The salient features of the scheme are as under -

Working Capital Assessment :

The enhancement in the limits of the parties will be considered on merits, who have performed well in the current season and has broadly fulfilled other guidelines of the scheme.

Where the parties are engaged in seed processing activities in both Rabi & Kharif crops, the limits to such seed processing units may be suitably sanctioned for a period of 12 months instead of bifurcating the same for peak & non-peak period for one crop. However the MBPF shall be assessed on the basis of peak level requirements.

In case of the parties engaged in the activities of rice milling & seed processing (both) the assessments for rice mills and seed units will be made separately and separate limits thereof shall be fixed.

Rate of Interest (For working capital and fresh term loan facilities) :

The existing as well as the proposed rate of interest for the activity is given below :

Agg. Marks Credit Rating Existing Rate of Intt. New Rate of Intt. w.e.f.01.04.2013
95 – 100 RA++ Base rate +0.50%
with monthly rest.
Base rate +0.50%
with monthly rest.
91 – 94 RA+
86 – 90 RA
76 – 85 RB++
66 – 75 RB+ Base rate+1.00%
with monthly rest
Base rate+1.00%
with monthly rest
56 – 65 RB
55 & less RC * Base rate +3.00%
with monthly rest
Base rate +2.00%
with monthly rest

* fresh advance proposal not to be considered having credit rating of RC or below.

As the seed processing is a seasonal activity and it carries the effects of government policy etc., the financial ratios during peak season/ at the year end may differ from average ratios, thus the prescribed negative scoring applicable to usual commercial and industrial accounts is exempted for the seed units.

The interest rate will be subject to change as per revision in regulatory/banks policy on interest rate structure.

*Note –Scheme is for selected branches only