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  • IN VIEW OF COVID-19 CRISIS 'EMERGENCY CREDIT LINE GUARANTEE SCHEME' IS AVAILABLE IN OUR BANK FOR MEETING THE ADDITIONAL TERM LOAN/WORKING CAPITAL FACILITY UPTO 20% OF TOTAL OUTSTANDING AS ON FEBRUARY,29,2020 TO ELIGIBLE BUSINESS ENTERPRISES /MSMEs.new

  • Our Chairman & CEO Mr. Dinesh Pant has been elevated to TEG Grade / Scale VII in the rank of General Manager in Bank of Baroda w.e.f. 01.04.2020.new

  • Bank has reduced its MCLR by 30 basic points (bps), now MCLR for one year is 7.85%.new

  • Bank has reduced NRLLR by 75 basic points(bps), now NRLLR is 7.40%.new

  • Bank has launched COVID Emergency Credit Line (NCECL) loan scheme to provide liquidity support to borrowers impacted by COVID-19 pandemic.new

  • Bank has formulated Naini Kissan Credit Card (NKCC) scheme for meeting working capital requirements for animal husbandry and fisheries activities to help the farmers.new

  • Bank has also revised its SEED POLICY for credit facilities to seed processing units for FY-2020-21 wherein interest rate has been linked with CMR rating and collateral coverage.new

  • Mr. Dinesh Pant, Chairman & CEO, Nainital Bank donated his ONE month salary to "PM CARES" for COVID 19 outbreak victims.new

  • Nainital Bank is contributing Rs. 11.00 lakh (Rs. Eleven lakh only) for Chief Minister Relief Fund under CSR for COVID 19 outbreak victims. new

  • Employees of Nainital Bank contributed Rs. 14.20 lakh (Rs. Fourteen lakh twenty thousand only ) for "PM CARES" for COVID 19 outbreak victims.new

  • Bank has opens its 141st Branch at Canal Road, Dehradun .new

  • 97th Annual General Meeting of Nainital Bank held on 20th September 2019, at Nainital
    -Click here for Press Releasenew

  • Launch Of New SB Scheme –Naini Mahila Samrudhi Savings Bank Accountnew
  • Declaration of Result of Online Examination for Recruitment of Officers and Clerks held on August 24 & 25, 2019new

  • Notice for Shareholdersnew

  • Bank sponsored children's football team tournament on 15th August, 2019 where our Chairman & CEO Sh. Dinesh Pant was Chief Guestnew

  • Bank has reduced its interest rates on various Retail products:
    Now Home Loan is available @ 8.40% p.a.
    Car Loan @ 8.80% p.a.
    Education Loan @ 9.60% p.a.
    Personal Loan @ 11.40% p.a.
    Loan to Govt. Contractors @ 9.20% p.a.new

  • Bank celebrated it's 98th foundation day on 31st July, 2019 with gaiety and enthusiasmnew

  • Waiver of processing, documentation & other charges applicable to "Apna Asiana” and “Suhana Safar” up to 30.09.2019. new

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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