#1
February 10th, 2016, 04:26 PM
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Yes Bank Agri
Please give me information of the Small Agri Enterprise Loan offered by Yes Bank and the main features as well as the loan amount offered?
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#2
February 10th, 2016, 04:27 PM
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Re: Yes Bank Agri
The Yes Bank has a strong focus on sustainable business solutions for Agriculture and Rural Issues of the country. It is the Bank’s steady endeavour to support business initiatives and innovative strategies that assist drive inclusive growth. ARB is the Bank’s dedicated group focused on fulfilling the financial needs of agriculture and allied sectors. YES BANK provides one with comprehensive solutions for the agri financing needs. The product suite covers the following: • Small Agri Enterprises Loan • Commodity Finance • KrishakSahyog The Small Agri Enterprises Loan is principally aimed at individuals involved in farming and business units engaged in trading and manufacturing, and commission agents. Features Turnover based lending approach for assessment of credit limits Peak and Non peak Facility for Agri processors Term Loan tenor upto 10 Yrs for Plantation and horticulture Crop Quarterly submission of Stock Statement Loan Amount Minimum Loan Amount: INR 20 lacs Maximum Loan Amount: INR 5cr Facility Type Fund Based Cash Credit/Overdraft/Working Capital Demand Loan/Short Term Loan /Term Loan /Drop Line OD, Export Credit Non – Fund Based Letter of Credit, Buyers Credit, Bank guarantee Security Exclusive charges on Current Asset (stock & book debt) by way of hypothecation Residential/ Commercial/Industrial (Upto Certain percentage)/ NA Plot, Liquid Collateral in the outline of FD/NSC/KVP/IVP/LIC etc can be accepted Address: Corporate Headquarters: YES BANK Limited, Nehru Centre, 9th floor, Discovery of India, Dr. A.B. Road, Worli, Mumbai – 400 018, India. Tel: +91 (22) 6669 9000 Fax: +91 (22) 2490 0314 |