📝 One-liners · 40 cards
Financing agriculture and allied activities
Validity?
5 years, subject to annual review
Each ST withdrawal?
To be liquidated within 12 months (revised in 2012 to align with harvest/marketing period)
Rate of interest?
Linked to base rate / MCLR / EBLR; adjusted for interest subvention
ISS rate to farmer?
7 % p.a. (effective rate post 3 % PRI = 4 %)
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