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Arthia Power

Purpose

Cash credit facility for meeting the commission agents' working capital requirements on account of credit extended to farmers for supply of inputs.

Eligibility

  • Commission agents with valid license from the Market Yard / Board.
  • Commission agents who are in this business for the last 3 years.
  • Commission agents having receivables from farmers, operating in mandis and lending to farmers for purchase of inputs.
  • Commission agents who have filed their sales tax returns and/or who have audited balance sheets.

Loan amount

Minimum: Rs 50,000
Maximum: Rs 40 lacs

Repayment

Repayable on demand subject to annual review.

Documents you need to provide

  1. Statement of book debts
  2. Land records of the security offered
  3. Commission agent license
  4. Audited balance sheet or Sales Tax Returns

For further information, please contact the nearest branch.