Star Agri Infra | Long term finances facility

BOI

ROI as low as 9.00% p.a for loans upto Rs.2.00 Crore
3% interest subvention for limit upto Rs.2.00 crore available from Government for 7 years. In case of loans beyond Rs.2 crore, then interest subvention will be limited up to 2 crore.
CGTMSE fee for limit upto Rs 2.00 crore available from Government for 7 years. In case of FPOs the credit guarantee may be availed from the facility created under FPO promotion scheme of DACFW.
Single entities can now setup maximum 25 Projects at different locations having separate LGD (Local Government Directory) Code. Each such project will eligible for Interest Subvention on Loan upto Rs 2.00 Crore. This limit of 25 projects will not applicable to State Agencies, National and State Federation of Co-operatives, Federation of FPOs and Federation of SHGs.
In the same location for expansion of existing project/ multiple project for a maximum cumulative limit of Rs 2 Cr per entity is eligible in AIF scheme.
APMCs will be eligible for multiple projects of different Infra types within their designated Market Area.

TAT

Upto Rs.10.00 lakh	Above Rs 10 lakhs to Rs.5.00 crore	Above Rs.5 Crores
7 business days	14 business days	30 business days

* TAT will be counted from the date of receipt of Application (complete in all respects)

Quantum of finance

Need based, Minimum 10% margin required by way of promoter contribution.

For more information

Please send SMS-‘AIF’ to 7669021290

Give a missed call to 8010968370

BOI

*Terms & Conditions apply. For further details, Please contact your Nearest Branch

BOI

Setting up and modernization of-

Post-Harvest management Projects like- Supply chain services including e-marketing platforms, Warehouses, Silos, Pack houses, Assaying units, Sorting and grading units, Cold chains, logistic facilities, Primary processing centres, Ripening chambers, Farm residue/ waste management infrastructures.
Viable projects for building community farming assets including-Organic input production, Compressed Biogas (CBG) plant, Bio stimulant production units, Infrastructure for smart and precision agriculture, Purchase of drones, putting up specialized sensors on the field, Blockchain and AI in agriculture, etc, Remote sensing and Internet of Things (IOT) such as automatic weather station, Farm advisory services through GIS applications, Nursery, Tissue culture, Seed Processing, Custom Hiring Center, Standalone solar pumping system (PM KUSUM Component B), Solarization of grid connected agri-pump under (PM-KUSUM component C), Integrated Spirulina production and Processing units, Sericulture Processing units, Honey processing, Plant Quarantine units, Projects identified for providing supply chain infrastructure for clusters of crops including export clusters, Projects promoted by Central/State/Local Governments or their agencies under PPP for building community farming assets or post-harvest management projects.
Solarization of any of the eligible infrastructure: Solarization of any of the eligible infrastructure can also be financed under AIF.
Digital connectivity and optic fibre infrastructure: Digital connectivity and optic fibre infrastructure shall be eligible investment as part of development of the aforementioned eligible projects.

Projects eligible for only groups of individual beneficiaries as well as Farmers’ Communities such as FPOs, PACS, SHGs, JLGs, Cooperatives, National and State Level Federation of Co-operatives, FPOs federations, Federations of SHGs, National and State Level Agencies etc.

Hydroponic Farming, Mushroom Farming, Vertical Farming, Aeroponic Farming, Poly house/ Green house, Logistics facilities (including non- refrigerated/ insulated vehicles), Tractors.

For more information

Please send SMS-‘AIF’ to 7669021290

Give a missed call to 8010968370

BOI

*Terms & Conditions apply. For further details, Please contact your Nearest Branch

BOI

Individuals/ Proprietorship firms/ Partnership firms/ Limited Liability Partnership firms (LLP)/ JLGs/ SHGs/ FPOs/ Registered companies (Private & Public)/ Trust/ Marketing cooperative societies/ existing entrepreneurs/ etc interested for setting up and modernization of projects eligible under the scheme.