a) Finance to Growers
i. Assessed on entire fruit bearing orchard owned by the grower farmer or any of his family member.
ii. Upto an individual credit limit of Rs 1.00 lac no revenue record of land holding is required.
iii. The credit limit of Growers is to be assessed and sanctioned for a period of 3 years. The limit will get automatically renewed annually subject to satisfactory conduct of the account.
iv. Option for the grower to enter the scheme to avail the financial assistance at any of the following stages:
• Pre-harvest stage for production cost.
• Harvesting stage for picking/ packing/ grading.
• Post harvesting stage for marketing.
• For entire production & marketing cycle.
v. The grower is not required to submit any financial statement/ balance sheet for sanction of credit facility excepting personal statement and land holding record wherever required in addition to papers under KYC norms.
vi. Option for additional financial assistance for carriage and cold storage of the produce as per stipulated rates.
vii. No collateral Security upto the loan limit of 1.00 lakh.
b) Finance to the Traders/Arthias/Commission & Forwarding Agents
i) The scale of finance to be assessed on the basis of number of fruit boxes marketed/ forwarded during the previous year with a reasonable increase based on average growth during the last three years.
ii) The average per box market price will be aligned to the actual market rates.
iii) Hassle free renewal of the credit limit from January onwards subject to satisfactory conduct of the account.
iv) Option for additional financial assistance for cold storage of the produce as per stipulated rates.