Features, Benefits, Rate of Interest and Method of Application | Job Binary

HDFC Bank Loans

If you are looking for a farm loan but don’t know where to go and how to apply then don’t worry, today we will tell you about one such bank that offers different types of farm loans as per your needs.

One of the leading private banks in India, HDFC Bank Kisan Gold Card offers Farm Loans, Tractor Loans, Small Business Farm Loans, Horticulture Loans, Poultry Farming Loans etc. Currently, HDFC has a banking network of 6,499 branches and 18,868 ATMs across the country.

HDFC Farm Loans

HDFC Bank provides loans to Agricultural Traders, Arathias, Food Processing Firms, Agricultural Exporters etc. as per their business needs. If you want to avail this loan facility then read the details given below.

Features of HDFC Small Agribusiness Loan

Secured loans depending on your eligibility and requirements.

Type of Facility – Working Capital (It is both Funded and Non-Funded – Cash Credit, Overdraft (ODAP), Working Capital Demand Loan, Term Loan, EPC, Bank Guarantee and Letter of Credit, etc.)

Funds are given to individuals, sole proprietorships, partnership firms, Pvt. Ltd. Institutions, Limited Companies, etc.

Provides acceptable collateral – residential/commercial or industrial property/cash and liquid collateral.

Tenor or time frame – 12 months with annual renewal.

Provides attractive interest rate.

Convenient facilities like net banking, mobile banking and phone banking.

Multi-location banking.

Who can apply for HDFC Small Agri-Business Loan?

Arathias / Agricultural Commodity Commission Agents, Pesticide Distributors / Fertilizer Distributors, Distributors / Large Traders (Retailers / Wholesalers) dealing in Agricultural Commodities Food Processors / Agricultural Commodity Processors / Agricultural Input Manufacturers / Farmer Producers / All other export activities.

Other benefits

If you take loan or credit from HDFC you will get;

Quick Loan – HDFC loan sanction and disbursement is fast with easy enrollment and doorstep service.

Competitive pricing – HDFC loan rates and charges are very attractive.

Transparency – There is complete transparency in the loan process and there are no hidden charges.

Eligibility for HDFC Small Agri Business Loan

Business Vintage – Five years (min three years at same location)

Tangible Net Worth and Profit After Tax – Positive for at least two to three financial years

Account behavior – It is calculated on the basis of check returns, over-drawings, utilization of limits, churn and interest service etc.

Necessary documents

Application form (Deed of Partnership or MOA & AOA/COI) with KYC documents

Documents relating to assets and income (adv. balance sheet, ITR for last three years)

Last six months bank statement.


Proof of business registration and repayment record of any existing loan.

Project Reports for Term Loans.

Values ​​of stock, debtors and debtors on letterhead for the last six months.

Address Proof – You can submit Voter ID Card / Telephone Bill / Bank Passbook / Electricity Bill / Passport / Ration Card / Aadhaar Card.

Photo ID/Signature Proof – Voter ID/ PAN Card/Bank Passbook/Driving License.

All documents must be self-attested by the applicant.

Interest rate, fees and charges

Type of fee


Processing charges

Minimum 1 percent of sanctioned limit amount + applicable taxes.

Renewal charges

Renewal cases without enhancement – Minimum 0.50 percent of the revised limit amount + applicable taxes.

Additional interest

Overdue/delayed/default of any amount due will be charged at 18 percent pa

Commitment charges

Average utilization > 60 percent – zero charges

Average consumption < 60 percent - 0.50 percent pa (plus taxes) 60 percent on difference between actual consumption and average quarterly consumption.

Fees will be charged on quarterly basis

Applicable to CC/OD facility only.

Stamp duty and other statutory charges

It depends on the state laws

It should be noted that applicable service tax and other government taxes, levies etc. will be levied on charges and fees as per prevailing rate.

How to Apply for HDFC Small Agri Business Loan

You can apply for HDFC Farm Loan online and offline.

Click to apply

First Published Date: 24 Nov 2022, 04:44 IST

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