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Seasonal loan product is designed to address the specific financial requirement of individual residing in rural areas, particularly those agriculture or livestock activities which are seasonal in nature.
This loan is given to individuals for season based agricultural activities.
75% of the total project cost or (70%) below 50 million or (60%) above 50 million of the collateral value whichever is lower.
Seasonal Loan: 11.25%
Maximum term period of one year (Non renewable/extendable)