Agricultural Individual Loan
Agricultural Individual Loan offering by Right Micro Finance is designed to help our customers engaged in Farming/Allied Agricultural activities to maintain or expand their existing set-up.
Key Benefits
Features
Loan Amount
Minimum amount is INR 10,000
Maximum amount is INR 2 lakhs
Doorstep Banking Service:
Onboarding
Loan disbursement
Collection
Servicing
Attractive Interest Rates
Enjoy highly competitive interest rates of 15% - 24% p.a.
Loan Tenure
12 to 36 months
Eligibility Criteria
Applicants must meet the following requirements to be eligible for the loan:
Existing customers of Right Micro Finance who have completed 12 months
Customers new to Right Micro Finance and involved in agricultural activities.
Applicants should be residents of the current village / city for minimum 2 years and have an agricultural set-up.
How to apply?
Visit the nearest branch of Right Micro Finance, and meet our Loan Executive to understand the application process.
You can also contact us and our Customer Care Executive will fix a doorstep service appointment with our Loan Executive to help you with the application process.
Required Documents
Primary ID: Aadhaar card
Secondary ID: PAN card / Form 60
In case of non-availability of PAN card, customer needs to submit Form 60 along with the one of the following OVDs (Officially Valid Documents)
Passport
Voter ID card
Driving licence
NREGA (National Rural Employment Guarantee Act)
Letter issued by National Population Register containing details of name and address
For Terms and Conditions, please contact the nearest Right Micro Finance branch.