Shadabi Plan caters the financing needs for production activities on the farm which mainly include seed, pesticides and fertilizers along with provisions for miscellaneous expenses like payment of electricity & diesel bills of tubewells, maintenance expenses for tractors and the like items as per list of Eligible items.
- Financing requirement is ascertained for a period of three years
- Limit is sanctioned for three years on revolving basis with one time documentation subject to annual clean up along with markup.
- Mark up is charged on the limit amount utilized by the farmer
- There is no prepayment penalty
- There is no hidden cost involved
- Forms & documents are provided free of cost.