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   home > Loans > IND STAR Rice Mill
IND STAR Rice Mill
Purpose / ObjectiveFinancing rice mills through out the country.
EligibilityRice Mill Accounts with Credit rating not below B.
Quantum of LoanNo ceiling of limits
Margin25% on stocks, BD and P&M
10% cash margin on NFB and
40% on building
Interest RatesPlease see the Interest Rate link on home page
Repayment PeriodUpto 7 years for TL
SecurityAdditional security cover not less than 100% of the loan amount with a provision to consider upto 7.5% by Circle Heads
* BPLR = 12.50 % and BASE RATE = 8.00 % 
 
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