Agri term loan
- Secured term loan ranging from INR 5 lakhs to 5 crores.
- Purpose – Business development and expansion.
Agri commodity loan
- Short-term working capital loans up to INR 5 crores against pledge of agri-commodities.
- Maximum coverage on commodities, all types of food grains, pulses, cereals and oilseeds are covered.
Short Term Working Capital Loan
- Short-term working capital loan up to INR 5 crores against invoices.
- Facility tenure up to 12 months and loan tenure ranging from 1 to 3 months.
Agribazaar Loan – Saarthie
- Special loan facility for participants of the Agribazaar platform (e-commerce wing of StarAgri Group).
- Loan amount ranges from INR 25 lakhs to 5 crores.
Who we serve
At Agriwise, our primary focus is to provide credit services to key stakeholders of the agricultural value chain.
Our gamut of offerings includes:
B2B credit:
We provide financial assistance to MSMEs in the agriculture sector, such as Farmer Producer Organisations (FPOs), input distributors, retailers, agri infrastructure developers, farming equipment providers, etc.
B2B2C credit:
Through this channel, we support agriculturists who are engaged in contractual farming for food and beverage companies, in addition to those involved in onlending arrangements with other agricultural financiers.
B2B2C credit:
Through this channel, we support agriculturists who are engaged in contractual farming for food and beverage companies, in addition to those involved in onlending arrangements with other agricultural financiers.
B2C credit:
To augment the livelihood of progressive farmers, we offer transparent credit to support future-forward projects, including greenhouse/polyhouse development, automated drip irrigation, mechanised dairy, poultry or livestock farms, hydroponics, aeroponics, floriculture, and portable farm equipment.
Knowledgewise
Agri NBFCs should be accorded priority sector status since they cater to a priority sector. Currently, they are treated at par with other NBFCs.
Priority sector lending (PSL) was formalized in 1972, and RBI advised PSL targets to banks in 1974, which ensures that the lenders compulsorily lend 40% of their total credit to specific sectors The Reserve Bank of India (RBI) has defined different categories under priority sector and agriculture is one of that category which falls under priority sector lending Domestic scheduled commercial banks...
Agri-financing – A financial revolution
Agri financing plays an essential role in farm sector development, as India being an agrarian economy is a major contributor to the global food basket As on March 31, 2020, NBFCs had total assets of Rs 5147 trillion, almost 25% of India’s GDP Therefore, a healthy NBFC sector from a systemic point of view is crucial for India’s economic revival The recent RBI bulletin released in May 2021...
