Cold Storage

For Term Loan:

Construction of New Cold Storages, other cold chain infrastructure such as pack house, integrated pack house, reefer vans, Bulk cooling units, quick freezer units, chilling / freezing infrastructure etc.
Repairs /Renovation/ purchase of existing cold storage, other chain infrastructure etc.
Purchase & installation and /or replacement of machineries /DG sets etc.
Development of ancillary/supporting infrastructure like parking sheds, internal roads, garbage disposal arrangements, boundary wall, drinking water facility etc.

For Working Capital Limit ( for cold storage ):

To provide finance assistance (OD Limit ) against Book Debts to Cold Storage units.
Working capital requirement for on-lending to farmers for storage of produce like Potato, fruits, peas, chillies, corn, spices etc. in Cold storage units.
Working capital requirement for recurring expenditure to run the business.

Individuals, groups of individuals, Non-Government Organisations (NGOs), Co-operatives, Companies, Corporations, Partnership and Propretiorary firms, Agriculture produce marketing committees/Boards, Agro processing corporations, SHGs Federations, marketing Boards and Growers Associations etc.
The applicant should have own/ leased land and should have space for construction of storage structures.

Margin

For Term Loan:

Loan Amount	Margin should be Minimum
Under AIF Scheme, up to ₹. 2 Cr	10%
Above ₹. 2 Cr up to ₹. 10 Cr	20%
Above ₹. 10 Cr	25%
Loan for repair and renovation	25%

For Working Capital: 25%

Security

For Term Loan:
Prime Security:

Hypothecation of Assets created out of our finance.
Mortgage of land where primary activities are undertaken, unit is constructed and which forms a part of developmental activity and connected with the activity.

Collateral Security:

For loan on leased hold landed property, if leasehold rights are not mortgaged, Immovable or equivalent Collateral security should be obtained of minimum 100% of the loan amount, out of which at least 50% security by way of Residential/Commercial Properties (Land & Buildings backed by approved building plan).

For Working Capital Limit (for cold storage including onlending to farmers to meet operational expenses of the unit):

Prime Security:
Hypothecation of book debts/receivables i.e. advance payment made to the farmers

Collateral Security:

Mortgage of storage unit.
Mortgage of landed property other than storage unit in the form of SARFAESI compliant residential/ commercial property,

Risk Category	Minimum Residential/ Commercial % of Collateral
Low Risk	25%
Normal Risk	35%
Moderate Risk	50%

However, renewal of existing limit can be permitted with existing security

Repayment Period

For Term Loans : Not exceeding 15 years including moratorium of maximum 2 years.
Working capital limit shall be valid for 12 months.