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Agricultural Advances / Cold Storage Finance
The Capital Investment Subsidy Scheme is aimed at meeting construction and expansion expenditure on cold storage units to minimize post harvest losses of horticultural produce.
Eligibility Co-operative societies, companies, corporations, partnerships, proprietorships, agri-produce marketing committees, boards, agri-industrial corporations, and growers associations
Project Cost According to the design
Margin 25%
Subsidy 25% or maximum Rs.50 lakhs
33.33% or maximum Rs.60 lakhs in North Eastern states
Security Primary: Hypothecation of machinery
Collateral: Mortgage of immovable property
Repayment Payable annually in nine years with a grace period of 2 years
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