Rate of Interest

Customized Interest Rates 12-20%
Processing Fees 1-2%
Loan Tenure Upto 60 months
Pre-closure Charges At the discretion of lender
Eligibility Criteria Every financial institution has its own eligibility criteria for evaluating and dispensing loans.
Loan Amount Rs. 1,00,000 to Rs. 50,00,000
Installments Upto 60 installments

Farmer Producer Company (FPO) Fees & Interest Rates

The interest rates on various loans differ from one financial institution to another. You will have to contact the financial institutions directly to understand the interest rates that will be charged by them for a particular loan. The rate of interests mentioned here are illustrative in nature.

Rs
%
Months

Monthly EMI

00,000

Total Interest

00,000

Total Payable Amount

00,000

Documents Required for a Farmer Producer Company (FPO)

Farmer Individual FPO Small Business MSME
Land Document
PAN Card
Aadhaar Card
Income Tax Return
Salary Slip, if employed
Balance Sheet
CIN/ Partnership deed
Company PAN Card
GSTIN (if any)

Farmer Producer Company (FPO)

Loan to Farmer Producer Companies

FPO Loan

FPOs are farmers collectives and groups, where the membership comprises of farmers/producers mostly small and marginal farmers. The FPOs have been promoted under various programs which are supported by SFAC, NABARD, State Governments and many other organizations. The FPOs are given Cash Credit, Working Capital and Term Loans for production, harvesting, processing, procurement, grading, pooling, handling, marketing and selling.

FAQ's

LOAN SEVA KENDRA is an ValueFin India Credit Services Private Limited, online digital services platform which facilitates Loan services to customers, especially Rural Customers, by helping them create their Loan Application and Credit Information Report (ACR). The customer can generate his/her loan application, cash flows, other details, credit information report along with e-verification of identity and address documents. This shall enable the customer to generate a ready to refer & submit report for getting the loan. These services are available at reasonable charges. LOAN SEVA KENDRA is a digital platform built by ValueFin India Technologies  and Services Private Limited  for ValueFin India Credit Services Private Limited, an NBFC-ND registered with RBI. Please note that the Loan Application and Credit report is being provided at a minimal cost of INR 399. This covers the cost of KYC verification, Transunion CIBIL report, IDV report and a compiled PDF report, which can be downloaded, saved or printed.

For customers LOAN SEVA KENDRA helps to
1.  Create your loan application online through Portal or Mobile App
2.  Conduct Online verification of identity documents
3.  Online Credit Information report through Credit Bureau
This will save time, money, reduce multiple visits and help in faster processing. The report can be generated on portal or through Mobile Application. You can download the report, print and submit it to the Financial Institution/Bank/NBFC.

Please note that the Loan Application and Credit report is being provided at a minimal cost of INR 499 (USD$7). This covers the cost of KYC verification, Transunion CIBIL report, IDV report and a compiled PDF report, which can be downloaded, saved or printed.

Note: Loan Seva Kendra is an online service provider. It does not apply for loan, forwards application or guarantee loan approval, to any of the users of this portal or web / mobile application. Please note the loan approval and sanction remains at the sole discretion of lender.

LOAN SEVA KENDRA is here to create a "differentiated Loan Aggregation Marketplace" that will enable timely and easy access to Loan to every credit worthy customers. However, at no stage does LOAN SEVA KENDRA act on behalf of the customer or the Financial Institution/Banks/NBFCs.

A) For customers this will help and save Time, Wages & Money

1.  Create your loan application online through Portal or Mobile App
2.  Online verification of documents
3.  Online Credit Information report
This will save time, money, reduce multiple visits to Banks/NBFCs/Financial Institutions, enabling faster processing. You can download the report, print and share it to with Financial Institution. 

B) For Financial Institutions/NBFCs/Banks will help reduce the cost of  PSL Customer Acquisition  
1. Get customer information, application, data and credit information, reduces customer origination cost
2. Prevent information asymmetry and errors
3. Customer shares cash flow, assets and liabilities data which helps in credit assessment
4. Identity documents are verified online along with Credit Information Report and IDV

Saves manual filling of data, low errors, ready to refer loan application, KYC verification along with CIR.

For Financial Institutions/NBFCs/Banks, LOAN SEVA KENDRA enables

1. Getting potential customer information, application, data and credit information thereby reduce customer origination cost
2. Prevents information asymmetry and reduces errors as information is as per defined formats
3. Customer shares cash flow, assets and liabilities data which helps in credit assessment
4. Identity documents are verified online along with Credit Information Report (CIR) by credit bureaus for ready reference.

This Saves manual filling of data, low errors, ready to refer customer application, data, identity verification along with Credit Information report. Report can be directly shared over mail or can be downloaded from Portal or Mobile App.

Disclaimer

Loan Seva Kendra is an online service provider. It does not apply for loan, forwards application or guarantee loan approval, to any of the users of this portal or website / mobile application.