Download SBI Common Covid Emergency Credit Line Application Form PDF
Objective
- To provide relief to Agri borrowers / Agri entrepreneurs / SHG Members to tide over the COVID 19 pandemic outbreak.
- To extend an additional credit facility to the eligible existing borrowers by way of ad-hoc facilities viz Common Covid 19 Emergency Credit Line for sustaining Agri income generation activity.
Eligibility
- All existing KCC / ACC/ ABAL / SHG ACC borrowers.
- All standard accounts including SMA 0 and SMA 1 accounts (Risk Grade 0, 1 and 2) as on date of sanction irrespective of internal rating (SMA 2 are not eligible).
Required Documents
- Application form cum appraisal.
- Two latest Passport Size Photos
- ID Proof such as Aadhar Card / Voter Identity Card etc.,
- Address Proof such as Driving License, Aadhar Card, etc.
- DP Note and DP Note Take Delivery Letter
- Arrangement letter.
- Hypothecation Supplementary Agreement (AB1-A)
- Deed of Extension of mortgage (AB3-A) , if applicable (For loan limit above Rs.1.60 lakh)
- Extension of equitable mortgage, if applicable (For loan limit above Rs.1.60 lakh)
The scheme (CCECL) will be in force up to 30.06.2020 (drawdown will be permitted up to 31.07.2020 either in single tranche or maximum of three tranches).
Need based credit to meet the emergency needs for payment of Agri seasonal operations, allied Agri activities, farm maintenance, enhanced labor wages, transport, marketing expenses, breakdown of farm maintenance, incidental expenses, etc., for sustaining their income generation activities
SBI Common Covid Emergency Credit Line Application Form PDF Download Link
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