LOAN
As a supplement to the finance of APMC, the Maharashtra State Agricultural
Marketing Board gives some amount as loan to enable APMCs to undertake
developmental programmes. However, MSAMB insists on availing loans from Banks
by the APMCs for their development programmes. The development works include
land, drinking water facility, compound wall, gate, internal roads,
electrification, auction halls and platform, godowns, computers, weigh bridges,
farmers hostel, hamal bhavan, trader's and commission agent's shops, etc. The
loans are sanctioned as per the norms prescribed by MSAMB.
APMCs submit the loan applications with details, which are being processed at
the head office. As per the rules of the Marketing Board, the rate of interest
for development works except construction of shopping complex, are as follows:
| 1 |
Class A and B |
12% |
| 2 |
Class C and D |
10% |
| 3 |
Konkan and Tribal Area |
8% |
| 4 |
Shopping Complex (APMCs of all category) |
16% |
The APMC has to submit a loan proposal along with the following
documents.
-
Loan application in the prescribed form.
-
Loan repayment agreement.
-
Loan hypothecation agreement.
-
Sanction from competent authority for building plan & layout.
-
Approval of Director of Marketing under section 12(1).
The necessary formats for this purpose can be downloaded from the download
option.
The repayment period of loan provided for the following development works is as
follows.
| 1 |
Purchase of Land, Drinking water system, Auction halls,
Compound, Sanitary, Computers and Weigh bridges, Roads, Shetkari niwas,
Electrification, & other facilities
| 10 Years |
| 2 |
Traders Shops |
5 Years |
| 3 |
Commercial Complex |
1 Year |
During last 10 years (i.e. from 1985 to March 2003), the Marketing Board has
disbursed an loan amount of Rs 67.94 Crore to 182 APMCs in the State, out
of which, the outstanding amount as on 31st March 2003, is Rs. 28.04Crore.
|
