Short Term Refinance for Seasonal Agricultural Operations ST(SAO) :

Objective Crop loan facility for Ground Level credit through 3 Tier Structure (MStCB --> DCCB--> PACS).
Limit S.T. (SAO) Refinance facility is provided under NABARD Refinance Scheme. NABARD issues policy circular for sanctioning S.T. (SAO) Refinance by SCB for every financial year.(NABARD Policy for the year 2015-16 : No.23 dated 07 April 2015)
Security Pronotes of PACS endorsed by DCCB in favour of MStCB.
Period One Year
Rate of Interest Prevailing.