Agriculture & Allied
Loans for Agricultural Development
The Velicham team is committed to supporting the agricultural and allied sector using a systematic and timely supply of financial products. Velicham also strongly believes in uplifting the small and marginal farmers to create a very high impact in the community. The company has well-designed loans to exclusively serve this segment at an affordable rate. Catered to the oldest Indian sector, Farmers from selected sectors and any Agri-Allied activity can avail of this loan at Velicham.
- Systematic and affordable product.
- Aims at achieving agricultural development in different nooks of the country
Loan Size: 0.75 lakhs to 5 lakhs
Tenure: 1 to 3 Years
Vintage: More than one year
Cash Flow based assessment
Diminishing Balance Interest Rate
With a dedicated team assigned to analyze the business prospects, Farmers will be at ease when they look forward to expanding their activities. As the customer moves forward to avail of the loan at the branch, the team ensures a seamless loan approval process.
- Ease out the loan approval process using advanced technology
- Special in-house consultation to promote growth
- Excellent customer experience
- Ensure timely access to credit
How it works
This step involves CRO meeting the client and initiating the application.
Multipoint Verification and Field-Inspection
Using integrated APIs and a field credit team, the team verifies customer information as the approval procedure moves forward.
On-spot Loan Approval
As the customer meets the requirement, the loan is approved on-spot.
Loan Disbursement and Usage Verification
The loan is disbursed to the customer’s bank account. On the other hand, Velicham team members keep a check on loan usage.
Digital and Field Collection
With field collection as an option, Velicham promotes digital payments for a seamless transaction.
Sudar Sakthi, Arivizhimangalam ( Nannilam) Petty Shop Muthulakshmi is a 42-year-old widowed woman from Arivizhimangalam village of Thiruvarur district. She runs a petty shop attached to her residence. She sells...View More
Andal Sakthi, Thirukannapuram (Nannilam) Purpose of loan: Dairy Sundharavalli works as an Anganwadi employee in a nearby school and seemed happy to meet me with the field officer. After the...View More
Sri Mahakaliyamman Sakthi, Aprakudi (Thiruthuraipoondi) Purpose of loan: Plastic business Amutha is a young woman from Aprakkudi, a small village in Thiruvarur district of Tamil Nadu. She is a mother...View More