Agriculture Finance
Surat Mortgages has extended its initial purpose of venturing into agricultural
finance to meet the requirements of finance for individuals / entities involved
in agricultural or its allied activities which would also help the Bank in meeting
its priority sector lending requirements prescribed by RBI by servicing banking
customers with a range of financial solutions. Primarily started to provide banking
services to customers involved both directly and indirectly in the agricultural
sector or its allied activities, Agri Business Group identified suitable products
to meet the needs of niche activities in the sector as a whole. By ensuring lower
default rates and other such business centric aspects, the group has seen good growth
in its priority sector lending activities.
Business Banking Services
Today’s agribusiness owners need banking services to help manage cash flow and to
maximize the return on savings and investments. Surat Mortgages cash management
services can meet your needs cost-effectively. Compare our business checking accounts
and interest bearing savings accounts.
Finance Your Agribusiness
Our expert bankers understand the credit needs of the industry as well as the value
of specialized agriculture collateral. They can help structure reasonable and realistic
credit whether you want crop production loans or agricultural real estate loans.
You may even be able to use leasing alternatives.
If you require a line of credit to help manage your cash flow effectively, consider
BusinessLine®. Draw down the line when needed for working capital and repay it as
cash flows in after inventory, crop or livestock sales.
Whether you need to buy a pick-up truck, tractor or milking machine, there are several
ways to finance agricultural equipment. Surat Mortgages can help you acquire new
and used equipment and vehicles quickly and easily. Leasing options are also available.
Crop Insurance
Every growing season brings its own set of rewards as well as risks. Crop insurance
can help protect your operation and your profits.
Surat Mortgages Insurance works with you to create customized crop insurance solutions
that meet your unique needs.
Surat Mortgages is committed to the success of Indian agriculture. If you have any
questions about increasing your profitability and security, please call us today.