SFAC Grants

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 Today’s topic SFAC Grants


What is SFAC?

Small Farmers Agribusiness Consortium (SFAC) is an Autonomous Society promoted by Ministry of Agriculture, Cooperation and Farmers' Welfare, Government of India.


Who is eligible?

Farmer Producer Company is eligible for this grant.


SFAC Schemes?

1. Equity Grant Scheme

In this scheme SFAC will provide additional Equity Grant equal to existing capital of Farmer Producer Company. In this scheme grant is available upto Rs.15 Lakhs.


2 Credit Guarantee Fund

Under this scheme SFAC will provide guarantee letter for loan not exceeding Rs.100 Lakhs. And guarantee cover upto 85% or Rs.85 Lakhs whichever is lower.


What are the documents required?

1. Company registration documents

2. KYC of Board of directors

3. Project report for next 18 months

4. Board resolution

5. Agreement

6. Pan of company

7. Bank statement of last 6 months pf current account of company


Regards,


CS Chetan Bhutada

Kabra Bhutada & Associates

Mob: 8855098984, 7030971007



#promptreg #promptregtechnology #cabrabhutada #aurangabad #sambhajinagar 

#companysecretary #icsi #icai #cs #csstudents #charteredaccountant #ca #castudents #csexecutive #csprofessional #commerce #cafinal #csfoundation #gst #icaistudents #charteredaccountants  #commercestudents #cafoundation  #cajokes #calife #accountant #camotivation #cainter #cseet #accounting

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