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AGPRO POWER

Axis Bank offers the AGPRO Power facility as part of its Rural Banking Initiatives Online. The USPs of the AGPRO Power service include simplified assessments, competitive interest rates with a ceiling rate of 18% per annum and a larger radius of operations ranging upto 75 kms from the rural lending designated branch.

The AGPRO Power facility type can be fund based or non fund based. The fund based facility includes cash credit, term loans and working capital demand loans, whereas the non fund based facility includes letter of credit and bank guarantee. The AGPRO Power service can be availed for the purpose of financing working capital, capital expenditure and non-fund based requirements of the borrowers. For more details related to the AGPRO Power services, please refer to the information provided below.

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