Table of Contents
Objectives
- To increase our term lending/investment credit which result in asset creation.
- Reduce hassles of obtaintion of bills, vouchers, estimates etc., for small investment purposes
Purpose
- Purchase/Installation / Repair of IP set, pump house, laying/ enhancing pipe line, Water storage tank.
- Fencing, Land development/leveling, soil application, mulching, bunding, riveting, trenching etc., for land development.
- For purchase of Agricultural implements, sericulture equipments, Bullock Cart & bullocks.
- Construction/repair to cattle shed & farm house.
- Loan for animal husbandry activities like dairying, poultry, piggery, sheep & goat rearing-High value Emu-Ostrich farming or loans for purchase of new farm machinery like tractor, tiller, harvester etc.
Eligibility
- All farmers irrespective of the size of their land holdings.
Loan facility
- Agri.Term Loan
Quantum of Loan
- 5.00 lakh or
- 75% of the project cost subject or
- 50% of the net value of Landed property offered as security.
Repayment
- Maximum 5-7years
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