Drip Irrigation

Agri & RuralCrop LoanGold LoanFarm mechanization Loan
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Drip Irrigation Loan

Features

  • Collateral Security Upto Rs. 10,000/- : NIL
  • Above Rs. 10,000/- : Mortgage/ Charge on land
  • Margin 15% to 25% of the project cost
  • For Rate of Interest Please click here

Eligibility

  • Farmers engaged in agricultural activities and own the land under cultivation.

Repayment

  • Generally 5 to 13 years depending upon the cash flow and DSCR.

Documents Required

  • Duly filled in application form
  • Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card,/Driving License etc
  • Address proof: Voter ID card/Passport/Aadhaar card/Driving license etc
  • Mortgage/ Charge on land
  • Deed of Guarantee (Where ever required)

Interest Rates

7.35% p.a.

w.e.f. 01.05.2020

*T&C Apply.

 

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