Rate of Interest - 3.00%
Installment/ Period – 10 Half year (5 Years)
Details, Purpose - Agri. allied activities Up to Rs.10.00 lakhs
The medium-term loan helps you finance expansion and establishment projects with the goal of increasing Agriculture production capacity. It is the ideal solution to establish or replant orchards, vineyards and plantations. In addition, it is used to finance improvements to or the replacement of infrastructural requirements, and other similar industries.
Benefits : The loan amount is limited for established farmers or farmers with proven financial track records The type of farming enterprise and the economic lifespan of the asset will determine the flexible repayment term You can get finance for both your capital outlay and initial production costs Capital repayments may be suspended for a limited period at the beginning of the repayment term
(Rules Apply)
