Construction of Water Tank and purchase of Irrigation System in Rodrigues

Maximum Loan Amount

Rs 200,000

Interest Rate

2% p.a

Moratorium Period

up to 6 months

Repayment Period

5 Years, including 6 months moratorium

Purpose of Loan

To meet the cost of construction of Water Storage Facility for domestic and agricultural purposes, including Irrigation System

Financing

90% of cost of project up to a maximum of Rs 200,000.
10% own funds

Eligibility

Individual /Registered Planters & Breeders

Security

As per DBM Terms and Conditions