Loan Scheme for the Construction of Water Tank and purchase of Irrigation System in Rodrigues
Loan Scheme for the 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
10% own funds
Eligibility
Individual /Registered Planters & Breeders
Security
As per DBM Terms and Conditions