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New Agricultural Loan Schemes
New Agricultural Loan Schemes
Maximum Loan Amount
Rs 10M
Interest Rate
3.5% p.a
Moratorium Period
Up to 1year depending on project
Repayment Period
Up to 7years, including up to 1 year moratorium
Purpose of Loan
To finance any activity linked to Agriculture and Agro Industry
Financing
90% of cost of project up to a maximum of Rs 10M.
10% own funds
10% own funds
Eligibility
- Individual, Companies and Cooperatives.
- Applicant should be registered with FAREI and Small Farmers Welfare Fund
Security
As per DBM Terms and Conditions