|
5. Farm Development Loans
Purpose |
For digging / deepening of wells, construction of tanks, ponds, drilling of bore wells, soil and water conservation watershed development bundling land reclamation, leveling of land, terracing, conversion of dry land into wet, irrigable lands, fencing, construction of farm houses and other allied activities. |
| Eligibility |
Farmer should be owner of the land |
| Margin |
- Upto Rs.25,000/- : Nil
- Above Rs.25,000/- : 15-25%
|
6. Vehicle Loan for Agriculturists
Purpose |
For purchase of brand new vehicles such as bicycles, mopeds, two wheeler / three wheeler carriages, jeeps, cards, vans and other light motor vehicles for supervising agricultural operation / management of farm / estate and for transportation of agricultural produce / inputs, vehicles may also be considered.
Purchase of heavy vehicles such as lorries for big farmers owning at least 15 acres of perennially irrigated land. |
| Eligibility |
Agricultural cultivating in his own land or engaged in allied activities such as dairy, poultry, sericulture, fish farming, etc. |
| Margin |
15 - 25% of the cost of the vehicle. |
7. Loan for Plantation Crops
| Purpose |
For establishment of estates, clearing of jungle, conversion of barren land into cultivable land, purchase of planting material, rejuvenation / replanting. |
| Eligibility |
Owners of the land who have experience / knowledge in the proposed activity. |
| Margin |
- Upto Rs.25,000 : Nil
- Above Rs.25,000 : 15-25%
|
8. Loan for Marine Fisheries
| Marine Fisheries |
Purchase / construction of mechanized fishing vessels, fishing equipments, working capital requirement for voyages |
| Eligibility |
Professional fishermen. |
| Margin |
- Upto Rs.25,000 : Nil
- Above Rs.25,000 : 15-25%
|
9. Loan for Inland Fisheries
| Inland Fisheries |
Construction / deepening / widening / desilting of ponds, purchase of fingerlings, equipments, manures, feeds & labour inputs. |
| Eligibility |
Well experienced fish farmers with suitable land, professional fishermen |
| Margin |
Upto Rs.25,000 : Nil
Above Rs.25,000 : 15-25% |
|
