8. Finance to Horticulture
Purpose: Loans for development plantation crops(Rubber, Tea, Coffee, Coconut, Arecanut, Pepper, Cardamom etc.), flowers in open and green houses (roses, carnation, chrysanthemums, jasmine etc.) and vegetable crops (potato, tomato, brinjal, gourds, peas etc.) of fruit orchards (mango, Guava, Grapes, etc.,) as well as short term fruit crops(banana, pineapple etc.).
Eligibility: All farmers having cultivable lands.
Loan Amount: Up to Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. For loans above Rs 50000/- 85 % of the cost of the asset / project is given as loan. Short term loans for meeting working capital under Kisan Credit Card scheme.
9. Scheme for Financing Small Rubber Growers
Purpose:
The Scheme aims at providing adequate and timely working capital to well run Rubber Producer's Societies (RPS) and Rubber Trading Companies (RTC) jointly promoted by the Rubber Producer's Societies and the Rubber Board, having their own processing and/or marketing facilities from the bank in a flexible, hassle free and cost effective manner. The scheme is designed to achieve financial independence of Small Rubber Growers, resulting in overall development and growth of Rubber Plantation Sector.
Eligibility:
Well run Rubber Producer's Societies having their own processing and/or marketing facilities for the benefit of their members. Rubber Trading Companies jointly promoted by the Rubber Producers’ Societies and the Rubber Board are also eligible for need based working capital limits under the Scheme.
Loan Amount
Minimum Rs.25,000/- to Maximum Rs.50,0000/- (Higher amount can be considered based on the scale of operations of the society). Limit can be fixed taking into account the cash budget submitted by the society
10. Irrigatin Infrastructure
Purpose
Credit for creating irrigation facilities from underground / surface water sources. All structures and equipments connected with it are also financed. Scheme covers various activities like digging of new wells (open/bore wells), deepening of existing wells (traditional/bore well), energisation of wells (oil engine/electrical pump set), lying of pipe lines, installing drip/sprinkler irrigation system and lift irrigation system.
Eligibility: All farmers having a known source of water, which can be exploited for irrigation purpose.
Loan Amount
Up to Rs. 50,000/- 100 % of the cost of the asset / project
Above Rs. 50,000/- up to 85 % of the cost of the asset / project
|
