MINOR IRRIGATION AND PUMP SET LOAN

Purpose For installation of pump set, submersible pump set, pipe line and Generators.
Eligibility Should have minimum 2 acres of compact land.
Margin
  • No margin up to loan of Rs.1,00,000/-
  • For above 1,00,000/- loan 15% to 25% margin.
Security Hypothecation of Assets/implements purchased out of loan proceeds, Co-obligation and mortgage of land/charge over land.
Repayment Maximum 10 years