SERICULTURE LOAN

Purpose Mulberry crop, cocoon rearing, construction of sericulture rearing house and purchase of equipments.
Eligibility

Should have

  • Experience in sericulture
  • Irrigated land
  • Consent from sericulture department for raising crop/technical supervision.
  • Marketing facility
Margin
  • 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 7 years