500 Days Fixed Deposit
Rate of Interest
For society 12 % P.A.
For members 14 % P.A.
In yearly installments
Minimum Land area 5 acres of wet land / irrigated
One Drip Irrigation set for 1 hectare (2.5 acres) of
Maximum amount restricted to Rs.55,000 per set or
invoice price whichever is less
Own contribution 25% of the Invoice Price
Bank net loan 75 %
7/12 extract, 8 A,
with sign & stamp
No dues certificate of
concern area branches, Society resolution & branch
Borrower should also be
a member of Sugarcane Factory by having shares.