Featured Product

 

Loan Schemes.

 

Drip Irrigation

1

Rate of Interest

For society 12 % P.A.

For members 14 % P.A.

2

Period

5  years In yearly installments

3.

Eligibility

Minimum Land area 5 acres of wet land / irrigated land

One Drip Irrigation set for 1 hectare (2.5 acres) of wet land

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 %

4

Document

Prescribed application form

7/12 extract, 8 A, declaration  with sign & stamp

No dues certificate of concern area branches, Society resolution & branch recommendation

Borrower should also be a member of Sugarcane Factory by having shares.