Horticulture / Plantation Activities
Horticulture / Plantation Activities | |
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Type of Facility | Term Loan (TL) |
Purpose | Cultivation of fruit crops-Mango, Pomegranate, Grapes, Guava etc |
Eligibility | All persons engaged in raising fruit gardens, plantations and nursery crops as owners of land or permanent tenants or as lease holders (for reasonably long period). |
Amount | As per NABARD/NHB Unit costs/ Project costs |
Margin |
(Depending upon purpose & quantum of finance) |
Rate of Interest | ROI shall be as applicable to Agricultural advances |
Security |
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Repayment | Within 7-15 years including gestation period. Coinciding with harvesting of crops/marketing of produce. |
Subsidy | Subsidy for the eligible projects is available from NHB/NHM |
Paper requirement |
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