Horticulture / Plantation Activities
| Horticulture / Plantation Activities | |
|---|---|
| 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 |
|
| 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 |
|
