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Krishik Pushpankura Scheme

Krishik Pushpankura Scheme

Purpose:

  • Establishment and maintenance of floriculture units, nurseries and tissue culture units.

Eligibility*:

  • Individual, Firm, Company, HUF, SHG etc.

Limit:

  • Maximum loan amount/limit ₹ 200.00 lakh.
  • Term loan –up to 85.00% of the total project cost.
  • Overdraft - up to 75.00% of recurring cost of one operating cycle.

Period:

  • Term loan -Maximum 9 years
  • Overdraft- One year

Security:

  • Hypothecation of flower crops / saplings/ plant materials / machineries / assets acquired out of Bank loan.
  • Collateral security of properties equivalent to 100% of the loan amount/limit.

Repayment:

  • Term loan- In Quarterly/half-yearly/yearly Installments.

The above information is subject to terms and conditions.For more details, please contact the nearest Branch

*Conditions Apply

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