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Krishik Sinchana Scheme

Krishik Sinchana Scheme

Purpose:

  • Financing all types of minor irrigation projects.

Eligibility*:

  • Individual, Firm, Company, HUF and Trust engaged in Agriculture Activities.

Limit:

  • Maximum upto ₹ 100.00 lakh.

Margin:

  • Minimum 15% on the cost of equipments/project cost.

Period:

  • Up to 9 years.

Security:

  • Up to ₹ 1.00 lakh:
    Hypothecation of crops and assets purchased out of Bank loan.
  • Above ₹ 1.00 lakh:
    • Hypothecation of crops and assets purchased.
    • Collateral security of Agriculture land/commercial/residential properties covering at least 100.00% of loan amount.

Repayment:

  • Yearly Installments coinciding with harvesting/marketing of crop.

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

*Conditions Apply

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