Beneficiary

Any individual farmer holding the agricultural land.

Purpose

Credit facility for meeting out socio-economic and agricultural needs

Loan Limit

Maximum amount RS 8.00 lakhs or RS 1.50 lakh per acre.

Rate of Interest

12%

Margin

No Margin required.

Repayment Period

Renewable on annual basis.

Collateral Security

Agriculture Land valuing at 150% of the Loan amount.