Eligibility – Persons engaged in agricultural activity and who own agriculture land.
- a) Purchase of tractor, power tiller or any other farm machinery from agriculture machinery from authorized dealers.
- b) Orchard plantation and development /maintenance. Cardamom Plantation, Bee Keeping, Mushroom Plantation, fertilizer, Fresh Veg, BIO Gas, etc.
Tenure: Maximum 5 years
DOCUMENT CHECK LIST:
Citizenship Identity (CID) copy of both the applicant and the guarantor if the loan is also secured by Third Party Guarantor.
- One recent Pass Port size photograph of the applicant.
- land Ownership certificate and Insurance Certificate of the building- If Applicable
- For Family Ownership, NOC from immediate family members (18 years and above) to avail the loan.
- Copy of the Quotation/Invoice for tractor, power tiller or any other farm machinery from authorized dealers for purchase of the above equipment.