Loans under this head cover various activities like land clearance(removal bushes, trees, etc.), land leveling and shaping, contour/graded bunding, bench terracing for hilly areas, contour stone walls, staggered contour trenches, disposal drains, reclamation of saline/alkaline soils and fencing etc.
Who are eligible for Term Loans :All farmers owning agricultural land are eligible.
Loan Amount :Upto Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. Above Rs. 50,000/- upto 85 % of the cost of the asset / project is given as loan.
Security- Personal Guarantee
- Mortgage of land or third party guarantee at the discretion of the Bank
- Hypothecation of the assets created if any.
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