Minor Irrigation Schemes

Who are eligible for Term Loans :

All farmers having a known source of water which can be exploited for irrigation purpose.

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 provided as loan.

Security

1. Upto Rs. 10,000/-Personal Guarantee
2. Above Rs. 10,000/-
   1. Personal Guarantee
   2. Mortgage of land
3. Upto Rs.50,000/-
1. Hypothecation of the asset created
4. Above Rs.50,000/- to Rs. 1 lac
   1. Hypothecation of the assets created
   2. Mortgage of land or third party guarantee
5. Above Rs. 1 lac-
   1. Hypothecation of the assets created
   2. Mortgage of land