Schemes for Financing Purchase of Animal Drawn Vehicles i.e. Carts and Drafts Animals

PURPOSE :

Loan is given for purchase of draft animals, animal drawn carts for transport of agriculture inputs & farm produce and other such purposes.

ELIGIBILITY :

Farmers owning minimum 2 acres of land.Persons belonging to category of `Landless agriculture labour' are also financed for purchase of animals and carts for providing self-employment.

Purchasing of animals&repayment

1. Bullocks - 4 years
2. buffaloes & drawn carts (Jhota Buggies)-4-5 years
3. Camels - 5 years
4. Bullocks & carts - 5-7 years
5. Animal drawn carts - 5-7 years
6. Camels & carts -5-7 years