Beneficiary |
Any individual farmer holding the agriculture land |
Purpose |
To purchase the agricultural implements. |
Loan Limit |
Maximum amount Rs 8.5 Lacs. |
Rate of Intt |
11.25% |
Margin |
15% |
Repayment Period |
Maximum 5 years. |
Collateral Security |
Collateral security valuing 150% of the loan amount. |
Area of Operation |
Loan shall be advanced in the area operation in the Muktsar district. |