Credit for Setting up of Agricultural Service Centre

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.