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The loan can be granted for raising tree crops including Tree borne Oil seeds like Jatropha (includes preparation of land, purchase of seeds/seedlings, fertilizers, pesticides and towards other expenditure involved for raising trees till they reach the age of bearing/harvest).

  • The applicant should be an owner/lessee cultivator.
  • Trees proposed to be raised by the applicant should have adequate demand and should be suitable for cultivation in the proposed area.
  • The State Govt. regulations, if any, should be adhered to.

Margin Up to ₹ 1.60 lakhs - Nil
Above ₹ 1.60 lakhs -15-25%
Security
Loan Quantum Security to be stipulated
For Loan upto Rs. 1.60 Lakhs Hypothecation of crops/assets created out of our finance.
For loans above Rs. 1.60 Lakhs to Rs. 2.50 Lakhs In States where online/Manual charge creation is not available In States where online/Manual charge creation is available
  • Hypothecation of crops/assets created out of our finance.
  • Mortgage of landed properties.
  • Hypothecation of crops/assets created out of our finance.
  • Creation of charge on land records.
For loan above Rs. 2.50 Lakhs
  • Hypothecation of crops/assets created out of our finance.
  • Mortgage of landed properties.
  • Hypothecation of crops/assets created out of our finance.
  • Mortgage of landed properties.
  • Creation of charge on land records.
Repayment Period 4-15 years by yearly installment including a gestation period of 6-7 years depending on the crop or in a lump sum depending on the maturity and harvest.

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Last updated on 12-07-2024 05:02 PM

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