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  • Crop production loan for raising Mulberry crop.
  • Purchase of eggs.
  • Purchase of rearing equipments.
  • Construction of rearing house.
  • Establishing reeling unit.
  • Farmers cultivating own land/registered leased land with irrigation facilities for cultivation of mulberry.
Margin Up to ₹ 1.60 lakhs - Nil
Above ₹ 1.60 lakhs -15-25%
Security
  • Up to ₹ 1.60 lakhs – Hypothecation of assets created out of bank loan + Compulsory coverage under CGFMU
  • Above ₹ 1.60 lakhs – Hypothecation of assets plus mortgage of land + Compulsory Coverage under CGFMU
Repayment Period Sericulture-New Plantation – 4 Years Term
Sericulture-Equipments – 3 Years Term
Sericulture-Rearing House – 5 Years Term
Periodicity – Half yearly payment
The loan for cultivation of Mulberry, rearing of silk worms, construction of rearing house, purchase of equipments, etc. is repayable in 3 to 7 years in half yearly instalments including a gestation period of 11 months.
Tray system – 7 years & Shoot rearing system – 6 Yrs
The loans granted for cultivation of mulberry and silkworm rearing should be recovered within a year by quarterly instalments or marketing of cocoons whichever is earlier.
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Last updated on 24-06-2024 05:50 AM

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