Area of Operation - Loan shall be advanced in the area operation in the Gurdaspur district.
Beneficiary |
Any individual farmer holding the agriculture land. |
Purpose |
To purchase the agriculture implements. |
Loan Limit |
Maximum amount Rs.10 lakhs |
Rate of Interest |
11.25% |
Repayment Period |
Maximum 5 years. |
Collateral Security |
Collateral security valuing 150% of the loan amount. |