Horticulture & Forestry Development Loans
Overview
The bank extends financial assistance to individual farmer or group of farmer for the Activities relating to the establishment/ maintenance of the Nurseries of ornamental plants and trees, orchards and quick growing trees and shrubs. Indicative list of activities are Grafting, Layering, Budding, construction of fence, Purchase of planting materials, Preparation of land, seeds and seedlings, fertilizers, pesticides etc.
Who is eligible for the Loan?
Individuals and group of farmers.
Extent of Exposure
Min. Rs. 20,000.
Max. Rs. 50 lacs.
Tenor
Fixed based on the gestation period of different crops.