Purpose
Loans for development of plantation crops such as Rubber, Coconut, Arecanut, Cardamom, Tea, Coffee, Pepper etc.
Eligibility
All farmers having agricultural land.
Type of facility
Agricultural Term Loan
Cushion Period
Till plantation reaches yielding stage.
Loan Amount
85 to 90 % of the project cost / cultivation expenses.
Loan Period
Maximum up to 14 years.
Rates & Interest
See Rates & Interest Page
Security
Primary Security:
Hypothecation of Plantation crops.
Collateral Security:
Equitable Mortgage of developmental land.
Please contact your nearest branch for any further enquiries