Plantation Development Loans

Plantation Development Loans


Over the years, horticulture has emerged as one of the potential agricultural enterprise in accelerating the growth of Indian economy. India, with its wide variability of climate and soil, is highly favorable for growing a large range of horticultural crops such as fruits, vegetables, potato, tropical tuber crops, ornamental crops, medicinal and aromatic plants, spices and plantation crops like coconut, cashew, cocoa, tea, coffee and rubber. Its role in the country's nutritional security, poverty alleviation and employment generation programs is becoming increasingly important.

To boost the growth in this area, Federal Bank offers loan facilities for horticulture





Did You Know ?
Did You Know

Eligibility

All farmers possessing agricultural land are eligible to apply.

Loan tenure

Loan tenure up to 14 years.

Loan Availability

Avail loan up to 85 to 90 % of the project cost / cultivation expenses.