1 Maximum Limit Rs. 3.00 lacs or 85% of the project cost which ever is less per borrower or cost of land under crop.
2 Eligibility Coop. Society self-help groups, individuals.
3 Purposes Providing irrigation facilities to the standing crops/ raising off seasonal crops, sprinkler and drip irrigation.
4 Eligibility Criteria 50 times of the gross monthly salary of the applicant or Rs. 10.00 lacs which ever is less ensuring 35% take home salary by the loanee after payment of installment of loan.
5 Margin 15% of the total cost.
6 Repayment Period Maximum period of 10 years including moratorium period of 1 year.
7 Collateral Security The land under cultivation of the borrower shall be kept under charge of the bank.