| 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. | ||