| Eligibility |
Farmers & Agriculturists.
|
Purpose |
- Seasonal
loan for marketing cash crops.
- Purchase of tractors, power tillers &
other farm machinery.
|
| Quantum of Loan |
40% for cash crops.
60 - 70% of machineries cost.
|
Rate of
Interest |
13% per annum.
|
Repayment
Period |
3 - 6 months for cash crops.
5 years for tractors & 3 years for power tillers.
|
| Security |
Primary:
Hypothecation of cash crops.
Hypothecation of tractors & power tillers.
Collateral:
Moveable / Immoveable Property.
|
Documents
Required |
-
Land Ownership Certificate.
-
Recommendation from AMC, Paro
and Dzongkhag (If Government subsidy is available).
|
