Medium Term Agriculture Loan


Medium Term Agriculture Loan

Beneficiery Farmers being member of PACS through PACS.  
Purpose Investment credit for instalation of pump set, purchase of Agri. Implements land reclamation, construction of bunds, poultry,piggery,purchase of milch cattle, gobber gass plant and allied activity.
Rate of interest 11.50% from soc.,13.50% pacs from members.  
Margin As per scheme        
Repayment 5 yrs.        
Collateral security 150% of loan amount, calculated as per govt. rates.
Area of operation Loan shall be advanced in the area operation of Distt. Kapurthala
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