Piggery Loan


Piggery Loan

Beneficiery Individual entrepreneurs, farmers, producer companies etc.
Purpose Setting up of pig rearing and breeding farms.
Loan Limit Max. Rs.10.00 Lacs
Rate of interest 10.25%
Margin 15.00%
Repayment Maximum 5-6 years in equated monthly instalments including grace period of one years.
Collateral security Time pronote, Hypothecation of the animals to be financed by the bank, Guarrantee of two persons having sufficient net worth. No Collateral security for upto Rs. 1.00 lacs. Loan for  above Rs.  1.00 lacs collateral security required 150% Loan amt.
area of operation Loan shall be advanced in the area operation of Distt. Kapurthala.
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