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Scheme For Financing Kitchen Gardening

PURPOSE
Loan is given for initial expenditure on fencing, purchase of inputs like seeds, fertilizers, plant protection chemicals, Land development, Small gardening equipments.

ELIGIBILITY: Applicant be employed in a Government/Semi-Government unit or in a Co-operative/Private Sector Organization of repute. However, he/she should not be working as an ad-hoc employee; Professional and self-employed person having previous dealings with the financing branch; Pensioner of Central/State Government or other Government Undertakings and should be having pension account with financing branch; Wives of employees of Government/Semi Government bodies and other organizations as aforesaid are also eligible provided loan for the purpose has not been raised by their husbands; Staff members are also eligible provided they have sufficient space to undertake such activities; Applicant must have vacant land in/around residential house with right to use such land; He/she should have a deposit account with bank for at least six months; The applicant should have adequate income for repayment of loan.

NATURE & EXTENT OF LOAN: Short term loan upto Rs.5000/-.

REPAYMENT OF LOAN: One year