PURPOSE:
Loan is given for financing purchase of combine harvester.
ELIGIBILITY: In case of farmers: Applicant should be able to maintain and run combine harvester or should make suitable arrangements for the same. In case of persons other than farmers: Applicant should be technically qualified having adequate know-how, skill and managerial ability to run custom service units. In case of State Agriculture Farms/Corporations: State Agriculture Farms/ Corporations engaged in land development activities should have adequate resources and command area to run and maintain combine harvesters.
EXTENT OF LOAN : Need based.
REPAYMENT OF LOAN: 5-7 years in half-yearly instalments.