Loans for Horticulture Projects
Loan for Horticulture projects by KVB helps in covering needs of Plantation crops, Hi-tech farming and maintenance of Orchards & Poly houses.
Features and Benefits
- Horticulture loans to facilitate farmers with credit for the purchase of inputs, machinery, poly houses, drip irrigation installation, domestic consumption, etc.,
- With convenient repayment options for term loan facilities for up to 7 years.
- Minimum age - 18 years.
- Maximum age - 75 years at the end of loan tenor.
- For borrowers above the age of 70, co-borrower less than 60 years old is mandatory. Such a co-borrower should be legal heir / immediate family member.
|Facility Type||ROI (FLOATING ) p.a.|
|Production credit||One Year MCLR + 0.85%|
|Investment credit||One Year MCLR + 0.85%|