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Loans for maintenance of Tractors under tie-up with Sugar Mills
Purpose / ObjectiveTo meet the cost of repairing and maintenance of tractors and farmers registered with sugar mill.
EligibilityTractor should be less than 15 years.
Amount of Loani) A maximum of Rs,50000/- for repairs of tractors.
ii) For replacement of engine - as per cost of engine of standard make of the tractor.
Margin15% of total project cost.
Interest Rates
Amount Slab(Rs. in Lakhs) Interest Rate
<0.50 BR+0.75+1-12.25%

RepaymentTo be repaid within 12 months.
SecurityThird party guarantee.
* BPLR and BASE RATE - Available in Home Page 

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