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SCHEME FOR FINANCING SELF-PROPELLED COMBINE HARVESTERS

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.

 

EXTENT OF LOAN

REPAYMENT OF LOAN: 5-7 years in half-yearly instalments.

 

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