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Long Term Credit
Land Reclamation & Development
FeaturesForms & DocumentsFAQs
 
LOAN FOR LAND RECLAMATION & DEVELOPMENT
 
Loan for Land Reclamation and Development provides hassle-free finance for land leveling, reclamation, bunding, and other soil conservation developmental activity.
 
Eligibility:-
 
Farmers having own land or cultivating Registered leased land.
 
Quantum of loan:-
 
As per NABARD, the quantum of loan depends on the unit cost with applicable margins.
 
Margin:-
 
Up to Rs.25,000                                            -- Nil

Above Rs.  25,000/- and upto Rs. 50,000/-       -- 5  to  10 %

Above Rs. 50,000/-                                       -- 10% to 15%.
 
Rate of Interest And Processing charges:-
 
Please click here to know our latest rate of interest
 
 
Security Documents
 
DPN, Mortgage of Land and/or third party guarantee.
 
Repayment:-
 
3 to 5 years (Moratorium is permitted, to coincide with harvesting of crops/marketing of produce).
I Anup Kumar Das, Son of Late Jiban Krishna Das, residing at Vill.- Paschim Nandabhanga, P.O.- Bakhrahat, P.S.- Bishnupur, Dist.- South 24-Parganas, West Bengal
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