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 | | Link to: Farm Mechanization |
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| Land Reclamation & Development |
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| Features | | | | Forms & Documents | | | | FAQs | | |
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| LOAN FOR LAND RECLAMATION & DEVELOPMENT |
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| Loan for Land Reclamation and Development provides hassle-free finance for land leveling, reclamation, bunding, and other soil conservation developmental activity. |
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| Eligibility:- |
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| Farmers having own land or cultivating Registered leased land. |
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| Quantum of loan:- |
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| As per NABARD, the quantum of loan depends on the unit cost with applicable margins. |
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| Margin:- |
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| Up to Rs. 1,00,000/- - Nil
Above Rs.1,00,000/- - 10% to 15%.
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| Rate of Interest And Processing charges:- |
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Please contact the nearest Union Bank branch for details
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| Repayment:- |
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| 3 to 5 years (Moratorium is permitted, to coincide with harvesting of crops/marketing of produce). |
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| LIST OF DOCUMENTS
DPN, Mortgage of land and/or third party guarantee.
To download the application form, please Click Here
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| 1. Are all farmers eligible for the loan? |
| Farmers having their own land and farmers having farms in registered leased lands are only eligible for this loan. |
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| 2. Is there any moratorium period available for the loan? |
| Moratorium will be decided considering the crop harvest or crop marketing period. |
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| Product Testimonial |
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| Quick Links |
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 | | Link To: Union White Card |
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