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| Sericulture |
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| Features | | | | Forms & Documents | | | | FAQs | | |
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| LOAN FOR SERICULTURE |
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| Loan for Sericulture helps provide hassle-free and adequate credit for Mulberry cultivation, purchase of equipment, construction of rearing house, establishment of reeling unit, purchase of eggs, etc. |
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| Eligibility:- |
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| Farmers cultivating own land/registered leased land with irrigation facilities for cultivation of mulberry. |
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| Quantum of loan:- |
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| As per NABARD, the quantum of loan will include unit cost approved. |
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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 Period:- |
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| Plantation -- 4 years
Equipment -- 3 years
Rearing House -- 5 years
Reeling unit -- 7 years
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| Security:- |
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- Up to Rs. 1,00,000/- DPN, Hypothecation of assets created and crops.
- Over Rs. 1,00,000/- DPN, Hypothecation of assets created and crops, mortgage of land &/or third party guarantee.
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LIST OF DOCUMENTS
- Up to Rs. 1,00,000/- DPN, Hypothecation of assets created and crops.
- Over Rs. 1,00,000/- DPN, Hypothecation of assets created and crops, mortgage of land &/or third party guarantee.
To download the application form, please click here
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| 1. What is the maximum loan amount? |
| The maximum sanctioned amount will depend upon the approval of NABARD. |
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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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