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Long Term Credit
Sericulture
FeaturesForms & DocumentsFAQs
 
LOAN FOR SERICULTURE
 
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.
 
Eligibility:-
 
Farmers cultivating own land/registered leased land with irrigation facilities for cultivation of mulberry.
 
Quantum of loan:-
 
As per NABARD, the quantum of loan will include unit cost approved.
 
Margin:-
 
Up to Rs. 1,00,000/- - Nil.

Above Rs.1,00,000/- - 10% to 15%.

 
Rate of Interest And Processing charges:-
 
Please click here to know our latest interest rates
 
Repayment Period:-
 
Plantation -- 4 years

Equipment -- 3 years

Rearing House -- 5 years

Reeling unit -- 7 years

 
Security:-
 
  • 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.
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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