www.mizoramruralbank.in

AGRICULTURAL TERM LOAN

PURPOSE

Agricultural activities which are long term in nature such as Oranges,Mango,Oil,Palm,Rubber Plantation, etc.

TARGET GROUP

Individuals (singly or jointly), Farmers, Agricultural labourers, Self-Help Groups (SHGs) and Joint Liability Groups (JLGs).

ELIGIBILITY

  • 18 to 70 yrs
  • Must have experience in the activity
  • Applicant must have own land for Cultivation/Plantation

LOAN AMOUNT

As Per NABARD/SLTC approved scale of Finance

MARGIN

  • Upto ₹ 1,60,000:-NIL
  • Above ₹ 1,60,000:-Minimum 10%

INTEREST RATE

  • As Prescribed by the Bank
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Largest Branch Network in
Mizoram.
Mizoram Rural Bank
Head Office : MINECO,Khatla
Aizawl - 796001
Mizoram
Nodal Officer for Customer Grievance Redressal
© Copyright 2021 Mizoram Rural Bank. All Rights Reserved.

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