Kissan Zarri Taraqiati Loan (KZTL)
Loan for individuals who require working capital/funds to finance the below mentioned activities and are able to provide land, vehicle or gold ornaments as security to the bank.
Purpose of loan
Solar Power Plant for Tube well/Turbine, Tractor, Trolley, Laser Level, Rotavator or purchasing of any other agricultural equipment.
Working Capital for purchase of Crop Inputs i.e. seeds, fertilizers etc.
|Loan Amount||Minimum Loan Amount: Rs.50,000
Maximum Loan Amount: Rs.1,000,000
|Loan duration||Minimum: 3 Months
Maximum: 27 Months
Semi Annually / Lump sum
|Collateral||Up to Loan Amount of Rs.150,000
Loan amount Rs.150,001 to Rs.1,000,000
|Disbursement to||Individual farmers having land holding up to 12.5 Acres either own or leased.|
|Interest rate||29% p.a. (Declining)|
|Fee and charges||As per bank SOC|
|Free Insurance *||