| 1. |
ELIGIBILITY |
Entrepreneurs/Eligible Entities meeting the requirements as per the scheme guidelines. |
| 2. |
PURPOSE |
Financing facility aimed towards employment generation, entrepreneurship development, increase in per animal productivity and thus targeting increased production of meat, goat milk, egg and wool under the umbrella scheme development programme |
| 3. |
EXTENT OF LIMIT/ LOAN |
Need based credit facility |
| 4. |
SUBSIDY |
Capital subsidy maximum up to 50% of the Project cost or Rs. 50.00 Lakh depending upon the activity. |
| 5. |
SECURITY |
- Primary – Hypothecation of assets created out of Bank loan.
- Collateral – As per Bank’s extant guidelines
- Coverage under CGTMSE is applicable.
|
| 6. |
MARGIN |
Minimum 10% |
| 7. |
RATE OF INTEREST* |
Starting from 11.00% p.a |
|
*Subject to change from time to time
For more information or any query related to the scheme, kindly visit your nearest PGB branch.
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