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Installation of Gobar Gas/Bio-gas Plants

Particulars Guidelines under the scheme
Purpose To provide finance to farmers for solar energy home lighting system in rural and semi-urban places for renewable source of energy.

Eligibility

  • Farmers having sufficient source of income for servicing the loan interest and installment. However, focus would be on our existing BKCC holders who do not have reliable source of electricity for domestic purpose
Quantum of Loan the maximum loan amount will not exceed Rs 50000/-
Nature of facility Term Loan
Rate of Interest
  • As per RBI/Bank’s guidelines revised from time to time.
Margin
  • 15% of the project cost
Repayment Period
  • The loan is to be repaid within 5 to 7 years
Security
  • Hypothecation of solar system.

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