Purpose

To encourage cultivation of Horticulture Crops like coconut, mango, pomogranate, grapes, pepper, coffee, amla, arecanut, betelvine and other horticulture crops

Eligibility

All farmers having own land suitable for cultivation of the selected crop

Loan amount and Mode of disbursement

As per unit cost fixed by NABARD from time to time.
The Disbursement will be made in stages over the years till the plants starts yielding

Type of Facility

ATL

Repayment

Repayable in Half Yearly/Yearly instalments and period of advance is extendable upto 15 years based on the age at which the plantation starts economic yield. Until such time the gestation period for repayment of loan is allowed. However, interest has to be serviced during the gestation period

Interest Rate

As applicable to ATL

Other Conditions

• Assured irrigation – borewell with sufficient yield or any other perennial source
• Income sources for sustenance and servicing of interest during the gestation period
• Soil and water test report for the suitability to be produced at the time of sanction
• Assured availability of marketing to be ensured