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Banking & Credit :: CANARA BANK

10. Loan for Sericulture

Purpose For cultivation of mulberry, rearing of silk worms, construction of rearing house, purchase of rearing equipments / wire mesh / disease free layings (DFL).
Eligibility License / permission from Sericulture Department for rearing silkworms in the area, wherever required.
Technical assistance from Sericulture Department or any other organization dealing with sericulture development should be available on continuous basis.
Margin For limits upto Rs.25,000/-    : Nil
For limits above Rs.25,000/- : 15-25%

11. Loan for Purchasing Agricultural Land

Purpose To purchase, develop and cultivate agriculture as well as fallow and waste lands.
Eligibility Small & Marginal farmers / Share Croppers / Tenant farmers satisfying certain norms related to total land holding.
Margin Minimum 20%

12. Loans for Poultry and Duck rearing

Purpose For establishing / improving layer / broiler farms and hatcheries including purchase of chicks, feeds, medicines, equipments, feed mixing plants, construction of poultry sheds, also for rearing Ducks / Turkeys / Qualis.
Eligibility Person having experience / knowledge in poultry.
Margin Minimum 20%

13. Export Credit

Purpose For purchase/processing/manufacturing/packing of agro products for exports including purchase of fertilizers, pesticides, other inputs, post harvest expenses for making shipment.
Eligibility Export Oriented Units (EOUs) having expertise/technical know-how and having Firm Orders/Contracts/LCs.

14. Produce Loan

Purpose To keep the produce in an approved godown or warehouse or in farmers’ residence enabling them to sell the produce for a better price of a later date.
Eligibility 1. Farmers who have availed Crop Loan /KCC.
2. Farmers who have not availed Crop Loan /KCC.
Maximum Limit Rs.10 lacs per party
Repayment Within 12 months from the date of grant

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