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   LENDING - CONCESSIONARY LENDING SCHEMES
 
1) Perennial Crops Development Project Scheme
2) Credit Enhancement Facility for Private Enterprises
3) Tea Development Project Scheme
 
3) Tea Development Project Scheme  

Objectives

 
To increase productivity in the Small Holder Sector.  
   
   

Salient Features
Eligibility criteria


 
For What Purpose
 
Replanting and infilling
Nursery operations  
Rehabilitation/modernization of bought leaf factories  
Purchase of vehicles for leaf transportation  
Construction of leaf collecting centres  
   
Charges  
Replanting and infilling - Average Weighted Deposit Rate + 2% p.a.
Nursery Development - Average Weighted Deposit Rate+ 6% p.a.
Factory Rehabilitation - Average Weighted Deposit Rate+ 6% p.a.
 
   
   
   
Term  

Replanting and infilling -
17 years with a grace period of 7 years (Negotiable)

Nursery Development -
7 years with a grace period of 2 years (Negotiable)

Factory Rehabilitation -
7 years with a grace period of 2 years

 
   
 
 
FOR A PRINT FRIENDLY VERSION

 

 
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