Loans are generally available for a tenure of 12 months to 84 months or
even more. Tax Benefits: According to the Income Tax Act of 1961.
The main objective of Haritha Cash Credit Loan is to provide loans to farmers at a low rate of interest. This loan is provided to anyone who is engaged in agriculture, allied activities or other non-farming activities. This loan can be availed to meet a variety of expenses related to farm activities, such as to purchase new farmland/ cattle or to manage the operating costs and other allied activities.
| Slab | Interest Rate |
|---|---|
| Upto and inclusive of Rs. 5,00,000/- | 13 % |
| Rs. 5,00,001/- to Rs.20,00,000/- | 13.5% |
| Rs. 20,00,001/- to Rs.50,00,000/- | 14% |
| Rs. 50,00,001/- to Rs.1,00,00,000/- | 14.5 % |
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