- Bank Interest Rate cap of 9% ( otherwise Banks charge between 11% to 12.5%)
- Interest Subvention of 3% making Net applicable Bank Interest just 6% P.A
- Loan upto 2 Cr covered under CGTMSE with Govt. paying fees also.
With this amendment, Beneficiary will save a lot on Bank Interest and Green House Business has become more viable/profitable in future. To know more about this scheme, visit AIF site. To register/apply online under AIF Scheme, Beneficiary should upload Land documents and Detailed Project Report ( DPR) online with other information of Self and Project details at Apply under AIF. To know, which documents are needed by Banks to get loan sanctioned under AIF Click here . There is also Video Tutorial for guidance on Registration/Application Procedure in English and Hindi both.
In case of any assistance in applying the beneficiary should contact their local horticultural department or can contact us at 9814109631 on whatsapp/call. Also we assist in getting Bank Loan as Pioneer Agritech Solutions has tie-up with all leading Banks for these loans. We also provide all installation/Material of Structures and provide all services like Subsidy assistance, Bank Loan, Agronomy & Marketing support along with it. In Case, Beneficiary wants to go for big Projects of Poly/Net House, National Horticulture Board i.e NHB provides Subsidy @50% with maximum Project Cost Rs.1.12 Crores and also Beneficiary can get Subsidy on additional Components like Crop Subsidy, Tube-well, mulching sheet, Labour rooms etc. For more details on same visit our site or NHB site.