Introduction

Sustainable Development of Coconut Cultivation.

Eligible activities for Financing

Loan Category	Purpose	Maximum loan per acre Rs.	Grace Period Years	Pay back Period years	Interest Rebate
Coconut New Planting and Inter Cropping	Coconut New Planting, Intercrops, soil and Moisture Conservation, Fertilizing & Maintenance	75,000/-	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Coconut Replanting and Inter cropping	Removal of Senile Coconut Plantation & Replanting with Inter crops, Soil & Moisture Conservation, Fertilizing & Maintenance	75,000/-	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Rehabilitation of Coconut Lands & Intercropping	Intercropping Soil & Moisture Conservation, Fertilizing & Maintenance	75,000/-	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Coconut Rehabilitation	fertilizing, Mulching, Soil & Moisture Conservation, Establishment of cover crops, Removing excess plants, Filling vacancies and Applying Pesticide	25,000/-	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Coconut Mono Cropping	Coconut Mono Cropping, Soil & Moisture Conservation	10,000/-	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Establishment of Drip Irrigation System	Agro wells, Water Pumps, Drip Irrigation System	75,000	1	5	1st Yr 100% 2nd -4th 50% 5th Yr 100%
Establishment  of Hose Irrigation System	Agro wells, Tube Wells, Tubing System	25,000/-	1	5	1st Yr 100% 2nd-5th 50%
Establishment of Intercrop Nurseries	Establishment and Maintenance of Nurseries for planting Materials for Inter crops in coconut Lands.	75,000	1/2	2	1st Yr 100%
Farm Machinery for Coconut	Purchasing of Farm Machinery for Coconut Intercrop Farming	75,000/-	1/4	5	1st Yr 50%
Cattle Farming under Adult Coconut Plantations	Construction of Cattle Sheds, Purchasing of Animal and Equipments (Land extent should be at least 1 Acre or more and at least two female animals should be rear	75,000/-	1	5	1st-3rd 100% 4th Yr 50% 5th Yr 100%
Sheep and Goat Farming under Adult Coconut Plantation	Construction of shed and Purchasing of Equipments (Land extent should be at least 1 acre or more & one male and 6 female animals should be rear	75,000/-	1	5	1st-3rd 100% 4th Yr 50% 5th Yr 100%

Securities

• Two Personal Guarantors acceptable to the Bank or
• Mortgage over movable or immovable property or
• Other securities acceptable to the Bank.