Jammu and Kashmir Bank Branch vilgam is going to conduct a loan mella for supporting farmers in the service area through j k bank High-Density Plantation Scheme, which aims to enhance apple production by promoting modern orchard practices.
Key Features of the High-Density Plantation Scheme:
Purpose: To provide financial assistance to apple growers for establishing high-density apple orchards, covering costs such as plant material, drip irrigation systems, trellis systems, and operational expenses for the initial years until the orchard becomes productive.
Eligibility: All individual farmers or joint borrowers owning cultivated land or apple-bearing orchards are eligible. A minimum of 1 kanal and a maximum of 20 kanals of land .
Loan Details: J&K Bank offers collateral-free loans up to Rs. 5 lakhs under this scheme, with competitive interest rates. The repayment period can be on relaxed terms and conditions.
For more detailed information or to apply for the scheme, farmers are encouraged to visit or contact the jammu and kashmir branch Vilgam directly. Bank representatives can provide personalized assistance and guide applicants through the process to ensure they can fully benefit from the scheme.
