| Eligibility |
All farmers with 2.5 acres
of double cropped area or 5 acres of single cropped area
under irrigation
All farmers who have been availing loans from SBH over the
past
3 years with a good track record |
| Loan Limit |
75% of cost of vehicle, with a maximum
of Rs.30, 000 |
| Margin |
25% or balance of cost |
| Security |
Hypothecation of vehicle
Collateral required for loans above Rs.25,000/- |
| Repayment |
5 years with half yearly Instalments |
| Others |
Borrowers should possess valid driving
license |
