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Tarun Plus Scheme

Tarun Plus Scheme

Target Group The Existing units/ projects who have availed and successfully repaid previous loans under Tarun Category (Mudra loans above Rs 5 lakhs to Rs 10 lakhs) from time to time to be complied.
Purpose All Activities allied to Agriculture e.g. Pisciculture, Bee keeping, Poultry, Livestock rearing, grading, sorting, aggregation, Agro industries, Dairy, Fishery, Agri Clinic and Agribusiness centers, Food and Agro processing etc shall be eligible for coverage under Pradhan Mantri Mudra Yojana (PMMY) as per extant guidelines of the scheme.
Facility Type 1.Term Loan

2. Working Capital

Loan Amount  Minimum:  above Rs 10.00 Lakhs

Maximum: Rs 20.00 Lakhs

Margin (Promoter’s Contribution)  20%
Security Primary Security: Hypothecation of assets created out of the loan proceeds.

Collateral Security: Nil

Loan amount mandatorily to be covered under CGTMSE /CGFMU and fee will be paid by applicant

Rate of Interest  

1 Y MCLR + Spread 3.00%

Repayment

Period

 

Maximum Repayment : Upto 84 Months for Term Loans
Upfront fees / Processing

charges

Processing Charges, Documentation charges and Other Charges as per Service Charges Circular.
Others As per extent guidelines issued by Bank

( Last modified on Apr 13, 2026 at 11:04:15 AM )

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