Animal Husbandry Loan
| Eligibility |
Farmers & Agriculturists. |
| Purpose | Seasonal loan for marketing cash crops.Purchase of tractors, power tillers & other farm machinery. |
| Quantum of Loan | 40% for cash crops. 60% of machineries cost. |
| Rate of Interest |
13% per annum. |
| Repayment Period |
3 – 6 months for cash crops. 5 years for tractors & 3 years for power tillers. |
| Security | Primary: Hypothecation of cash crops. Hypothecation of tractors & power tillers. Collateral: Moveable / Immoveable Property. |
| Documents Required |
Land Ownership Certificate.
|
For further information, please contact our nearest branch or the Credit Department at Head Office, Phuentsholing.
Foreign Exchange Rate
| Note | Buy | Sell |
|---|---|---|
| US Dollar | 54.10 | 55.90 |
| Pound | 82.30 | 84.55 |
| EURO | 69.65 | 71.60 |
| Yen(100) | 52.75 | 54.25 |
| Swiss Franc | 55.90 | 57.50 |
| Hongkong Dollar | 6.95 | 7.15 |
| Canadian Dollar | 52.65 | 54.15 |
| Australian Dollar | 52.95 | 54.40 |
| ingapore Dollar | 43.15 | 44.35 |
| Danish Kroner | 9.35 | 9.60 |
| Norwegian Kroner | 9.25 | 9.55 |
| Swedish Kroner | 8.10 | 8.35 |
| As on 21.05.2013 | ||
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