Financial assistance will be made available for the following purposes:
- Fixed cost such as
Purchase of equipments such as bee-boxes, honey extractors, smokers, bee veil, bee knife, hive tool, queen gate, feeder, solar wax extract plastic drums for storing honey, sting proof rubber gloves, etc.
- Recurring Costs
Purchase of foundation sheets, sugar, medicines, gloves, etc.
- Term loan. Provision for initial recurring costs will also form an integral part of term loan only.
Small/ marginal farmers/agricultural labourers who are trained in beekeeping. Individuals who possess adequate experience in bee-keeping and are desirous of taking up bee-keeping activity on commercial basis.
A certificate to be obtained from Govt. department concerned/ RSETI to the effect that the borrower has sufficient skills / experience to handle the business.
Applicable MCLR+0.50% (Floating).
Maximum door to door repayment period shall be 5 years. Principal alongwith interest shall be paid in equated monthly instalments after moratorium period.