Small Road and water Transport Operators SCHEME (SRWTO)

abhishreshthaa

Abhijeet S
Borrowers Individuals, groups of individuals, including partnership/ proprietary firms and co-operative enterprises. The borrowers should be from the rural areas and should utilise the vehicle mainly for transportation of Rural Farm and Non-Farm Products and inputs and passengers to/ from marketing centres.


The borrower or his employee should possess a valid driving licence and the vehicle should be duly registered with the Regional Transport Authority as public transport vehicle.

Refinance ceiling Maximum of Rs.15 lakh per borrower


Repayment period 5 years with moratorium of 6 months.


Eligible vehicles Transport vehicles including Light Motor vehicles, Jeeps, Autorickshaws, Water transport units (boats, launches etc.)
 
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