Section 6 in The Rajasthan Land Development Corporation (Special Loan) Regulations, 1978
6. Period of Loan.
- The maximum period of repayment will be 15 years including grace-period, if any. The loan for water courses lining drainage, etc. would be repaid in half yearly equal/equated instalments, the first instalment falling due six months after the completion of work. If considered necessary the gestation period upto 2 years may be allowed in suitable cases. In case where loan sanctioned also involves loan for land levelling it would be repaid in half-yearly equal/equated instalments after two years of the completion of work. However, in such cases, interest will be recovered even during the first two years.
