Minor Irrigation Schemes SBI provides credit for creating new source of irrigation by exploiting underground water, energisation of wells, conveyance of water, judicious use of available water, etc. Loans cover various activities like digging of new wells (open/bore wells), deepening of existing wells (traditional/inwell bore), energisation of wells (oil engine/electrical pump set), laying of pipe lines, installing drip/sprinkler irrigation system and lift irrigation system. Repayment Schedule The repayment schedule of this mode of credit may span 5 to 15 years, depending on the farm income. Margin i)   Upto Rs.10,000/- No margin. ii)   Above Rs.10,000/- 15% to 25% Collateral Amount of Loan Security to be furnished (i)   where movable assets are created(a) Upto Rs.25,000/-(b) Above Rs.25,000/- (a) Hypothecation of assets (b) Mortgage of land (or) third party guarantee. (i)   Where movable assets are not created (eg. Dugwells,development of land etc. (a) Upto Rs.10,000/-. (b) Above Rs.10,000/- DPN /Loan agreement.Mortgage of land.(a)Hypothecation of Asset(b)Mortgage of land or third party gurantee.