Apiculture is the practice of beekeeping, where bees are kept for honey and other bee products. It can be a profitable activity as there is a growing demand for honey, bee wax, and other bee products in the domestic and international market.

Individuals or groups of individuals, including farmers, self-help groups (SHGs), and companies, who are engaged in beekeeping activities can apply for financing for apiculture from Union Bank of India.

The maximum loan amount that can be availed for apiculture financing from Union Bank of India depends on various factors, such as the nature of the beekeeping activity, the borrower's creditworthiness, and the repayment capacity.

Yes, collateral is required to avail financing for apiculture from Union Bank of India. The collateral can be in the form of the land, building, or other assets of the borrower.