Nationalized Banks

Crop loan

Purchase of inputs for crop production, other short-term requirements, and consumption needs.

Owner cultivators and farmers who are cultivating authorized leased lands are also eligible.

Need based, depending upon scale of finance.

Loans for homestead /kitchen gardening

Working capital loan for mixed cropping and for allied activities.

For farmers owing one acre of land with allied activity.

The maximum eligible amount is Rs. 25,000/-.

Loans for sericulture

For cultivation of mulberry, rearing of silk worms, construction of rearing house, purchase of rearing equipments / wire mesh / disease free layings.

Farmers having license / permission from Sericulture Department for rearing silkworms are eligible.

Need based

Loans for mushroom cultivation

To meet the investment and working capital requirement for mushroom cultivation in the initial year and mushroom spawn production

Persons People with adequate experience in mushroom cultivation.

Need based

Loans for marketing agricultural produce

To help farmers store their produce in an approved godown or warehouse or in farmers’ residence to prevent distress sale by facilitating renewal of crop loans

All categories of farmers having agricultural produce in custody. Some banks limit this facility to farmers availing crop loans from the same bank.

The loan amount will be 60-75 % of the value of the produce with subject to a maximum of Rs. 5.00 lakhs.

Loans for exporting agricultural produce

For purchase/processing/
manufacturing/packing of agro products for exports including purchase of fertilizers, pesticides, other inputs, post harvest expenses for making shipment.

Export Oriented Units (EOUs) having expertise/technical know-how and having Firm Orders/Contracts/LCs.

Need based

Loans for development of horticulture/plantation crops

All capital cost for establishing/maintaining estates, nurseries, plantations, nurseries and orchards. 

Only owner cultivators or permanent tenants or as lease holders for reasonably long period are eligible.

For a maximum of 50% of the value of the asset created or land

Loans for forestry development

For the development of nurseries and raising forestry trees.

Individual or groups having land ownership or perpetual tenancy are eligible.

Need based

Loans for minor irrigation

Purchase of electrical motors, oil engines, pump sets, pipelines, solar pump sets, installation of drip/sprinkler irrigation systems.

Only owner cultivators are eligible.

Up to Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. Above Rs. 50,000/- upto 85 % of the cost of the asset / project is given as loan.

Loans for farm mechanization

For purchase of tractors, power tillers, trailers, combine harvester, grain threshers, sprayers, dusters, ploughs, drills, mechanical weeders or any other modern agricultural machinery.

Farmers owning mare than minimum acreage of (for power tillers 2 acres, for tractors 4 acres for > 35 HP and 6 acres for above 35 HP and for combine 8 acres) perennially irrigated lands are eligible.

Up to Rs. 50,000/- 100 % of the cost of the asset is provided as loan. Above Rs. 50,000/- up to 85 % of the cost of the asset provided as loan.

Loans for marketing agricultural produce

To help farmers store their produce in an approved godown or warehouse or in farmers’ residence to prevent distress sale by facilitating renewal of crop loans

All categories of farmers having agricultural produce in custody. Some banks limit this facility to farmers availing crop loans from the same bank.

The loan amount will be 60-75 % of the value of the produce with subject to a maximum of Rs. 5.00 lakhs.

Agricultural term loans

Purchase of assets /creation of assets connected with rural activities under agriculture, horticulture, plantation, sericulture, animal husbandry, fisheries etc.

Only owner cultivators are eligible

Up to Rs .50,000/- 100 % of the cost of the asset / project cost is provided as loan. Above Rs. 50,000/- upto 85 % of the cost of the asset/project is given as loan.

Loans for purchasing agricultural

Loan to small and marginal farmers / landless labourers for purchase of agricultural land.

Small/marginal farmers, tenants, share-croppers owning less than 5 acres of unirrigated / 2.5 acres irrigated land in their own name and landless agricultural labourers, with record of prompt repayment of loans are eligible to avail this loan.

Maximum loan amount under the scheme will be Rs. 5 lakh.

Loans for poultry units

For establishing / improving layer / broiler farms and hatcheries including purchase of chicks, feeds, medicines, equipments, feed mixing plants, construction of poultry sheds, also for rearing ducks / turkeys / quails.

Person having experience / knowledge in poultry.

Up to Rs.3 lakhs for every 5000 bird planned to be reared. A maximum loan will be Rs. 15 lakhs. Up to Rs. 50,000 – 100 % finance is given. Above Rs. 50,000 - 85% finance is given.

Loans for sheep and goat rearing

For purchase of sheep, goats suited and construction of stalls for housing the animal.

Small and marginal farmers and agricultural labourers desirous of undertaking sheep/goat rearing

Need based

Loans for dairy units

Purchase of good quality high yielding milch animals, viz., cows/buffaloes or cross bred cows for milk production

Individuals undertaking dairying

Need-based loan is provided.

Loans for piggery unit

For breeding and/or rearing of pigs.

Farmers/agricultural labourers and individuals desirous of undertaking piggery as a commercial/ subsidiary activity

Need based.

Loans for bee-keeping

To meet fixed costs like purchase of colonies, bee-boxes, honey extractors, smokers, bee knife etc and recurring costs like purchase of foundation sheets, sugar, medicines, gloves, etc.

Small and marginal farmers/ agricultural labourers who are trained in bee keeping

Need based term loan.

Loans for biogas plants

To meet the investment cost of setting up biogas plants

Farmers having adequate number of cattle commensurate with size of plant proposed to be set up are eligible

Need based depending upon models and capacities of biogas plant

Loans for marine fisheries

Purchase / construction of mechanized fishing vessels, fishing equipments, working capital requirement for voyages

Well experienced fish farmers with suitable land, professional fishermen

Loan amount based on requirements of project report submitted by intending borrower

Loans for inland fisheries

Construction / deepening / widening /desilting of ponds, purchase of fingerlings, equipments, manures, feeds and labour inputs.

Well experienced fish farmers with suitable land, professional fishermen are eligible

Amount of loan according to the requirements of project report submitted by intending borrower.

Loans for rural godowns and cold storage

Construction, expansion, modernization and renovation of rural godowns

Godowns with capacity up to a maximum of 10000 MT capacity will be financed under the scheme.

2/3 rd of the cost of estimation will be allowed as a loan amount under the scheme with the same not exceeding Rs. 1200 per ton of storage capacity

Loan for rainwater harvesting

Financing farmers for harvesting rain water and storing it for use at times of water scarcity.

Farmers having land holding of 0.50 acre or more are eligible.

Maximum loan amount is Rs.88,000.

Loans for farm buildings and structures

Construction of farm building and structures

Only owner cultivators are eligible

For a maximum of 50% of the value of security

Loan for land development

Activities like land clearance, land leveling and shaping, bunding and terracing for hilly areas, drainage, reclamation of saline/alkaline soils and fencing etc.

Only owner cultivators are eligible

Up to Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. Above Rs. 50,000/- upto 85 % of the cost of the asset / project is given as loan.

Loan for purchase of vehicles for  agricultural purpose

For purchase of brand new light and heavy motor vehicles for agricultural activities.

Agricultural cultivating in his own land or engaged in allied activities such as dairy, poultry, sericulture, fish farming, etc.

 Purchase of heavy vehicles for big farmers owning at least 15 acres of perennially irrigated land.

Need based

Kisan Credit Card

For meeting the cultivation needs of farmers and other short term requirements including those of subsidiary / allied activities and consumption needs.

Individual farmers / joint borrowers / partnership firms/ private & public Ltd. companies who are owner cultivators / engaged in allied / subsidiary activities. Farmers who are cultivating authorized leased lands are also eligible. The farmer should not be a defaulter of any Financial Institution.

For limits upto Rs.50,000/- :Nil
For limits above

Scheme for cultivation of medicinal plants

For financing cultivation of important medicinal plants which are in great demand

Quantum of loan, tenor and repayment period depend on the plant cultivated. Buy back arrangement necessary.

Scheme for cultivation of vanilla

Financial assistance for cultivation of vanilla either as pure crop or as inter crop

Scale of finance / ha pure crop rs.2,50,000 / inter crop rs.2,10,000

Jetropha cultivation

financing cultivation of biodiesel plant

Suitable for semi arid and arid regions. Waste lands can be utilised for cultivation of Jetropha.

Agri. Loan to non resident Indians

The NRIS owning land can avail agricultural loan to carry out agricultural operations in their farm lands. Loan shall be sanctioned to the close relatives of NRE