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AGRICULTURAL LOAN SCHEME
AGRICULTURAL LOAN SCHEME
Maximum Loan Amount
Up to a maximum of Rs 10,000,000
Moratorium Period
Up to 1 year
Repayment Period
Up to 7 Years including moratorium
Purpose of Loan
Finance of farming-related expenses to improve productivity and manage cash flow: operating expenses; finance of equipment; infrastructure investments. Investment in modern agricultural methods: Precision Farming; Vertical Farming & Controlled-Environment Agriculture; Hydroponics & Aquaponics; Drip Irrigation; Smart Technology & Automation. Rehabilitation of idle/ abandoned agricultural lands to bring them back into productive agricultural use
Financing
90% of cost of project 10 % own funds
Eligibility
Young and Seasoned farmers; Small planters
Security
As per DBM terms & conditions