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Finance to be extended for farm development activities


  • Farmers owning land in their name as owners.
  • Farmers cultivating registered leased land where lease period is substantially more than the repayment period.
  • Land should be free from any encumbrance.

Nature of Facility

Term Loan


  • Up to Rs. 1.60 lakh : Nil.
  • Above Rs. 1.60 lakh : minimum 10%

Quantum of loan

  • As per NABARD unit cost & guidelines subject to economical viability of the project.


  • Loans up to Rs.1.60 lakh

Hypothecation of asset created out of bank finance.

  • Loans above Rs.1.60 lakh-
    • Hypothecation of asset created out of bank finance and;
    • Mortgage of land (Accepted value of land should not be less than  100% of loan amount) &/ or third party guarantee (means should not be less than 100% of loan amount).

Repayment period

  • Term loan to be repaid in maximum 9 years with moratorium period of maximum 12 months.

Forms & Documents

  • Appropriate DPN note, Hypothecation agreement, Deed of Guarantee, Letter of continuity, Mortgage deed,  Declaration /undertaking for Agriculture advance-AD-01,Letter of general lien and setoff, Undertaking from borrower/Guarantor for disclosure to CIBIL, and any other document stipulated in sanction.

Rate of Interest - Please click here to know our latest interest rates

Conditions apply.

For more details please contact our nearest branch