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Agriculture Loan

Eligibility Persons engaged in agricultural activity and who own agriculture land.

Activities:

  1. a)      Purchase of tractor, power tiller or any other farm machinery from agriculture machinery from authorized dealers.
  2. b)      Orchard plantation and development /maintenance. Cardamom Plantation, Bee Keeping, Mushroom Plantation, fertilizer, Fresh Veg, BIO Gas, etc.

TenureMaximum 5 years

DOCUMENT CHECK LIST:

Citizenship Identity (CID) copy of both the applicant and the guarantor if the loan is also secured by Third Party Guarantor.

  1. One recent Pass Port size photograph of the applicant.
  2. land Ownership certificate and Insurance Certificate of the building- If Applicable
  3. For Family Ownership, NOC from immediate family members (18 years and above) to avail the loan.
  4. Copy of the Quotation/Invoice for tractor, power tiller or any other farm machinery from authorized dealers for purchase of the above equipment.