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This financing facility is designed to facilitate Agricultural farmers in obtaining Agriculture Development Loans (Term Finance) to purchase and installation of brand-new electric/solar tube wells, lift pumps & High Efficiency Irrigation Systems & Solarization of Irrigation System.

  • Age Limit 18 to 62 Years
  • Loan Tenor: 3 to 5 years (For Purchase & Installation of Irrigation system without Solar System)
  • Loan Tenor: Maximum for 10 years (including grace period of one year for Solarization of Irrigation System)
  • Debt to Equity (70:30)
  • Minimum ownership & Cultivation requirement:
    • 12.5 Acre for Solar Tube Well/pumps
    • 7 Acre for Conventional Tube Well/pumps
    • 3 acres for High Efficient Irrigation Systems.
  • Repayable in Half Yearly installments.
  • This financing facility is also available for women farmers
  • Loans can be extended against one or more security options, details below:
    • Agriculture Land
    • Urban Property
    • Liquid Securities
    • Hypothecation

Disclaimer: Terms & Conditions apply, bank reserves right to reject any loan application for any reason

This site is registered on as a development site.