Allied Aabayari

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.

  • Terms & Conditions

    • Age Limit 18 to 62 Years
    • Loan Tenor: 3 to 5 years
    • Debt to Equity (70:30)
    • Minimum ownership & Cultivation requirement:
      • 7 acres for Conventional/Solar Tube Well/pumps
      • 3 acres for High Efficient Irrigation Systems
    • Repayable in Half Yearly installments.
    • 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