Helping millions of Indian farmers benefit from our schemes.
Bank of Baroda, for rural India, with rural India.
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme)
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Benefits
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Features
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Eligibility Criteria
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Document Required
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Fees & Charges
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Most Important Terms & Conditions (MITC)
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Benefits
Subsidy available under PM KUSUM scheme
| Particulars | Central Subsidy | State Subsidy | Total Subsidy |
|---|---|---|---|
| Component A | NIL | NIL | NIL |
| Component B | 30% | 30% | 60% |
| Component C | 30% | 30% | 60% |
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Features
For financing Installation of
- Small renewable energy project of 2 MW
- Installation of standalone solar pumps and
- Solarization of existing grid connected agriculture pumps.
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Eligibility Criteria
Farmers, Group of farmers, Co-Operative of farmers, Panchayat, Farmer Production Organisations (FPO), Water User Association (WUA) who have their own or lease land and are engaged in setting up of
- Component A: Setting up of Decentralized Ground/ Stilt Mounted Grid Connected solar or other Renewable Energy Based Power Plants of individual plant size from 5OO KW to 2MW.
- Component B: Installation of standalone Solar powered Agriculture Pumps of individual pump capacity up to 7.5 HP.
- Component C: Solarisation of Grid-connected Agriculture Pumps
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Document Required
- KYC Documents (AADHAR, Voter ID, PAN Card, Driving License etc.)
- Passport Size photo
- Land Record
- Quotation/Invoice (if available)
- Project Report (if available)
- IT Returns (if available)
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Fees & Charges
Processing charges:
- Waived upto Aggregate Agriculture exposure upto Rs. 3.00 Lakhs
- Above Rs 3 Lakhs - DL/TL 1 % of the limit sanctioned with a maximum of Rs 100 lacs.
Inspection Charges:
- Agriculture exposure upto Rs. 3.00 Lakhs- Nil
- Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250
- Above Rs 10 Lakhs to Rs 1 Crore - Rs 1000
- Above Rs 1 Crore - Rs 5000
Pradhan Mantri Kisan Urja Suraksha Evam Uthaan Mahabhiyaan (PM-KUSUM Scheme) : Most Important Terms & Conditions (MITC)
| Project Cost & maximum Loan component |
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| Repayment |
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| Margin | Component A: 30% |
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| Security |
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| Rate of Interest |
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