Scheme for Financing Farm Development Activities

• Margin Nil for limit up to Rs. 1 lakh
• Processing charges Nil for Aggregate Loan upto Rs 3.00 Lakhs
• Inspection charges Nil for Aggregate Loan upto Rs 3.00 Lakh
• Minimum Loan amount: No minimum ceiling
• Maximum Loan of Rs 2.00 Crores can be availed

Providing financial assistance for all farm development activities which results in enhanced income of the farmer.

Loan is provided for various activities as

• Land Reclamation and Soil Improvement
• On Farm Development Works
• Soil and Water Conservation
• Other indicative list of activities
  1. Land clearance (removal of bushes, trees, etc.)
  2. Land leveling and shaping
  3. Contour /graded bunding
  4. Bench terracing for hilly areas
  5. Contour stone walls
  6. Staggered contour trenches
  7. Disposal drains
  8. Formation of roads
  9. Reclamation of saline/alkaline/ravine soils
  10. Fencing

• Individual farmers including Self Help Groups (SHGs) or Joint Liability Groups (JLGs) i.e, groups of individual farmers) and Proprietorship firms of farmers, directly engaged in Agriculture and Allied Activities
• Landless agricultural labourers, tenant farmers, oral lessees and sharecroppers whose share of landholding is within the limits prescribed for Small and Marginal Farmers (lease holder should have lease for at least last 10 years)
• Corporate farmers, Farmer Producer Organisations (FPOs)/(FPC) Companies of Individual Farmers, Partnership firms and Co-operatives of farmers engaged in Agriculture and Allied Activities

• KYC Documents (AADHAR, Voter ID, PAN Card, Driving License etc.)
• Passport Size photo
• Quotation/Invoice (if available)
• Land Records
• Project Report (if available)
• IT Returns (if available)

Pre-Payment Charges- Nil

Processing charges:

• Aggregate Agriculture exposure of Rs. 3.00 Lakhs- Nil
• Above Rs 3 Lakhs - 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