How To Get

Farm Loan

Eligebility Criteria

People with minimum 18 years of age and maximum 65 years of age can get loan for farming.

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Citizenship

 You should be an Indian Citizen.

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Criminal Record

There should not be any criminal records against you.

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Loan Defaults

If you have not repaid loan in the past then loan will not be granted.

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Farming Land

You should have access to farming land.

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Documents Required

2 to 4 Passport sized photographs.

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Documents Required

Address Proof (Electricity Bill/ Water Bill), Income Statement (Bank Statement, ITR), Application Form (Filled).

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Documents Required

Identity Proof (Aadhar Card, Voter ID, Ration Card, PAN Card), Kisan Credit Card.

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– State Bank Of India – Punjab National Bank – Central Bank Of India – Karur Vysya Bank – Induslnd Bank – Union Bank – Axis Bank – IDBI Bank – ICICI Bank – NABARD

Banks

that offer farm loans in India

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Interest Rate & Processing Fees

You will have to re-pay around 7 to 10% interest rates per annum & processing fee of around 0 to 4% on your loan amount.

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Agriculture Term Loan (Long Term) Crop Loan (Short Term) Farm Mechanization Loan Solar Pump Set Loan Agricultural Gold Loan Horticultural Loan Forestry Loan

Types

of farm loan in India

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What I Have To Do?

Choose which type of loan you want, visit nearest bank and fill the application form, fulfil the eligibility criteria and submit the form in the bank. 

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