COMBINE HARVESTER LOAN

FEATURES

Eligibility

  • Farmer should own minimum 8 acres of irrigated land

  • He should be in a position to operate combine harvester

Collateral Security

Mortgage of Land

Margin

15-25% of the cost of combine harvester and accessories

Rate of Interest:

Please click here

Repayment Period

  • Repayment period is 9 years including grace/gestation period

  • Loan should be paid along with interest in half-yearly instalments

Documents required

  • Duly filled in application form

  • Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card,/Driving License etc

  • Address proof: Voter ID card/Passport/Aadhaar card/Driving licenseetc

  • Proof of agricultural land/ cultivation

How to apply

Contact your nearest SBI branch engaged in Agricultural advance for application and further details