To assist Small & Marginal farmers and landless agricultural labourers for purchase of Land, who are our existing borrowers to consolidate land holdings & development of Wasteland & fallow lands.

Who are eligible?
  • Small & Marginal Farmers owning less than 5 acres of unirrigated / 2.5 acres of irrigated land in their own names, landless agricultural labourers.

  • The borrowers should have a record of prompt repayment of the loan for at least two years.

  • Good borrowers of other Banks are also eligible provided they liquidate their Outstanding to other banks.

Loan amount:

Loan may be considered for:

  • Cost of land

  • Provision of irrigation facilities & land development (shall not exceed 50% of the cost of the land).

  • Purchase of farm equipments.

  • Registration charges & stamp duty.

Loan amount will be 85 % of the cost of the land, as assessed by the bank, subject to the maximum of Rs 5 lakhs Security

Mortgage of land to be purchased

How to repay the loan

Max. 9-10 years beginning after the expiry of gestation period, with half-yearly installments. Gestation period will be maximum of 1 year for the developed land and 2 years for the land to be developed.

How to apply for this loan

Contact a Branch nearer to the applicants residence or talk to the marketing officers visiting villages.