Combine Harvestor Loan

Agri & RuralCrop LoanGold LoanFarm mechanization Loan
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Allied ActivitiesMiscellaneous ActivitiesAgri Debt Waiver - Relief Scheme-2008Covid 19 Relief Measures
Combine Harvestor Loan

Features

  • Mortgage of Land
  • Margin 15-25% of the cost of combine harvester and accessories
  • For Rate of Interest Please click here

Eligibility

  • Farmer should own minimum 8 acres of irrigated land
  • He should be in a position to operate combine harvester

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 license etc
  • Proof of agricultural land/ cultivation

Interest Rates

6.95% p.a.

w.e.f. 01.07.2020

*T&C Apply.

 

 

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