Agri-Allied Loans

Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
Adequate and Timely Credit to Farmers under Single Window for Long/Medium Term Credit Needs.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
Rs 18 lakhs only (Rs 1 lakh per acre).
Disbursal of Installments
:
Single Installment or Multiple depending upon asset acquirement plan.
Margin
:
Nil
Repayment Period
:
Between 5 – 10 years in half-yearly equated installments
  • Rs. up to 3 lakh – 5yrs
  • Rs. 3 to 10 lakhs – 7yrs
  • Rs. 10 to 18 lakhs – 10 yrs
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
NA
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To encourage Poultry farming activity to support farmers as alternate source of income activities. Also activities included (Breeding farms for low Input Technology Birds like Turkey, Ducks, Japanese Quails, Emu etc.)
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
up to 5000 birds unit. Unit Cost varies with type of unit.
Disbursal of Installments
:
Three
Margin
:
Nil
Repayment Period
:
9 years ( Two years grace Period)
  • During Grace Period Interest is to be recovered in equal Monthly/Quarterly/Half-Yearly equated installments.
  • Balance in equal Monthly/Quarterly/Half-Yearly equated installments.
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
To be given by Govt. of India / Animal Husbandry Department, if available. Lock-in period is 3 years.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income of farmers by helping them invest in Milch Cattles.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
  • Graded Buffalo – Rs.70,000
  • Cow – Rs.50,000 to 80,000
Disbursal of Installments
:
Two
Margin
:
Nil
Repayment Period
:
5 years in equal Monthly/Quarterly/Half-Yearly installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
Subsidy is provided by the Dairy Development Department, if the loan case is sponsored by them.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To provide supplementary income to farmers.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
Rs. 3,00,000/-
Disbursal of Installments
:
Single
Margin
:
Nil
Repayment Period
:
5 years (With one year grace period)
  • 1st year only interest is to be recovered in 2 Half-Yearly equated installments
  • Remaining in 8 Half-Yearly equated installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
25% of project cost subject to maximum limit as determined by National Live Stock Mission.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To help farmers to supplement their income
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • received training from State Govt. Poultry Farms and Poultry Service Centres
Max.Loan
:
  • Commercial Broiler unit Rs.224/ per bird
  • Commercial Layer unit Rs.400/ per bird
  • Central Growing unit up to 16000 layer batch X 3 batch per annum
Disbursal of Installments
:
Three
Margin
:
Small, Medium and other farmers will be attributing 5%, 10% and 15 % respectively
Repayment Period
:
7years (Including one year grace period):
  • During grace period interest is to be recovered in equal Monthly/Quarterly/Half-Yearly equated installments
  • Balance in equal Monthly/Quarterly/Half-Yearly equated installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
NA
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income of milk produce by helping them to invest in high yielding Mitch Cattles, Purchase of dairy equipment, Transportation facility, Marketing Outlet. etc.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
Rs. 5 – 22 lakh depending upon the component of scheme.
Disbursal of Installments
:
Two
Margin
:
10% of outlay
Repayment Period
:
Depending upon the component of scheme
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
25% of the outlay (33.3 for SC/ST).
Accordion Content
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
  • New Pond construction
  • Renovation of old pond
  • Establishment of Fish seed hatcheries for Indian Major carps and other specific cultivable Fin Fish
  • Backyard Hatchery for ornamental Fish
  • Medium Scale ornamental Hatchery
  • Integrated Ornamental fishery unit
  • Establishment of fish feed mill Large formulated pellet feed plant
  • Establishment of fish feed mill Small capacity
  • Establishment of small fish feed mill
  • Freshwater Fish Culture
  • Brackish water Fish/Shrimp Culture
  • Re-circulatory Aquaculture System
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • Training from fishery dept. or PAU Ludhiana
  • The case should be sponsored from Dept. of Fisheries
Max.Loan
:
  • New Pond construction – Rs. 7,00,000/-
  • Renovation of old pond – Rs. 3,50,000/-
  • Establishment of Fish seed hatcheries for Indian Major carps and other specific cultivable Fin Fish – Rs. 25,00,000/-/ Per 2 Ha
  • Backyard Hatchery for ornamental Fish Fish (200-300 sq ft)- Rs 1,25,000
  • Medium Scale ornamental Hatchery (300 sqm) – Rs 9,00,000
  • Integrated Ornamental fishery unit (1000 sqm) – Rs 16,00,000
  • Establishment of fish feed mill Large formulated pellet feed plant of min capacity @6-10 TPH or more – Rs 2,00,00,000
  • Establishment of fish feed mill Small capacity @1-5 qtl/day – Rs 10,00,000
  • Establishment of small fish feed mill 1.2 qtl/day – Rs 7,50,000/-
  • Freshwater Fish Culture – Rs 1,50,000-2,50,000/-
  • Brackish water Fish/Shrimp Culture – Rs 2,00,000 to 3,00,000/-
  • Re-circulatory Aquaculture System – Rs 7,50,000-50,00,000/-
Disbursal of Installments
:
As per Project report.
Margin
:
Nil
Repayment Period
:
7 years (Including one year grace)
  • During 1st year only interest to be recovered in 2 Half-yearly equated installments
  • Balance in 12 Half- yearly equated installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
To be given by fisheries dept. Punjab, if available
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
Rs.9.70 lakh for 20 calf units (Minimum size of 5 calves with an upper limit of 20 calves)
Disbursal of Installments
:
Two
Margin
:
10%
Repayment Period
:
5 years (With a grace period of 1 year)
  • During Grace Period only interest is to be recovered in 2 Half-Yearly equated installments
  • Balance in 8 Half-Yearly equated installments.
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
25% of the outlay (33.3% for SC/ST) Max. Rs 1.20 lakhs to Rs 1.60 lakhs to be given under DEDS
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income of farmers by helping them in construction of cattle shed for milch animals.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • should possess minimum 5 acre of own land or at least 7 acre of lease land.
Max.Loan
:
  • Rs 6 lakhs for 20 cows (60’x70′) – 2520 sqft
  • Rs 4 lakhs for 10 buffaloes (40’x60′) – 1400 sqft
Disbursal of Installments
:
Two
Margin
:
Nil
Repayment Period
:
9 years (18 Half-yearly equated installments.)
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
NA
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To provide services to farmers as per business model of agri-centre process, local needs and affordability of target group of farmers
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • graduate in agriculture allied subject recognized by ICAR/UGC OR Diploma (50% marks) / PGD in agri & allied subjects
  • biological science graduate with PG in Agricultural & allied subjects etc
  • agriculture related courses at intermediate with 55% marks
Max.Loan
:
Rs.20 Lakh for Individual Project
Disbursal of Installments
:
As per Project Report
Margin
:
Nil
Repayment Period
:
5-10 years (Grace period of 2 years)
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
Composite subsidy @ 36% of Total Financial Outlay(44% in case of women/SC/ST candidates) subject to availability with NABARD.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income of farmers by helping to invest in Milch Cattles
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
  • @Buffalo – Rs 60000 to 80000/-
  • @Cow – Rs 50000 to 80000/-
Disbursal of Installments
:
Two
Margin
:
Nil
Repayment Period
:
7 years (In equal Monthly/Quarterly/Half yearly installments)
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
Subsidy is provided by Dairy Dev. (Punjab) if the loan case is sponsored by them
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To increase the income of farmers by helping to invest in Milch Cattles
  • One tractor pf 50-60 HP
  • One laser land leveler
  • One Tiller and disc Harrow, Happy seeder for no tillage cultivation of wheat etc
  • Bed planter, Ridges and one Rotavator etc
  • Any other equipment required for Agriculture Horticulture operation
  • Farmer will rent out the machinery to the other farmers at reasonable prices
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • farmer will submit application to Deptt. of Agriculture for Agri Service Centre establishment
Max.Loan
:
Rs 10 lakh per unit
Disbursal of Installments
:
As per project
Margin
:
Nil
Repayment Period
:
9 years (18 Half-yearly installments)
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
@33% subject to availability with State Farmers Commission.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
The Marketing Infrastructure components such as Drying facility (solar/normal), weighing scale (electronic/normal), assaying equipments, Computer IT equipments with internet connection, Godown, cold room, deep freezer/ Zero energy freezer, pack house, ripening chamber, information boards (electronic/non-electronic), de-sheller, Grain cleaner, specific gravity separator, Mini Dal mill, Mini Oil expeller, Mini rice huller etc are also permissible components allowed under rural haat for better realization of price by the farmers through increased value addition.
Storage infrastructure like godowns including stand-alone silos for storage of food grains with necessary ancillary facilities like loading, unloading, bagging facility etc., excluding railway siding are eligible for subsidy. Assistance for storage infrastructure will be available on capital cost of the project including cost of allied facilities like boundary wall, internal road, internal drainage system, weighing, grading, packing, quality testing & certification, fire fighting equipment etc. which are functionally required to operate the project.
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
50% to 80% of the project cost
Disbursal of Installments
:
As per project
Margin
:
Minimum 20%
Repayment Period
:
11 years, one year grace (interest is charged during grace period)
  • In 1st year only interest is to be recovered in 2 Half-Yearly equated installments
  • Remaining in 20 Half Yearly equated Installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
@ 25% (For General Category applicant) & 33.33% (For Women/ SC/ST Category applicant) of capital cost subject to Max. Rs.75 lakhs subject to availability with NABARD.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To promote alternative sources of fuel to meet daily needs requirements
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
  • case should be sponsored by Deptartment of Agriculture, Punjab.
Max.Loan
:
  • BioGas Plant (1 cubic meter) – 7000
  • BioGas Plant (2 cubic meter) – 9000
  • BioGas Plant (3 cubic meter) – 10500
  • BioGas Plant (4 cubic meter) – 12500
  • BioGas Plant (6 cubic meter) – 15000
Disbursal of Installments
:
2-3 installments as per project.
Margin
:
NA
Repayment Period
:
7 yearly equated installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
if any provided by Department. of Agriculture, Punjab.
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To help farmers to increase their income by investing in various allied activities
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
  • Rs.6200/- per cow
  • Rs.8200/- per buffalo
Disbursal of Installments
:
Single
Margin
:
Nil
Repayment Period
:
5 Years One year grace period:
  • During grace period only interest is to be recovered in 2 Half year equated installments.
  • Balance in 8 Half yearly equated installments
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
NA
Area Covered
:
State of Punjab
Beneficiary
:
Individual farmer/Co-operative Society
Purpose
:
To provide facility to cold storage so that agriculture produce can be stored and sold in market at good price
Eligibility
:
A person should meet the following conditions
  • should reside in service area of bank.
  • should be minimum 18 yrs of age.
  • possess either agriculture land or be a lessee/Tenant of agriculture land.
Max.Loan
:
10 MT to 5000 MT
Disbursal of Installments
:
As per Project Report
Margin
:
25% of Term Loan
Repayment Period
:
9 years (1 year grace period)
  • Ist year only interest is to be recovered in 2 Half yearly equated installments
  • Remaining in 20 Half yearly equated installments.
Collateral Security
:
Agricultural Land
Insurance
:
As per Insurance companies rate.
Subsidy
:
@ 25% Back-Ended Capital Subsidy of Project Cost Max.Rs.50 lakh per project
PSCADB