Agri-Allied Loans

State of Punjab

Individual farmer/Co-operative Society

Adequate and Timely Credit to Farmers under Single Window for Long/Medium Term Credit Needs.

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.

Rs 18 lakhs only (Rs 1 lakh per acre).

Single Installment or Multiple depending upon asset acquirement plan.

Nil

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

Agricultural Land

As per Insurance companies rate.

NA

State of Punjab

Individual farmer/Co-operative Society

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.)

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.

up to 5000 birds unit. Unit Cost varies with type of unit.

Three

Nil

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.

Agricultural Land

As per Insurance companies rate.

To be given by Govt. of India / Animal Husbandry Department, if available. Lock-in period is 3 years.

State of Punjab

Individual farmer/Co-operative Society

To increase the income of farmers by helping them invest in Milch Cattles.

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.

• Graded Buffalo – Rs.70,000
• Cow – Rs.50,000 to 80,000

Two

Nil

5 years in equal Monthly/Quarterly/Half-Yearly installments

Agricultural Land

As per Insurance companies rate.

Subsidy is provided by the Dairy Development Department, if the loan case is sponsored by them.

State of Punjab

Individual farmer/Co-operative Society

To provide supplementary income to farmers.

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.

Rs. 3,00,000/-

Single

Nil

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

Agricultural Land

As per Insurance companies rate.

25% of project cost subject to maximum limit as determined by National Live Stock Mission.

State of Punjab

Individual farmer/Co-operative Society

To help farmers to supplement their income

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

• 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

Three

Small, Medium and other farmers will be attributing 5%, 10% and 15 % respectively

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

Agricultural Land

As per Insurance companies rate.

NA

State of Punjab

Individual farmer/Co-operative Society

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.

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.

Rs. 5 – 22 lakh depending upon the component of scheme.

Two

10% of outlay

Depending upon the component of scheme

Agricultural Land

As per Insurance companies rate.

25% of the outlay (33.3 for SC/ST).

State of Punjab

Individual farmer/Co-operative Society

• 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

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

• 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/-

As per Project report.

Nil

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

Agricultural Land

As per Insurance companies rate.

To be given by fisheries dept. Punjab, if available

State of Punjab

Individual farmer/Co-operative Society

To increase the income

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.

Rs.9.70 lakh for 20 calf units (Minimum size of 5 calves with an upper limit of 20 calves)

Two

10%

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.

Agricultural Land

As per Insurance companies rate.

25% of the outlay (33.3% for SC/ST) Max. Rs 1.20 lakhs to Rs 1.60 lakhs to be given under DEDS

State of Punjab

Individual farmer/Co-operative Society

To increase the income of farmers by helping them in construction of cattle shed for milch animals.

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.

• Rs 6 lakhs for 20 cows (60’x70′) – 2520 sqft
• Rs 4 lakhs for 10 buffaloes (40’x60′) – 1400 sqft

Two

Nil

9 years (18 Half-yearly equated installments.)

Agricultural Land

As per Insurance companies rate.

NA

State of Punjab

Individual farmer/Co-operative Society

To provide services to farmers as per business model of agri-centre process, local needs and affordability of target group of farmers

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

Rs.20 Lakh for Individual Project

As per Project Report

Nil

5-10 years (Grace period of 2 years)

Agricultural Land

As per Insurance companies rate.

Composite subsidy @ 36% of Total Financial Outlay(44% in case of women/SC/ST candidates) subject to availability with NABARD.

State of Punjab

Individual farmer/Co-operative Society

To increase the income of farmers by helping to invest in Milch Cattles

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.

• @Buffalo – Rs 60000 to 80000/-
• @Cow – Rs 50000 to 80000/-

Two

Nil

7 years (In equal Monthly/Quarterly/Half yearly installments)

Agricultural Land

As per Insurance companies rate.

Subsidy is provided by Dairy Dev. (Punjab) if the loan case is sponsored by them

State of Punjab

Individual farmer/Co-operative Society

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

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

Rs 10 lakh per unit

As per project

Nil

9 years (18 Half-yearly installments)

Agricultural Land

As per Insurance companies rate.

@33% subject to availability with State Farmers Commission.

State of Punjab

Individual farmer/Co-operative Society

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.

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.

50% to 80% of the project cost

As per project

Minimum 20%

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

Agricultural Land

As per Insurance companies rate.

@ 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.

State of Punjab

Individual farmer/Co-operative Society

To promote alternative sources of fuel to meet daily needs requirements

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.

• 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

2-3 installments as per project.

NA

7 yearly equated installments

Agricultural Land

As per Insurance companies rate.

if any provided by Department. of Agriculture, Punjab.

State of Punjab

Individual farmer/Co-operative Society

To help farmers to increase their income by investing in various allied activities

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.

• Rs.6200/- per cow
• Rs.8200/- per buffalo

Single

Nil

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

Agricultural Land

As per Insurance companies rate.

NA

State of Punjab

Individual farmer/Co-operative Society

To provide facility to cold storage so that agriculture produce can be stored and sold in market at good price

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.

10 MT to 5000 MT

As per Project Report

25% of Term Loan

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.

Agricultural Land

As per Insurance companies rate.

@ 25% Back-Ended Capital Subsidy of Project Cost Max.Rs.50 lakh per project