India’s leading drone maker, Garuda Aerospace, has raised fresh capital ahead of its IPO to boost annual production, localise components and expand exports. Read More
Coffee Board has asked for a special compensation package for growers, as relief under the national disaster management plan is not sufficient to cover losses due to unprecedented rains. Read More
Indian farmers’ cooperative IFFCO has tied up with South Korean firms specialising in agri equipment and finance to explore new business opportunities in India. Read More
National Co-operative Development Corporation (NCDC) will provide Rs 3,641 crore to Uttarakhand in three years for development of goat, sheep farming, fisheries, dairy farming, aromatic plants, silk cultivation and poultry farming. Read More
The Reserve Bank of India ensured 95% cash availability in Telangana for the newly launched 'Rythu Bandhu' investment support scheme for farmers. Read More
NABARD extended financial support of Rs 15,787 crore for agriculture and rural development in Haryana during 2017–18. Read More
The Government of India, Government of Maharashtra and the World Bank signed a US$ 420 million project to help small and marginal farmers in Marathwada and Vidarbha. Read More
With a corpus of Rs 2,450 crore, the government has set up an Animal Husbandry Infrastructure Development Fund (AHIDF) to support infrastructure requirements in the sector. Read More
Rajasthan Chief Minister Vasundhara Raje announced a one-time crop loan waiver of up to Rs 50,000 for small and marginal farmers and land revenue exemption. Read More
The Maharashtra government has approved a Rs 4,000-crore project to promote climate-resilient agriculture, partially funded by the World Bank. Read More
The UP government is seeking loans from public financial institutions to fund development projects as a large part of its own resources are used for the farm loan waiver scheme. Read More
Rajasthan has launched the Agriculture Produce Deposit Loan Scheme (Krishi Upaj Rahan Loan Scheme) to help farmers get the right price for their produce. Read More
Madhya Pradesh’s ‘agriculture cabinet’ approved a scheme where farmers will be paid the difference between MSP and modal price in case of distress sale. Read More
Uttar Pradesh chief minister Aditya Nath Yogi is to take the final call on waiving agriculture loans; a list of 1.5 crore farmers has already been prepared. Read More
Karnataka Bank entered into an MoU with Tirth Agro Technology Pvt Ltd, Rajkot, to finance farmers for agri mechanisation. Read More
To fund around 100 prioritised irrigation projects under PMKSY, NABARD will raise over Rs 77,000 crore from the market in phases. Read More
Union Minister Radha Mohan Singh highlighted efforts by the Centre to enhance agriculture credit access while addressing the 96th Annual Conference of Kota Co-operative Societies. Read More
Karnataka Bank has earmarked Rs 6,120 crore for agriculture in the current fiscal, recognising that a majority of rural households depend on farming. Read More
Jammu and Kashmir Bank and Staragri signed an agreement to provide affordable financing to farmers and agri-traders, focusing on collateral management and warehouse receipt financing. Read More
The government has asked public sector banks to increase loans to the agriculture sector, especially with expectations of an above-normal monsoon. Read More
SBI launched a loan product for the horticulture sector to help farmers avail finance against receivables, initially in tie-up with Jain Farm Fresh. Read More
| Sr. No | Bank Name | Finance Schemes | Eligibility | How to Apply |
|---|---|---|---|---|
| 1. | ICICI Bank |
Instant Gold Loan Farmer Finance Agri Traders & Processors Agri Corporates Tractor Loan |
Minimum age 18 years Maximum age 65 years |
Visit your nearest ICICI Bank branch to apply. |
| 2 | Canara Bank |
Kisan Credit Card Scheme Agricultural Implements Tractors and Heavy Agricultural Machinery Cultivation of Crops Irrigation Potential Dealers of Agriculture Inputs Horticulture, Poultry, Dairy |
Individual agriculturists / corporates / firms / NGOs engaged in agriculture / allied activities. | Contact your nearest Canara Bank branch for details and application. |
| 3 | IDBI Bank |
Agriculture Finance (Short Term Loans) Agriculture Finance (Term Loans) Allied Activities Indirect Finance to Agriculture |
Farmers / owner cultivators, tenant cultivators, share croppers and individual farmers having agreement with institutions. |
Visit: http://www.idbi.com/agri-apply-now.asp |
| 4 | Kotak Mahindra Bank | Agricultural Finance for Small and Medium Enterprises |
Finance to small & medium enterprises, farmers, aggregators & processors, traders & exporters. |
Apply online: http://www.kotak.com/personal-banking/agri-business/agri-sme.html#apply-online |
| 5 | Bank of Baroda |
Baroda Kisan Credit Card (BKCC) Agricultural Implements Tractors and Heavy Agricultural Machinery Cultivation of Crops Irrigation Potential Dealers of Agriculture Inputs Development of Horticulture Scheme for purchase of agricultural land, etc. |
Finance for farmers, cultivators and tenant cultivators. |
To get the application form visit: http://www.bankofbaroda.co.in/forms.asp |
| 6 | HDFC Bank |
Finance for agri inputs such as seeds, fertilisers, pesticides,
micronutrients and micro-irrigation tools. Finance for transportation, storage and processing of food and other agri commodities. |
Agri commodities, agri retailers, farmers, cultivators. |
Fill the online application form: https://leads.hdfcbank.com/applications/webforms/apply/applyKisanCard.asp |
| 7 | Axis Bank |
Kisan Power Cattle Power Loan for Horticulture Projects Tractor Loan Contract Farming Commodity Power etc. |
Minimum age of applicant: 21 years Maximum age of applicant: 75 years at the time of funding Minimum 3 acres of land holding for farmers. |
Apply online: http://www.axisbank.com/agri-rural/agri-business-loans/agri-business-loans.aspx |
| 8 | Federal Bank | Agricultural Development Loan | Small and marginal farmers with sufficient repaying capacity and adequate income generation to service loan instalments. | Visit any Federal Bank branch to avail this loan. |