IDBI Agriculture Loan

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Eligibility
For pump set/ Irrigation equipments Farmer should own a minimum of 2 acres of irrigable land. For Farm machinery, following is the Minimum irrigated land.

For power tillers 2 acres

For tractors with power upto 35 HP 4 acres

For tractors with power above 35 HP 6 acres

For combine harvesters 8 acres

Loan Amount
Minimum: Rs. 30, 000 /- and maximum: Rs. 30 lakh


Repayment Schedule
Type of Investment
Min. and Max. Repayment period in years Loan installment period Gestation/ grace period (months)

Pump set
9 Yearly 11

Sprinkler / Drip Irrigation
10-15 Yearly 11

Tractor/power tiller /Harvester
5-9 Half yearly / yearly Nil

Other types of loans
Dug Wells
Minor Irrigation - Lift Irrigation
Purchase of land for Agriculture purposes for small farmers
Land development
Horticulture & Forestry Development Loans
Purchase of bullock and bullock carts
Biogas plants

Address:-
IDBI Bank
IDBI Tower, WTC Complex,
Cuffe Parade, Colaba, Mumbai 400005.

Phone:-
1800-200-1947
1800-22-1070