Purchase of Land for Agricultural Purpose

Objectives

  • To make the small and marginal holdings economically viable by bringing fallow lands and waste lands under cultivation and by stepping up agricultural production and productivity.
  • To finance the share croppers / tenant farmers to purchase land to enable them to increase their income

Target Group & Eligibility

Small and Marginal Farmers, share croppers and tenant farmers. Small and Marginal Farmers are those who would own maximum of 5 acres of non-irrigated land or 2.5 acres of irrigated land including the one to be purchases under the scheme.

Age

Minimum 21 years ; Maximum: 65 years

Loan Amount

  • Minimum : Rs. 25,000.00
  • Maximum : Rs. 5,00,000.00

Margin

Minimum 5% of Total Project Cost

Interest Rate 

  • As per Bank's guidelines

Useful Links

RBI NABARD IBA BCSBI NPCI Rupay