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Agricultural Development Loan

Finance should not be a barrier for your dreams of purchasing properties for agriculture. We listen to your needs with our attractive loan schemes for purchasing and developing agricultural properties.

  • Features & Benefits
  • How to apply ?
  • Documents Required
  • Repayment options
  • Other Terms & Conditions
  • Interest Rates & Charges
  • Loan for purchase and development of agricultural land
  • Suitable for small farmers 
  • Get loan amount up to 75% of sale consideration/value of land whichever is lower.
  • Easy documentation
  • No hidden charges or heavy penalties
  • Flexible repayment facility.
  • Purchase of Agri land upto 2 Hectares (i.e. the existing land owned by the applicant including the land to be purchased should be upto 2 Hectares). 

Who can apply

  • Small and Marginal Farmers only with sufficient repaying capacity are eligible for this loan.
  • They shall have adequate income generation to take care of the repayment of loan installments. 

How to avail the loan?

  • To avail the loan, Please visit any of our branches

If you are a new customer, following documents are required:

  • Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card) 
  • Recent Passport size photograph
  • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate) 
  • Agreement to sale of the property to be purchased.
  • Proof of agricultural land/property- Tax receipts

Repayment of loan will be quarterly/ half yearly / yearly installments depending on cash flows of the borrower.

Loan Amount

  • Minimum Loan amount will be Rs. 2.00Lacs (Purchase component). 
  • For development & maintenance of plantation no minimum loan amount.
  • Maximum loan amount for purchase under the scheme will be 75 % of the sale consideration/value of land as estimated by the Bank. 


  • Up to 84 months.  


Primary Security

  • Hypothecation of crops and movable assets financed; and mortgage of landed property proposed to be purchased.

Collateral Security

  • If the value of the property proposed to be purchased is more than or equal to 150% of the loan amount (which may include both purchase and development component) no additional collateral security is needed.
  • If the value of the property to be purchased is less than 150% of the loan amount, the shortage is to be compensated by way of additional collateral security.



  • Spouse of the borrower / Children of the borrower (only if resident) whose income is also taken into consideration for calculating repayment capacity shall join the document as co-obligant.  
  • NRIs shall not join the loan documents and their income shall not be considered while calculating repayment capacity. 

Please visit the rates and charges page for details.