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 Home »  Agriculture »  Agrl. Term Credit  » AgriPurchase Land
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  Agrl. Term credit
AB Kisan Pragathi
AB Kisan Rakshak
AB Kisan Chakra
Rural Godowns
Purchase of Land
Dairy Agents
Kisan Bandhu
AB Finance for Purchase of Land for Agricultural Purpose (Land Purchase Scheme)
 
  Objectives

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


To provide term finance to small and marginal farmers to purchase agricultural/fallow/waste land.

Eligibility :Small Farmers, Share Croppers / Tenant Farmers i.e., those who would own maximum non irrigated  or  irrigated land including proposed purchase of land under the scheme.

 
  Quantum of finance


Maximum of Rs.2,00,000/-

 
  Margin


20% of the project cost

 
  Repayment


In 7-10 years in half yearly/yearly installments

 
  Security

  • Mortgage of land purchased out of the Bank loan.
  • Loans above Rs.50,000/-, co-obligation/third party guarantee is to be obtained
 
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