Horticulture Loan

We have lots for you in store 

Nuture your farming goal with Horticulture

Know More
Horticulture Loan

Interest Rate for Horticulture Loan 

10.75% - 12.50% P.A.

(Fixed Rate)

View All Rates

Wondering if you are eligible?

  • Individual farmers or joint borrowers.
  • Applicants up to 60 years old can apply.
  • Those over 60 need a legal heir.
158713163

Key Features

Types of Facilities

  • Cash Credit/Overdraft: Helps cover costs for crop production, consumption, post-harvest expenses, and upkeep.

  • Term Loan: Ideal for larger investments like purchasing farm implements, land improvements, and irrigation tools.

Smart EMI

Documents Required

  • Application Form
  •  KYC of Borrower/Co-borrower/Guarantor 
  • Copy of Land records 
  • Copy of Govt. land rate of agriculture land 
  • Latest updated passbook/bank statement
Contacless Payment

Quantum of Finance

  • Finance Range: Tailored to your needs, with specific crop financing scales used as a reference for loan amounts.
Key Image

Other Benefits

  • Free personal accident coverage for farmers up to ₹2,00,000.
  • Crop Protection Insurance is available for all notified crops under the Pradhan Mantri Fasal Bima Yojana.
  • Receive a Rupay Farmer Platinum Debit Card for easy transactions.
Smart EMI

Security

  • Hypothecation of crops and assets financed by the bank.
  • Mortgage of agricultural land, urban property, or liquid assets.
Contacless Payment

Frequently Asked Questions

A Horticulture Loan is a financial product designed to support individuals involved in horticultural activities. It provides funds for expenses related to growing plants, fruits, vegetables, or flowers. The loan helps with costs such as equipment, land preparation, irrigation, and other investment needs to enhance horticultural operations.

Horticulture covers a diverse range of crops, including fruit and vegetable crops, ornamental plants, medicinal and aromatic herbs, spices, and plantation crops. Our Bank offers loans to support the establishment and upkeep of nurseries, orchards, plantations, polyhouses, greenhouses, and modern farming practices.

The Mission for Integrated Development of Horticulture (MIDH) is a central scheme supporting the horticulture sector in India. The government contributes 60% of the total outlay for developmental programmes, except in North-Eastern and Himalayan states, where it contributes 90%. The scheme covers various crops, including fruits, vegetables, spices, flowers, and more.