More benefits than ever before
What’s in store for you
Features you need and deserve
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Credit Guarantee Coverage
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Interest Subvention
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Repayment Tenure
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Quantum of Loan
Wondering if you are eligible?
More about AIF Scheme
The objectives of the Agriculture Infrastructure Fund (AIF) loan are:
The eligible borrowers for Agriculture Infrastructure Fund (AIF) loans are:
Farmers
Farmer Producer Organisations (FPOs)
Primary Agriculture Credit Societies (PACS)
Agri-entrepreneurs
Startups
Self Help Groups
Joint Liability Groups (JLG)
Marketing Cooperative Societies
Multipurpose Cooperative Societies
National Federations of Cooperatives
State Federations of Cooperatives
Public-Private Partnership Projects sponsored by the central or state government or local bodies.
Eligible projects under the Agriculture Infrastructure Fund (AIF) loans include:
AIF is basically a Term Loan.
Credit Guarantee Coverage:
The AIF Loan Scheme provides eligible borrowers with Credit Guarantee Coverage through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) for loans up to ₹2 crore.
Interest Subvention:
The AIF government scheme provides an interest subvention to make loans more affordable and to encourage small-scale borrowers. Under the scheme guidelines, eligible loans receive a 3% annual interest subvention.
To apply for the AIF agriculture scheme, take the following steps: SME-> BORROW-> MSME Government Schemes-> Agriculture Infrastructure Fund.
Frequently Asked Questions
The Agriculture Infrastructure Fund loan is available to farmers:
FPOs
SHGs
PACS
Marketing Cooperative Societies
Joint Liability Groups
Multipurpose Cooperative Societies
Agri-entrepreneurs
Start-ups,
Central/State agencies or Local Bodies.
The Agri Infra Fund Scheme will be operational from 2020-21 to 2032-33. The loan disbursement under the scheme will be completed in six years.
The AIF Scheme is part of the Agriculture Infrastructure Fund Scheme. It offers medium-long-term debt financing for viable projects related to post-harvest infrastructure management and community farming assets.
All loans through the Agriculture Infrastructure Fund (AIF) benefit from a 3% per annum interest subvention, capped at ₹2 crore.
Under the Agri Infrastructure Fund Scheme, the maximum loan amount on which the benefit of the scheme is applicable is up to ₹2 crores.
Failure to repay an AIF scheme subsidy loan can result in serious repercussions, such as credit damage, wage garnishment, and reduced social security and government benefits.