Agriculture loans in India are offered to farmers for various purposes, like farming and irrigation equipment purchases, crops for cultivation, and other agriculture-associated activities. Besides farmers, these loans are also available to individuals engaged in other agri-related sectors like animal husbandry, horticulture, apiculture, aquaculture, silk farming, and floriculture.
Southern Green Farming and marketing Multi State Cooperative Society Ltd (FARMFED) provide Agriculture loans for helping hand to farmers to meet their various cash needs.
Types of Agriculture Loans in Southern Green Farming and marketing Multi State Cooperative Society Ltd (FARMFED).
- Kisan Navjeevan Loan
- Kisan Suraksha Loan
- Kisan Samrudhi Loan
- Kisan Samoohya Loan
Agriculture Loans FAQs
What are the eligibility criteria for agriculture loans?
Agriculture loans are offered to individual farmers, groups of farmers, tenant farmers, share croppers, oral lessees, and other individuals engaged in agri-related activities. The actual eligibility criteria depend on the type of loan.
What are the documents required for agriculture loans?
The list of documentation required for agriculture loans is minimal. Most schemes need only the essential paperwork, to make the entire process hassle-free and convenient for farmers.
The list of documentation required for agriculture loans is minimal. Most schemes need only the essential paperwork, to make the entire process hassle-free and convenient for farmers.
The basic list of documentation include:
- Duly filled application form
- Photo identity proof
- Address proof
- Proof of land ownership, purchase receipts, etc
Can agriculture loans be used to purchase land?
Yes. The purchased plot should be agricultural and located within a radius of 5 km of the farmer’s house/village.
Can women apply for agricultural loans?
Yes. The government of India encourages women to lead agricultural activities. As a result, Our society offer special discounts on interest rates and other benefits for women borrowers.
How to apply for an agricultural loan?
Applying for an agricultural loan is quite easy, and the entire process is seamless and hassle-free.Once you submit the application form and the required documentation, the society approves the loan. Once sanctioned, the loan amount is sent to the farmer’s bank account or issued via a cheque.