BDB being the only development bank in the country with a mandate to serve the rural community in improving the livelihood of the rural people provides loans in agriculture sector which includes loans for land development, purchase of farm machinery or any agricultural activities.
Borrower Eligibility
- Must be engaged in agriculture activities
Term period
Maximum term period of Five years
Required Documents
- Detailed project costing of activities to be carried out/copy of invoice/quotation for machinery to be purchased from an authorized dealer
- Copy of Land ownership certificate
- NoC copy
| Sl# | Loan Product | Details |
| 1 | Product name | Agriculture/Livestock |
| 2 | Little description on the product | This loan is provided for the purpose of growing crops, land development, raising, breeding and harvesting of plants and animal products and purchase of farm machinery or any agricultural/livestock activities. |
| 3 | Eligibility | 1. Must be engaged in agriculture/livestock activities 2. Must be 18 years and above |
| 4 | Quantum | 75% of the total project cost or (70%) below 50 million or (60%) above 50 million of the collateral value whichever is lower. |
| 5 | Interest Rate | 10.00% / 10.00% |
| 6 | Tenure | Upto 5 Years / 5 - 10 Years |
| 7 | Checklist | 1. Duly filled in application form 2. CID copy 3. 2 recent passport size photo 4. Copy of latest land certificate (lagthram) 5. NOC 6. Detail project costing of activities to be carried out 7. Copy of invoice or quotation for machinery to be purchased from authorized dealer 8. Prove of income |
| 8 | Forms | Attached |
