Agriculture Loan and Insurance

   2020-06-02       45        Agriculture
Rating :
We can categorize agricultural loans in 5 categories
https://www.indiaagronet.com/Agriculture-Loan-and-Insurance/Agricultural-Loans-in-India.html

ypes of Agricultural Loans in India

We can categorize agricultural loans in 5 categories
1. Farm Storage Facilities Loans or warehousing loan provided by government and banks for storage of farm or agriculture commodities for non-perishable commodities.

2. Farm Operating Loans: agriculture loans for day-to-day needs or expansion requirements.

3. Farm Ownership Loans: These include loans for buying agriculture or farming machinery, livestock, tractors etc.

4. Fisheries Finance Program: This program is designed for specific projects in fisheries that qualify under the direction of Congress. A qualified program is eligible for up to 80 percent financing through a direct loan program. This loan program is designed to refinance a private debt on a fishing vessel or to provide for maintenance and repairs on an existing vessel.

5. Other Agriculture Loans: such as housing loans, grants, subsidy from government for loss of crop, crop damage, whether based agriculture subsidy etc.

State bank of India is a nationalized bank which channelizes all governmental schemes to farmers. Various banks in India provide different crop loans, kisan credit cards, agriculture insurance s


100x100
Credit Limit

This program is designed for specific projects in fisheries that qualify under the direction of Congress. A qualified program is eligible for up to 80 percent financing through a direct loan program. ..


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