KBL Agri Infra Fund
Our agriculture infrastructure fund is a dynamic financing solution aimed at revolutionizing agricultural infrastructure from 2020-21 to 2029-30. It is designed to provide term loans or working capital to support various agri-based projects, fostering growth and innovation in the sector. With benefits like interest subvention and credit guarantee, this fund reduces the financial burden, making it a suitable choice for those looking to expand or modernize their agricultural operations. Read more
Why this loan is for you
Designed to give you just what you need.
Supports both working capital and term loan requirements as per your needs
Promotes the modernization and scalability of agricultural operations by financing agricultural infrastructure
Open to many entities including PACS, marketing cooperatives, FPOs, SHGs, JLGs, agri-entrepreneurs, and startups
Make matters simple and straightforward
A smart calculator for smart spending and savings
Emi Calculator
You will pay
₹13,800/Months
Eligibility criteria
- Primary Agriculture Credit Societies (PACS)
- Farmer Producer Organizations (FPOs)
- Self-Help Groups (SHGs) and Joint Liability Groups (JHGs)
- Marketing or multi-purpose cooperative societies
- Agri-entrepreneurs and start-ups
- Public-private partnership projects backed by central/state/local bodies
Documents required
- CIBIL/CRIF and KYC documents
- Plan and estimation (if applicable)
- RTCS
- CERSAI (if applicable)
- EC and RTC
- Income tax returns, income proof
- Legal document for property
- Project report
- Turnover report
- Udyam registration certificate
- Insurance copy and stock report (if applicable)
As easy as 1,2,3...
Apply for a KBL Agri Infra Fund in 3 simple steps
Step 1
Visit your nearest branch
Go to your nearest Karnataka Bank branch
Step 2
Start with your basic details
Provide your basic details and keep your documents handy
Step 3
We’ll take care of the rest
Our branch officials will notify you when your loan is sanctioned
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Got questions? We’ve got answers.
Eligible entities include Primary Agriculture Credit Societies, Marketing Cooperative Societies, Farmer Producer Organizations, Self-Help Groups, Joint Liability Groups, Multipurpose Cooperative Societies, agri-entrepreneurs, startups, and entities involved in public-private partnership projects.
The fund covers various projects, including building construction, farm machinery and equipment purchase, specially designed vehicles for agricultural produce, and initiatives for collective marketing and input supply.
There is no defined minimum or maximum loan cap under this scheme, offering flexibility based on the project's scale and needs.
The scheme offers a moratorium period ranging from 6 months to 2 years, allowing borrowers some flexibility before beginning repayment.
For loans under the CGTMSE coverage (up to ₹5 crores), primary security is required, and no additional collateral is needed. For loans beyond CGTMSE coverage, collateral securities are required in addition to the primary security.
Yes, there's a minimum margin requirement of 10% of the project cost that needs to be contributed by the borrower.
Apart from the interest, we charge a standard processing fees or charges as applicable for loan processing and disbursement.
The disbursement timeline can vary depending on the documentation, project evaluation, and approval processes. However, Karnataka Bank strives to ensure a swift and efficient process, recognizing the time-sensitive nature of agricultural projects.
Interest subvention refers to a subsidy offered on interest rates. In the Agriculture Infrastructure Fund scheme, there is an interest subvention of 3% per annum for loans up to ₹2 crores. This means that the effective interest rate paid by the borrower is reduced by 3%, lowering the overall cost of borrowing.
Agri-business loans offer vital financial support to farmers and agricultural businesses, enabling them to invest in equipment, technology, and resources needed for efficient farming operations. These special loans for farmers are designed to cater to the unique needs of the agricultural sector, including seasonal cycles. You can apply for an agricultural loan online, accessing some of the best agri-business loans available, which can significantly enhance production and profitability.
Interest rates on agri-business loans are typically structured to support the agricultural community, often being more favorable than standard commercial loans. Understanding these rates is crucial when you start your application process, as they directly affect repayment terms and the overall cost of the loan.
Do ensure you have a clear plan for the utilization and repayment of the loan. Keep all necessary documents ready to streamline the online application process. Don't overlook government subsidies or special programs that may be available for agri-business loans. Regularly monitor and manage your loan to maintain financial health.
