KBL Instant Agri Credit
An instant loan designed to cater to the diverse needs of the agricultural sector. Whether you are an individual farmer or involved in a cooperative society, this scheme is tailored for you. Offering a maximum period of 24 months and a loan limit up to 90% of your deposit value, it provides a secure, efficient way to finance your agricultural expenses, from crop cultivation to allied activities development. Read more Read less
Why this loan is for you
Supporting your agricultural needs with easy solutions
Access funds up to 90% of the deposit value with an overdraft or fixed loan
Quick and efficient loan processing for immediate agricultural needs
Backed by KBL's legacy and a secure borrowing experience with term deposit pledge
Make matters simple and straightforward
A smart calculator for smart spending and savings
Emi Calculator
You will pay
₹13,800/Months
Eligibility criteria
- Personal farmers and agriculturists
- Agricultural corporations and large-scale farming businesses
- Farming ventures operating as partnerships
- Agricultural societies and associations
- Self help groups and joint liability groups
Documents required
- Scanned or soft copy of KYC documents
- RTC or any agricultural land proof
- Deposit receipt
As easy as 1,2,3...
Apply for a KBL Instant Agri Credit Loan 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.
Eligibility extends to individual or joint farmers, tenant farmers, and farming groups, provided they have the necessary farming documentation and valid identity proofs.
Visit our nearest branch with your agricultural documents. Our team is ready to assist you through the application process, ensuring clarity and efficiency. You can also apply online through our website for quick processing.
Choose from an overdraft facility for immediate needs or a term loan for larger, long-term agricultural investments, aligned with your farming operations.
Security requirement is limited to the hypothecation of crops, meaning the pledged crops serve as collateral for loans up to ₹1.6 lakh. In addition to crop hypothecation, collateral can include agricultural land or other forms of security acceptable to the bank.
The scheme offers a flexible repayment period of up to five years, with schedules that can be tailored to your harvesting and income cycles.
There is no down payment for the overdraft option. For term loans, a down payment of 10% to 25% is required, depending on the nature of your investment.
If repayment challenges arise, we encourage prompt communication with us to explore feasible solutions and maintain financial integrity.
We prioritize expedient loan processing, understanding the importance of timely financial support for your business aspirations.
Prepayment is an option available to you, potentially reducing your interest obligations. We advise discussing this with us to understanding terms and conditions of the loan.
Unlock the potential of your farm with KBL Instant Agri Credit. Our tailored agri loans are designed to provide instant financial support to the agricultural sector, facilitating immediate agri finance. Whether it's a loan for agriculture needs or a farm business loan, our streamlined application process ensures that you receive the funds you need without delay.
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.
