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Minor Irrigation
Serving credit needs of the farmers for development of farm irrigation facilities to improve cropping intensity, better yields and incremental income from the farm.
Disclaimer
By clicking the link you will be redirected to the website of the third party. The third party website is not owned or controlled by Bank of India and contents thereof are not sponsored, endorsed or approved by Bank of India. Bank of India does not vouch or guarantee or take any responsibility for any of the contents of the said website including transactions, product, services or other items offered through the website. While accessing this site, you acknowledge that any reliance on any opinion, advice, statement, memorandum, or information available on the site shall be at your sole risk and consequences.
The Bank of India and its affiliates, subsidiaries, employees, officers, directors and agents shall not be liable for any loss, claim or damage whatsoever including in the event of deficiency in the service of such third party websites and for any consequences of error or failure of internet connection equipment hardware or software used to access the third party website through this link , slowdown or breakdown of third party website for any reason including and resulting from the act or omission of any other party involved in making this site or the data contained therein available to you including for any misuse of the Password, login ID or other confidential security information used to login to this website or from any other cause relating to your access to, inability to access, or use of the site or these materials in accordance thereto Bank of India and all its related parties described hereinabove stand indemnified from all proceedings or matters arising thereto.
By preceding further to access the said website it is presumed that you have agreed to the above and also the other terms and conditions applicable.
- Longer repayment terms.
- Attractive Rate of interest.
- No Collateral no margin for loan upto Rs.1.60 lacs
TAT
Disclaimer
Disclaimer
| Upto Rs.160000/- | Above Rs.160000/- |
|---|---|
| 7 business days | 14 business days |
* TAT will be counted from the date of receipt of Application (complete in all respects)
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
The following activities can be considered for financing under Minor Irrigation,
- Lift Irrigation
- Well Irrigation
- Electric Motor & Pump set
- Diesel Engine
- Construction of pump house/ water delivery channel
- Payment of deposit to the State Electricity Board also be considered
- Any other type of need based facility/construction suitable to the topography of the agricultural field
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
- Individual farmers/ Group farmers, Co-operative societies.
- State Irrigation Corporations/ Bodies offering the guarantee of State Government.
- In case of lift irrigation schemes, permission from the competent authority like the irrigation/ PW Department of the State Govt. to lift water from the river/ lake atleast during the currency of the loan is required.
Before applying you must have:
- KYC documents(identity proof and address proof)
- Proof of land holding
- Statutory permissions
- Collateral Security for loans above Rs.1.60 lacs.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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