Agriculture Loan

Agriculture loan offers a scope of farming credits. You can utilize farming loan to meet the cost of development and for cultivating and associated activities. We likewise offer term advances for purchasing cows, buy equipment for a water system and other related necessities. Agriculture loan supports you utilizing an entire farming approach for your farms. These loans are available for various farming purposes. Farmers can apply for loan to purchase contributions for the development of crops and in addition for cultivation, aquaculture, animal farming. There are likewise other loans to buy of rural apparatus like harvesters, tractors and trucks. For the buy of substantial agriculture machinery like tractors, water system and other foundation this type of loan is necessary. We additionally fund the advancement of agribusinesses like cultivation, sericulture, fisheries, dairy and poultry. There are different types of agriculture loans are available like farm storage facilities loan, farm ownership loan, farm operating loan, fisheries finance program and other agriculture loan.

Documents Required

  • 7 / 12
  • 8 / A
  • Khate Utara
  • Pan card
  • Aadhar Card
  • Passport
  • Voter Id
  • Residence proof- Sarpanch(Head) or Talathi(Village Accountant)
  • 3 years IT returns
  • 1 year bank statement – savings / current
  • 5 photos

EMI Calculator

Description Data Entry
Loan Amount
Loan Length in Months
Interest Rate
Monthly Payment Calculated

Terms and Conditions

  • Borrower will be instructed from the office after file processing
  • Borrower have to spend 10% agreement cost after loan Approval
  • Borrower should know that he/she will have to spend 10% Agreement cost after loan approval
  • Any other amount will not be deducted as a cheque of loan approval
  • Cheque of whole expense will be given to borrower immediately after agreement
  • Make D.D. or cheque of 10% of loan cost by name “Lotus Group (LOW MONEY ENTERPRISES)”, after loan approval

Return on investment

  • Interest rate will be from 8% to 18%
  • Interest rate will be decided after borrower’s file processing
  • Interest rate will be on yearly basis
  • Loan installment will be taken by RTGS
  • If you want to return loan before return period, then you have to pay 2% extra charges

Return Period – 5 years, 10 years, 15 years, 20 years

Loan Limit – 10 lacks to 50 lacks

Helpline No : 02025282018