10. Loan For Land Development

Land Development aims to convert fallow/ barren or uncultivable land into cultivable. This includes land leveling, land reclamation etc. Individual farmer with good repayment record is the eligibility criteria. Loan quantum will be considered on the basis of engineers estimate engineers certificate as per government-scheduled rate.


11.Horticulture & Forestry Development Loans

The bank extends financial assistance to individual farmer or group of farmer for the Activities relating to the establishment/ maintenance of the Nurseries of ornamental plants and trees, orchards and quick growing trees and shrubs. Indicative list of activities are Grafting, Layering, Budding, construction of fence, Purchase of planting materials, Preparation of land, seeds and seedlings, fertilizers, pesticides etc.

Eligibility: Individuals and group of farmers

Tenor: Fixed based on the gestation period of different crops.


12. Loans For Bullock Pair & Bullock Cart

IDBI Bank grants term loan to farmer Small, Marginal and Other Farmers /Agricultural and landless labourers for purchases of Bullock pair with Bullock cart. Bullock pair with cart is beneficial for various farm operations, transportation and marketing of farm produce etc. Loan amount is sanctioned on the basis of NABARD Unit cost. Repayment period is 4 to 5 year including 3 months gestation period. Repayment will be half yearly / yearly installments. Rate of interest is below BPLR for loan upto 2 lacs.


13. Two Wheeler Loan To Farmers

IDBI Bank grants term loan upto Rs. 50000/- for purchase of two-wheeler to the farmers with an objective to supervise agricultural operation in time to increase mobility of farmer and timely access to the market.


14. Bio Gas

In view of the growing energy crisis, there is need for developing new as well as renewable sources of energy. National Programme for Bio-gas Development was implemented for this purpose by government. Expenses on construction of biogas chambers of steel gasholder and even construction of latrine, if attached are recommended for financing. Many agencies, such as Z.P. / State Govt./ Central Govt. are providing subsidy, which is treated as margin for the loan.


15. Dairy Loans

Credit for Individuals and group of farmers for Purchase of high yielding milch animals (Cattle: Indigenous breed like Gir, Tharparker, etc. and exotic breeds like Jersey, Holstein fresian, etc. and in case of Buffaloes: Mehsana, Jafarbadi, etc.), Construction of cattle shed, Purchase of dairy equipments, chaff cutters, etc and expenditure incurred for transportation of animals where the animals are not purchased locally.

Eligibility: Individuals and group of farmers experienced in Dairy farming and are actively engaged in such activity.

Source: http://www.idbi.com