Agriculture Infrastructure Fund (AIF)
Features & Benefits
Eligible Applicants
- Individual farmers
- Farmer Producers Organizations (FPOs)
- Self Help Group (SHG)
- Joint Liability Groups (JLG)
- Partnership firms, Pvt Limited Company
- Primary Agricultural Credit Societies (PACS)
- Marketing Co-operative Societies
- Multipurpose Cooperative Societies
- Agri-entrepreneurs, Start-ups
- Central/State agency or Local Body sponsored Public-Private Partnership Projects.
Eligible Projects under the scheme
Post-Harvest Management Projects like:
- Warehouses
- Silos
- Pack houses
- Assaying units
- Sorting & grading units
- Cold chains
- Logistics facilities
- Primary processing centers
- Supply chain services etc
Viable projects for building community farming assets including:
- Organic inputs production
- Bio stimulant production units
- Infrastructure for smart and precision agriculture etc.
Repayment Options
Repayment of loan will be Monthly/Quarterly/Half yearly instalments depending upon the Cash flow. Graded instalments are also allowed.
How to Apply
The Eligible Applicant can apply the loans under AIF Scheme through AIF Online Portal
After Successful registration, the applicant needs to upload Details Project Report (DPR) and other related documents.
Checklist of documents for AIF can be accessed through https://agriinfra.dac.gov.in/Home/CheckList
Interest Rates & Charges
Please visit the rates and charges page for details
Explore Other Agri Loans
AGRI FARM CREDIT LOANS
Features & Benefits
Loans to individual farmers [including Self Help Groups (SHGs) or Joint Liability Groups (JLGs) i.e. groups of individual farmers, provided banks maintain disaggregated data of such loans and Proprietorship firms of farmers, directly engaged in Agriculture and Allied Activities, viz. dairy, fishery, animal husbandry, poultry, bee-keeping and sericulture. Loans sanctioned to Corporate farmers, Farmer Producer Organisations (FPOs)/(FPC) Companies of Individual Farmers, Partnership firms and Co-operatives of farmers engaged in Agriculture and Allied Activities are also eligible under farm credit subject to specific conditions.
AGRI INFRASTRUCTURE LOANS
Features & Benefits
Loans provided for construction of storage facilities, soil conservation and watershed development, Plant tissue culture and Agri-biotechnology, seed production, production of bio-pesticides, bio-fertilizer, and vermi composting are eligible to be classified under Agri infrastructure. Loans for construction of oil extraction/ processing units for production of bio-fuels, their storage and distribution infrastructure along with loans to entrepreneurs for setting up Compressed Bio Gas (CBG) plants are also eligible as per revised RBI guidelines.
AGRI ANCILLARY SERVICES
Features & Benefits
Loans to co-operative societies of farmers for purchase of the produce of members , Loans for setting up of Agri-clinics and Agri-business centres, Loans to Start-ups that are engaged in agriculture and allied services, Loans to Custom Service Units who undertake farm work for farmers on contract basis are eligible under this category. Loans provided for Food and Agro-processing up to an aggregate sanctioned limit of ₹100 crore per borrower from the banking system is also eligible under Ancillary services. Loans sanctioned by banks to MFIs and NBFCs complying specific conditions stipulated by RBI for on-lending to agriculture sector will also qualify under this head. In addition to these Bank loans to Primary Agricultural Credit Societies (PACS), Farmers’ Service Societies (FSS) and Large-sized Adivasi Multi-Purpose Societies (LAMPS) for on-lending to agriculture will qualify under ancillary category for priority classification.
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