Overview of agri Loan in Alwar, Rajasthan
agri loans in Alwar, Rajasthan, provide financing for farmers to support crop production, equipment purchases, land development, or irrigation systems. , these loans offer interest rates starting at 7% p.a., with loan amounts up to ₹50 lakh based on land ownership and agri income. Lenders like SBI, NABARD, and HDFC Bank provide tenures up to 15 years, often with subsidies under schemes like PM Kisan. Loanpao helps Alwar farmers compare agri loan offers, check eligibility, and apply online for quick processing.
Eligibility Criteria for agri Loan in Alwar
| Criteria | Details |
|---|---|
| Age | 18–70 years |
| Occupation | Farmer or agri worker in Alwar |
| Land Ownership | Owned or leased agri land in Alwar |
| Residence | Valid Alwar address proof |
| Credit Score | Preferably above 600 |
Documents Required for agri Loan in Alwar
- Identity Proof: Aadhaar, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Alwar address).
- Land Documents: Land ownership papers, lease agreement, or 7/12 extract.
- Income Proof: agri income proof or crop sale receipts.
- Bank Statement: Last 6 months’ bank statements.
- Scheme Documents: PM Kisan or KCC registration (if applicable).
Benefits of agri Loan in Alwar
- Loan amounts up to ₹50 lakh for farming needs in Alwar.
- Low interest rates starting at 7% p.a. .
- Long tenures up to 15 years for affordable EMIs.
- Subsidies under schemes like PM Kisan and KCC in Alwar.
- Support for crops, equipment, and irrigation systems.
Factors Affecting agri Loan in Alwar
Land Ownership
Owned or leased land increases loan eligibility and amount.
Interest Rate
Rates range from 7% to 10% p.a., based on lender and scheme.
agri Income
Higher income supports larger loans and better terms.
Credit Score
Scores above 600 ensure faster approval and lower rates.
How to Apply for an agri Loan in Alwar
Follow these steps to apply for an agri loan in Alwar through Loanpao:
- Visit loanpao.in and select "agri Loan in Alwar, Rajasthan."
- Complete the online application with personal and land details.
- Upload required documents (Aadhaar, land papers, income proof).
- Compare offers from Alwar lenders like SBI and NABARD.
- Get approval and funds disbursed within 7–15 days in Alwar.
Loan Eligibility for agri Loan in Alwar
Check your eligibility for an agri loan in Alwar with Loanpao’s tool:
- Confirm age (18–70 years).
- Verify occupation (farmer or agri worker).
- Provide land ownership or lease documents.
- Submit Alwar address proof.
- Check credit score (preferably above 600).
Loanpao will assess your eligibility and suggest the best agri loan offers in Alwar.
Check Eligibility NowTrack Your agri Loan Application in Alwar
Loanpao provides a seamless tracker for your agri loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Alwar.
- Contact Loanpao support for assistance with delays in Alwar.
agri Loan Comparison in Alwar
Compare agri loan offers from top lenders in Alwar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 7.0% p.a. | Up to ₹50 lakh | Up to 15 years | 0.5% of loan amount |
| NABARD | 7.5% p.a. | Up to ₹40 lakh | Up to 12 years | 0.75% of loan amount |
| HDFC Bank | 8.0% p.a. | Up to ₹30 lakh | Up to 10 years | 1% of loan amount |
Frequently Asked Questions
Crop production, equipment purchases, land development, or irrigation.
agri loans in Alwar are disbursed within 7–15 days after approval.
Up to ₹50 lakh, based on land ownership and agri income.
Land or crop hypothecation may be required for larger loans.
Yes, with a valid lease agreement and lender approval.