Agricultural Loan in Ballabgarh 2025

Overview of Agricultural Loan in Ballabgarh

Agricultural loans in Ballabgarh, a key agricultural and industrial hub in Haryana’s Faridabad district, provide financial support for farmers to invest in crops, equipment, irrigation, or land development. In 2025, these loans offer interest rates starting at 7% p.a., with loan amounts up to ₹50 lakh, often backed by government schemes like PM Kisan or Kisan Credit Card (KCC). Lenders like SBI, Punjab National Bank, and NABARD offer tenures from 1 to 15 years. Loanpao simplifies the process for Ballabgarh farmers with eligibility checks, lender comparisons, and online applications.

Eligibility Criteria for Agricultural Loan in Ballabgarh

Criteria	Details
Applicant Type	Individual farmers, joint cultivators, or farmer producer organizations
Land Ownership	Owned or leased agricultural land in Ballabgarh
Age	18–70 years
Residence	Resident of Ballabgarh or nearby areas
Credit Score	600 or above preferred (not mandatory for KCC)

Documents Required for Agricultural Loan in Ballabgarh

• Identity Proof: Aadhaar Card, PAN Card, or Voter ID.
• Address Proof: Utility bill, Aadhaar, or rental agreement (Ballabgarh address).
• Land Documents: Land ownership papers, lease agreement, or 7/12 extract.
• Farming Proof: Crop details, Kisan Credit Card (if applicable).
• Income Proof: Agricultural income proof or bank statements (last 6 months).
• Photographs: Passport-size photos of the applicant.

Benefits of Agricultural Loan in Ballabgarh

• Loan amounts up to ₹50 lakh for farming, equipment, or irrigation.
• Low interest rates starting at 7% p.a. in 2025, often subsidized.
• Flexible repayment tenures from 1 to 15 years, aligned with crop cycles.
• Government-backed schemes like KCC and PM Kisan available.
• Fast disbursal within 7–15 days in Ballabgarh.

Factors Affecting Agricultural Loan in Ballabgarh

Interest Rate

Rates range from 7% to 10% p.a., influenced by government subsidies and lender policies.

Land Ownership

Owned land increases loan amounts; leased land may require additional documentation.

Credit Score

A score above 600 improves terms, though not mandatory for some schemes.

Crop Type

Loans for high-yield crops or horticulture may qualify for better terms.

How to Apply for an Agricultural Loan in Ballabgarh

Follow these steps to apply for an agricultural loan in Ballabgarh through Loanpao:

1. Visit loanpao.in and select "Agricultural Loan in Ballabgarh."
2. Fill out the online application form with personal and farming details (name, Ballabgarh address, land size).
3. Upload required documents (land papers, ID proof, income proof).
4. Compare offers from top Ballabgarh lenders like SBI, PNB, and NABARD.
5. Get funds disbursed within 7–15 days after approval.

Apply Now

Loan Eligibility for Agricultural Loan in Ballabgarh

Check your eligibility for an agricultural loan in Ballabgarh with Loanpao’s tool:

• Enter personal details (age, Ballabgarh address).
• Provide farming details (land ownership, crop type, farming experience).
• Submit income details (agricultural income or bank statements).
• Include credit score (600+ preferred) or KCC details if applicable.

Loanpao will assess your eligibility and suggest the best agricultural loan offers in Ballabgarh.

Check Eligibility Now

Track Your Agricultural Loan Application in Ballabgarh

Loanpao provides a seamless tracker for your agricultural 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 Ballabgarh.
• Contact Loanpao support for assistance with delays in Ballabgarh.

Track Application Now

Agricultural Loan Comparison in Ballabgarh

Compare agricultural loan offers from top lenders in Ballabgarh:

Lender	Interest Rate	Loan Amount	Tenure	Processing Fee
SBI	7% p.a.	Up to ₹50 lakh	1–15 years	0.5%–1% of loan amount
Punjab National Bank	7.5% p.a.	Up to ₹40 lakh	1–12 years	0.75%–1.5% of loan amount
NABARD	8% p.a.	Up to ₹30 lakh	1–10 years	1%–2% of loan amount

Frequently Asked Questions

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