Overview of Agricultural Loan in Bawal, Rewari
Agricultural loans in Bawal, Rewari support farmers and agribusinesses by providing funds for crop cultivation, equipment purchase, irrigation, or allied activities like dairy and poultry. In 2025, these loans start at 7% p.a., with amounts up to ₹50 lakh, often backed by government schemes like Kisan Credit Card (KCC) or NABARD. Lenders like State Bank of India, HDFC Bank, and regional rural banks in Bawal, Rewari offer tailored solutions. Loanpao streamlines the process with lender comparisons, eligibility checks, and online applications, ensuring disbursal within 7–15 days.
Eligibility Criteria for Agricultural Loan in Bawal, Rewari
| Criteria | Details |
|---|---|
| Applicant Type | Individual farmers, joint cultivators, or agribusiness owners |
| Age | 18–70 years |
| Land Ownership | Owned or leased agricultural land in Bawal, Rewari |
| Residence | Resident of Bawal, Rewari or nearby areas |
| Credit Score | 600+ preferred; not mandatory for KCC or subsidized schemes |
Documents Required for Agricultural Loan in Bawal, Rewari
- Identity Proof: Aadhaar, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or ration card for Bawal, Rewari address.
- Land Documents: Land ownership papers, lease agreement, or 7/12 extract.
- Farming Proof: Crop details, KCC registration, or agribusiness license.
- Income Proof (if required): ITR or income certificate for larger loans.
- Bank Statements: Last 6 months for loan assessment.
Benefits of Agricultural Loan in Bawal, Rewari
- Low interest rates starting at 7% p.a. in 2025, often subsidized.
- Loan amounts up to ₹50 lakh for farming and allied activities.
- Flexible repayment aligned with harvest cycles (up to 5 years).
- Access to government schemes like KCC, PM Kisan, or NABARD refinance.
- Quick disbursal within 7–15 days in Bawal, Rewari.
Factors Affecting Agricultural Loan in Bawal, Rewari
Interest Rate
Rates range from 7% to 12% p.a., depending on loan type, scheme, and collateral.
Loan Amount
Based on land size, crop type, and project cost, up to ₹50 lakh.
Credit Score
A score of 600+ improves terms; subsidized schemes may waive this requirement.
Collateral
Land or crops may be pledged for larger loans; KCC loans are often unsecured.
How to Apply for an Agricultural Loan in Bawal, Rewari
Follow these steps to apply for an agricultural loan in Bawal, Rewari through Loanpao:
- Visit loanpao.in and select "Agricultural Loan in Bawal, Rewari."
- Fill out the online application with personal and farming details (name, Bawal, Rewari address, land size).
- Upload required documents (ID, land papers, farming proof).
- Compare offers from lenders like SBI, HDFC Bank, and regional banks in Bawal, Rewari.
- Secure approval and disbursal within 7–15 days.
Loan Eligibility for Agricultural Loan in Bawal, Rewari
Check your eligibility for an agricultural loan in Bawal, Rewari with Loanpao’s tool:
- Enter personal details (age, Bawal, Rewari address).
- Provide farming details (land size, crop type, agribusiness type).
- Submit land documents or KCC registration details.
- Specify loan purpose (e.g., seeds, equipment, irrigation).
Loanpao will assess your eligibility and recommend the best agricultural loan offers in Bawal, Rewari.
Check Eligibility NowTrack Your Agricultural Loan Application in Bawal, Rewari
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 loan disbursal in Bawal, Rewari.
- Contact Loanpao support for assistance with delays in Bawal, Rewari.
Agricultural Loan Comparison in Bawal, Rewari
Compare agricultural loan offers from top lenders in Bawal, Rewari:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| State Bank of India | 7% p.a. | Up to ₹50 lakh | Up to 5 years | 0.5% of loan amount |
| HDFC Bank | 8% p.a. | Up to ₹30 lakh | Up to 4 years | 1% of loan amount |
| Punjab National Bank | 7.5% p.a. | Up to ₹25 lakh | Up to 5 years | 0.75% of loan amount |
Frequently Asked Questions
Agricultural loans can be used for crop cultivation, buying seeds, fertilizers, equipment, irrigation, or allied activities like dairy or poultry in Bawal, Rewari.
Agricultural loans are typically processed within 7–15 days in Bawal, Rewari, depending on the lender and scheme.
Loan amounts can go up to ₹50 lakh, depending on land size, crop type, and lender policies.
Collateral like land may be required for larger loans, but schemes like KCC are often unsecured.
Yes, tenant farmers with valid lease agreements can apply, especially under schemes like KCC.
Yes, schemes like Kisan Credit Card, PM Kisan Sampada Yojana, and NABARD refinance support farmers in Bawal, Rewari.