Overview of Agricultural Loan in Gurugram
Agricultural loans in Gurugram support farmers and agribusinesses in funding crop cultivation, equipment purchases, or irrigation systems. In 2025, lenders like SBI, NABARD, and HDFC Bank offer agricultural loans in Gurugram with interest rates starting at 7% p.a. Loanpao helps you compare offers, check eligibility, and apply for agricultural loans tailored to Gurugram’s semi-urban and rural areas like Pataudi and Farrukhnagar.
Eligibility Criteria for Agricultural Loan in Gurugram
| Criteria | Details |
|---|---|
| Applicant Type | Individual farmers, farmer groups, or agribusinesses |
| Residency | Resident of Gurugram with valid address proof |
| Land Ownership | Ownership or lease of agricultural land |
| Income | Stable income from agriculture or allied activities |
| Credit Score | Minimum 650 (if applicable) |
| Collateral | Land, crops, or equipment (for secured loans) |
Documents Required for Agricultural Loan in Gurugram
- Identity Proof: Aadhaar Card, PAN Card, or Voter ID.
- Address Proof: Utility bill or Aadhaar (Gurugram address).
- Land Documents: Land ownership deed or lease agreement.
- Income Proof: Crop sale receipts or income certificate.
- Bank Statements: Last 6 months of account.
- Loan Purpose: Proposal for crop cultivation, equipment, or irrigation.
Benefits of Agricultural Loan in Gurugram
- Low interest rates starting at 7% p.a. in 2025.
- Loan amounts up to ₹50 lakh for farming needs.
- Subsidies under schemes like PM Kisan or NABARD.
- Flexible repayment aligned with crop cycles (up to 5 years).
- Quick disbursal within 7-15 days from lenders like SBI.
Factors Affecting Agricultural Loan in Gurugram
Interest Rate
Rates range from 7% to 12%, based on loan type and subsidies.
Loan Amount
Up to 75% of project cost or collateral value.
Credit Score
A score above 650 improves terms, but not mandatory for subsidized loans.
Land Ownership
Clear land title or lease enhances eligibility.
How to Apply for an Agricultural Loan in Gurugram
Follow these steps to apply for an agricultural loan in Gurugram through Loanpao:
- Visit loanpao.in and select "Agricultural Loan in Gurugram."
- Fill out the online application with farming and land details.
- Upload required documents (ID, land deed, income proof).
- Submit the application and get approval within 48 hours.
- Receive funds within 7-15 days after verification.
Loan Eligibility for Agricultural Loan in Gurugram
Check your eligibility for an agricultural loan in Gurugram with Loanpao’s eligibility tool:
- Enter farming details (land size, crop type).
- Provide Gurugram address for localized offers.
- Specify loan purpose (cultivation, equipment, irrigation).
Loanpao will instantly assess your eligibility and suggest the best agricultural loan offers in Gurugram.
Check Eligibility NowTrack Your Agricultural Loan Application in Gurugram
Loanpao provides a seamless tracker for your agricultural loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on your application status (e.g., verification, approved, disbursed).
- Receive notifications for disbursal updates in Gurugram.
- Contact Loanpao support for assistance with delays in Gurugram.
Agricultural Loan Comparison in Gurugram
Compare agricultural loan offers from top lenders in Gurugram:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SBI | 7% p.a. | Up to ₹50 lakh | Up to 5 years | 0.5% of loan amount |
| NABARD | 7.5% p.a. | Up to ₹1 crore | Up to 7 years | 0.25% of loan amount |
| HDFC Bank | 8% p.a. | Up to ₹25 lakh | Up to 4 years | 1% of loan amount |
Frequently Asked Questions
An agricultural loan supports farmers in Gurugram for crop cultivation, equipment purchases, or irrigation systems.
Interest rates start at 7% p.a., depending on the lender and scheme.
Agricultural loans are typically disbursed within 7-15 days after approval in Gurugram.
A credit score of 650 is preferred but not mandatory for subsidized loans.
Loan amounts can go up to ₹1 crore, depending on the project and lender.
Yes, most lenders allow early repayment with no prepayment charges for agricultural loans.
Collateral like land or crops is required for secured loans but not for small, subsidized loans.
Top lenders include SBI, NABARD, and HDFC Bank in Gurugram.
Yes, Loanpao offers an online application process for agricultural loans in Gurugram.
Processing fees range from 0.25% to 1% of the loan amount, depending on the lender.