Overview of Agricultural Loan in Sohna
Sohna, located in Haryana’s Gurgaon district, is a key agricultural hub offering tailored agricultural loans for 2025. These loans support farmers and agribusinesses for crop cultivation, equipment purchase, or land development. Loanpao connects Sohna residents with lenders like NABARD, SBI, and HDFC Bank, offering loans up to ₹50 lakh with interest rates starting at 7% p.a. and tenures up to 15 years, including government-backed schemes like Kisan Credit Card.
Eligibility Criteria for Agricultural Loan in Sohna
| Criteria | Details |
|---|---|
| Age | 18 to 70 years |
| Income | Stable agricultural income or agribusiness revenue |
| Land Ownership | Ownership or lease of agricultural land in Sohna |
| Credit Score | Minimum 600; higher scores improve terms |
| Residence | Valid Sohna address proof |
Documents Required for Agricultural Loan in Sohna
- Identity Proof: Aadhaar, PAN Card, Driving License, Passport, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Sohna address).
- Income Proof: Agricultural income proof, bank statements (last 6 months), ITR (last 2 years).
- Land Documents: Land ownership papers, lease agreement, or Khasra/Khatauni.
- Photograph: Recent passport-size photograph.
Benefits of Agricultural Loan in Sohna
- Loan amounts up to ₹50 lakh for farming, equipment, or land development.
- Competitive interest rates starting at 7% p.a. in 2025.
- Flexible repayment tenures up to 15 years.
- Access to government schemes like Kisan Credit Card and PM Kisan Sampada Yojana.
- Quick disbursal within 7–15 days post-document verification.
Factors Affecting Agricultural Loan in Sohna
Interest Rate
Rates range from 7% to 10% p.a., based on credit score and government subsidies.
Loan Amount
Up to ₹50 lakh, depending on land value, income, and repayment capacity.
Credit Score
A score above 600 ensures better rates; lower scores may increase costs.
Land Type
Loans for fertile or cultivable land in Sohna are prioritized.
How to Apply for an Agricultural Loan in Sohna
Follow these steps to apply for an agricultural loan in Sohna through Loanpao:
- Visit loanpao.in and select "Agricultural Loan in Sohna."
- Fill out the online application form with details (name, Sohna address, agricultural income).
- Upload required documents (Aadhaar, land papers, income proof).
- Compare offers from top Sohna lenders like NABARD, SBI, and HDFC Bank.
- Get approval and funds disbursed within 7–15 days in Sohna.
Loan Eligibility for Agricultural Loan in Sohna
Check your eligibility for an agricultural loan in Sohna with Loanpao’s tool:
- Enter your agricultural income details.
- Provide your credit score (preferably above 600).
- Specify land ownership or lease details in Sohna.
- Include your Sohna address for localized offers.
Loanpao will assess your eligibility and suggest the best agricultural loan offers in Sohna.
Check Eligibility NowTrack Your Agricultural Loan Application in Sohna
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 Sohna.
- Contact Loanpao support for assistance with delays in Sohna.
Agricultural Loan Comparison in Sohna
Compare agricultural loan offers from top lenders in Sohna:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| NABARD | 7.00% p.a. | Up to ₹50 lakh | Up to 15 years | 0.25% of loan amount |
| SBI | 7.50% p.a. | Up to ₹40 lakh | Up to 12 years | 0.50% of loan amount |
| HDFC Bank | 8.00% p.a. | Up to ₹30 lakh | Up to 10 years | 0.75% of loan amount |
Frequently Asked Questions
Stable agricultural income is required, typically verified through land revenue or crop sales.
Agricultural loans in Sohna are disbursed within 7–15 days after document verification.
The maximum loan amount is up to ₹50 lakh, depending on land value and income.
Yes, eligible farmers can avail subsidies under schemes like Kisan Credit Card or PM Kisan Sampada Yojana.
Missing an EMI may incur late fees and negatively impact your credit score.