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Bank of Maharashtra Estate Purchase Loan

Up to ₹20 lakh to purchase a traditional plantation estate such as coffee, tea, rubber, cardamom, cashew, pepper or coconut, with seven-to-nine-year standard repayment and up to 20 years in specific cases.

Interest rateUp to ₹10 lakh: current 11.50% p.a. Above ₹10 lakh: current 12.50% p.a.Maximum financeUp to ₹20 lakh, calculated from the lower applicable market value, guidance/circle rate or purchase consideration after margin, plus eligible stamp duty and registration costs.TenureNormally seven to nine years; up to 20 years in specific cases depending on estate condition and rejuvenation needs.
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Quick eligibility check

Bank of Maharashtra Estate Purchase Loan

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No salary floor?

Published source: Eligibility / repayment capacity

2Do you meet this requirement: The buyer must already own a yielding estate, have relevant experience, be financially sound, bring the margin and demonstrate debt-servicing capacity?

Published source: Eligibility / repayment capacity

3Do you meet this requirement: The purchaser must already have a yielding estate, be experienced and financially sound, be able to bring the margin and service the debt, qualify under State norms, and remain within the applicable land-ceiling limit?

4Document checkDo you have this required document or proof: Application form?

Published source: Eligibility / repayment capacity

5Document checkDo you have this required document or proof: Certified land and title records?

Published source: Eligibility / repayment capacity

6Document checkDo you have this required document or proof: 7/12, 8A, 6D and boundary records?

Published source: Eligibility / repayment capacity

7Document checkDo you have this required document or proof: No-dues certificates from PACS, Commodity Board and financial institutions?

Published source: Eligibility / repayment capacity
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India; State land-ceiling and plantation rules apply

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeAgriculture term loan to purchase a traditional plantation estate.View source
The listed plantation types are preserved in the source table.
Source
Estate Purchase Loans
Page / section
Facility; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateUp to ₹10 lakh: current 11.50% p.a. Above ₹10 lakh: current 12.50% p.a.View source
Both exact formula slabs are calculated from the current one-year .
Source
Estate Purchase Loans and current notice
Page / section
Rate; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkOne-year MCLR 9.00% + BSS 0.50% + 2.00% up to ₹10 lakh, or +3.00% above ₹10 lakh.View source
Current benchmark paired only with the published spreads.
Source
effective 25.07.2026
Page / section
Page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
No fee-inclusive appears.
Source
Estate Purchase Loans
Page / section
Complete page and current schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Eligibility / repayment capacityNo salary floor. The buyer must already own a yielding estate, have relevant experience, be financially sound, bring the margin and demonstrate debt-servicing capacity.View source
All qualitative financial-capacity and experience rules are retained.
Source
Estate Purchase Loans
Page / section
Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum financeUp to ₹20 lakh, calculated from the lower applicable market value, guidance/circle rate or purchase consideration after margin, plus eligible stamp duty and registration costs.View source
The cap and valuation safeguards are preserved.
Source
Estate Purchase Loans
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureNormally seven to nine years; up to 20 years in specific cases depending on estate condition and rejuvenation needs.View source
Both the standard range and exceptional maximum are retained.
Source
Estate Purchase Loans
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil up to ₹5 lakh; 1% above ₹5 lakh to this product's ₹20 lakh maximum.View source
The applicable current tariff is mapped to the product maximum.
Source
Service Charges
Page / section
page 81, agriculture term-loan row
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment charge2% of prepaid amount when prepayment exceeds 25% of sanctioned limit; nil when principal outstanding is below 25% of sanctioned limit; MSEs are exempt.View source
Current all-credit term-loan rule.
Source
Service Charges - All Credit
Page / section
Term-loan prepayment row
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum ₹20 lakh
  • Traditional plantation-estate purchase
  • Seven to nine years normally
  • Up to 20 years in specific cases
  • Market-value, circle-rate and purchase-price safeguards

Eligibility

  • The purchaser must already have a yielding estate, be experienced and financially sound, be able to bring the margin and service the debt, qualify under State norms, and remain within the applicable land-ceiling limit.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application form
  • Certified land and title records
  • 7/12, 8A, 6D and boundary records
  • No-dues certificates from PACS, Commodity Board and financial institutions
  • Sale agreement or offer
  • Crop history for the existing and target estates
  • Panel valuation report
  • Legal search above ₹1.60 lakh
  • Guarantee Form and guarantor records where required

Related official documents

Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗
Scheme for Estate Purchase Loansofficial-product-page · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗

Plan before applying

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

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Facility · Published detailAgriculture Term Loan

This value is copied from Estate Purchase Loans - complete published scheme table. Check the table notes before relying on it.

Source: Estate Purchase Loans · Complete table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 11 rows · 2 columnsEstate Purchase Loans - complete published scheme tableView tableHide table

Scroll sideways to view every column

Estate Purchase Loans - complete published scheme table
ParticularPublished detail
FacilityAgriculture Term Loan
PurposePurchase of traditional plantation estates including coffee, tea, rubber, cardamom, cashew, pepper and coconut
EligibilityBuyer owns a yielding estate, can rejuvenate the target estate, has satisfactory dealings, relevant experience and financial strength, can bring margin/service debt, meets State norms and remains within land-ceiling rules
Target estatePreferably a neglected estate capable of rejuvenation
AmountLower applicable market value, guidance/circle rate or purchase consideration after margin, plus eligible stamp/registration cost; maximum ₹20 lakh
MarginNormally 50% of the lower purchase consideration or value
RateUp to ₹10 lakh 1Y +BSS 0.50%+2%; above ₹10 lakh +3%
Primary securityMortgage of purchased property and hypothecation of crops
CollateralMortgage of existing landed property, preferably residential; total security at least 200% of loan
RepaymentSeven to nine years normally; up to 20 years in specific cases depending on estate condition and rejuvenation
DocumentsCertified land/title records; PACS, Commodity Board and financial-institution no-dues; sale agreement/offer; crop histories; panel valuation; application; 7/12, 8A, 6D and boundaries; legal search; guarantor records
Estate Purchase Loans · Complete table · accessed 31 Aug 2026Open official source ↗
Table 2 · 5 rows · 3 columnsBank of Maharashtra MCLR effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra MCLR effective 25 July 2026
TenorResidual maturity p.a.
Overnight1 day7.30%
One month>1 day to 1 month8.30%
Three months>1 to 3 months8.55%
Six months>3 to 6 months8.90%
One year>6 months9.00%
effective 25.07.2026 · Page 1 · accessed 31 Aug 2026Open official source ↗

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