IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Bank of Maharashtra Hi-Tech Agriculture Project Loan

Project-cost term finance for greenhouses, polyhouses, shade-net structures, pre-cooling and cold storage, with five-to-nine-year repayment and eligible /NHM subsidy.

Interest rateUp to ₹10 lakh: current 11.50% p.a. Above ₹10 lakh: current 12.50% p.a.Maximum financeProject cost or estimates; no single rupee cap is published.TenureFive to nine years depending on activity cash flow.
Official product page ↗Compare category

Quick eligibility check

Bank of Maharashtra Hi-Tech Agriculture Project Loan

0 of 8 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 / approvals

2Do you meet this requirement: individual/joint landholding farmers qualify and must obtain every statutory licence and permission for the project?

Published source: Eligibility / approvals

3Do you meet this requirement: For individual or joint landholding farmers?

4Do you meet this requirement: Every statutory licence and permission required by the competent department for the unit or project is mandatory?

5Document checkDo you have this required document or proof: Form 138 and Enclosure B2?

Published source: Eligibility / approvals

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

Published source: Eligibility / approvals

7Document checkDo you have this required document or proof: No-dues certificates including PACS?

Published source: Eligibility / approvals

8Document checkDo you have this required document or proof: Legal search above ₹1.60 lakh where land is mortgaged?

Published source: Eligibility / approvals
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India; statutory approvals required

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 for hi-tech projects.View source
All examples preserved.
Source
Hi-tech Projects
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
Exact formulas calculated from current benchmark.
Source
Hi-tech Projects 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.View source
Current benchmark paired with exact 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
Hi-tech Projects
Page / section
Complete page and schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Eligibility / approvalsNo salary floor; individual/joint landholding farmers qualify and must obtain every statutory licence and permission for the project.View source
Project approval rule preserved.
Source
Hi-tech Projects
Page / section
Eligibility; Conditions
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum financeProject cost or estimates; no single rupee cap is published.View source
Published amount basis.
Source
Hi-tech Projects
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureFive to nine years depending on activity cash flow.View source
Published range.
Source
Hi-tech Projects
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore.View source
Agriculture term-loan row.
Source
Service Charges
Page / section
page 81
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment charge2% of prepaid amount when prepayment exceeds 25% of sanctioned limit; nil below that outstanding threshold; MSEs exempt.View source
Current all-credit rule.
Source
Service Charges - All Credit
Page / section
Term-loan prepayment row
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Greenhouse, polyhouse, shade-net, pre-cooling and cold-storage projects
  • Project-cost finance
  • Five to nine years
  • Nil margin up to ₹2 lakh
  • /NHM subsidy for eligible projects

Eligibility

  • For individual or joint landholding farmers. Every statutory licence and permission required by the competent department for the unit or project is mandatory.

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

Documents the bank lists

  • Form 138 and Enclosure B2
  • 7/12, 8A, 6D and boundary records
  • No-dues certificates including PACS
  • Legal search above ₹1.60 lakh where land is mortgaged
  • Project quotations, plan estimates, statutory licences and permissions
  • Guarantee Form F-138 and guarantor records

Related official documents

Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗
Hi-tech Projectsofficial-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

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

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

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Facility · Published detailTerm Loan

This value is copied from Hi-tech Projects - complete published scheme table. Check the table notes before relying on it.

Source: Hi-tech Projects · 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 · 10 rows · 2 columnsHi-tech Projects - complete published scheme tableView tableHide table

Scroll sideways to view every column

Hi-tech Projects - complete published scheme table
ParticularPublished detail
FacilityTerm Loan
PurposeGreenhouse, polyhouse, shade net, pre-cooling, cold storage and other hi-tech agriculture
EligibilityIndividual/joint landholders
AmountProject cost/estimates
MarginNil to ₹2 lakh; 15%-25% above
RateUp to ₹10 lakh: 1Y +BSS 0.50%+2%; above: +3%
SecurityUp to ₹2 lakh assets/crops; above plus guarantee or land mortgage
Repayment5-9 years by cash flow
ConditionsAll statutory licences/permissions mandatory; eligible /NHM subsidy
DocumentsForm 138/B2; land/boundary records; no-dues/PACS; legal search; project evidence/permissions; guarantee/guarantor records
Hi-tech Projects · 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 ↗

More from Bank of Maharashtra

Related products

Bank of Maharashtra Agri-Clinic and Agri-Business Centre Loan

Term finance for qualified candidates aged 18 to 60 to establish an agri-clinic or agri-business centre, up to ₹20 lakh individually or ₹1 crore for a five-member group, with five-to-ten-year repayment and eligible subsidy.

View product

Bank of Maharashtra Agriculture Gold Loan

An agriculture term loan against pledged gold jewellery for crop, allied-activity and investment needs, up to ₹1 crore per borrower and repayable within 24 months.

View product

Bank of Maharashtra Animal Husbandry Loan

Term-loan or cash-credit finance for dairy, draught animals, poultry, sheep/goat rearing, animal sheds, machinery and working capital, with project-based finance and three-to-seven-year term repayment.

View product

Bank of Maharashtra Farm Mechanization Loan

Up to ₹25 lakh for new or second-hand tractors, power tillers, combine harvesters, threshers, sprayers and other farm machinery, repayable over five to nine years.

View product