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Bank of Maharashtra Kisan All Purpose Term Loan

A single agriculture term-loan limit for a farmer's planned investment and development needs over the next two to three years, capped at ₹20 lakh and repayable over as long as nine years.

Interest rateUp to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.Maximum amount₹20 lakh, also subject to the lower of five times annual income or 50% of mortgaged-land value.TenureUp to nine years in instalments aligned with the farmer's overall income generation.
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Quick eligibility check

Bank of Maharashtra Kisan All Purpose Term 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 standalone income floor?

Published source: Income / security basis

2Does your annual income meet this requirement: maximum finance is the lower of five times current annual income or 50% of mortgaged-land value?

Published source: Income / security basis

3Do you meet this requirement: For eligible owner-cultivators and agriculture/allied-activity groups, JLGs and SHGs?

4Do you meet this requirement: Projects with a gestation longer than three to four years are excluded from this all-purpose limit?

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

Published source: Income / security basis

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

Published source: Income / security basis

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

Published source: Income / security basis

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

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

India

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 covering a two- to three-year investment plan with multiple eligible agriculture/allied activities.View source
The page defines a single term-loan limit for a combined investment plan.
Source
Kisan All Purpose Term Loan
Page / section
Facility; Purpose; Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateUp to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.View source
The product publishes exact formulas and the current one-year is 9.00%.
Source
Kisan All Purpose Term Loan and current notice
Page / section
Rate of Interest; 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
The current benchmark is combined with the product's exact spread formula.
Source
with effect from 25.07.2026
Page / section
page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
No fee-inclusive appears in the reviewed official sources.
Source
Kisan All Purpose Term Loan
Page / section
Complete product table and linked current schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Income / security basisNo standalone income floor; maximum finance is the lower of five times current annual income or 50% of mortgaged-land value.View source
The product uses annual income and land value as caps, not a salary floor.
Source
Kisan All Purpose Term Loan
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹20 lakh, also subject to the lower of five times annual income or 50% of mortgaged-land value.View source
The amount row publishes all three caps.
Source
Kisan All Purpose Term Loan
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureUp to nine years in instalments aligned with the farmer's overall income generation.View source
The page publishes a nine-year maximum.
Source
Kisan All Purpose Term Loan
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeAgriculture term-loan tariff: nil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore.View source
The current schedule publishes the agriculture term-loan slabs.
Source
Service Charges - Commercial, and Agriculture Credit
Page / section
Processing Fees - Term Loan: including Agriculture Credit
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment charge2% of the prepaid amount when prepayment exceeds 25% of the sanctioned limit; nil when principal outstanding is below 25% of sanctioned limit; not applicable to Micro and Small Enterprises.View source
The all-credit tariff states the threshold, nil case and exemption.
Source
Service Charges - All Credit
Page / section
Prepayment Charges - Term Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • One term-loan limit can combine multiple agriculture and allied investments
  • Maximum ₹20 lakh
  • Quantum is the lower of five times annual income or 50% of mortgaged-land value
  • Up to nine years
  • Nil margin up to ₹2 lakh

Eligibility

  • For eligible owner-cultivators and agriculture/allied-activity groups, and . Projects with a gestation longer than three to four years are excluded from this all-purpose limit.

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

Documents the bank lists

  • Loan application Form 138 and Enclosure B2
  • 7/12, 8A and 6D land extracts and boundary record
  • No-dues certificates including PACS
  • Panel-advocate legal search above ₹1.60 lakh where land is mortgaged
  • Price quotations, estimates and permissions for the proposed activities
  • Guarantee Form F-138 and guarantor land/PACS records where applicable

Related official documents

Mahabank Kisan All Purpose Term Loanofficial-product-page · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗
Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-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 detailTerm Loan

This value is copied from Kisan All Purpose Term Loan — complete published scheme table. Check the table notes before relying on it.

Source: Kisan All Purpose Term Loan · Complete scheme 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 columnsKisan All Purpose Term Loan — complete published scheme tableView tableHide table

Scroll sideways to view every column

Kisan All Purpose Term Loan — complete published scheme table
ParticularPublished detail
FacilityTerm Loan
PurposeSingle limit for agriculture/allied term-loan needs, excluding projects with more than 3–4 years' gestation
EligibilityIndividual/joint/group owner-cultivators and agriculture/allied /
AmountInvestment plan for next 2–3 years; lower of 5× annual income or 50% mortgaged-land value; maximum ₹20 lakh
MarginNil up to ₹2 lakh; 15%–25% above ₹2 lakh
RateUp to ₹10 lakh: 1-year +BSS 0.50%+2%; above ₹10 lakh: 1-year +BSS 0.50%+3%
SecurityUp to ₹2 lakh: crop hypothecation; above ₹2 lakh: crop hypothecation plus guarantee/land mortgage
RepaymentUp to nine years, aligned with overall income generation
InsuranceAssets created insured for full value
Completion conditionProject to be created/completed within 15/30 days of disbursement
DocumentsForm 138/B2; land extracts/boundaries; no-dues including PACS; legal search above ₹1.60 lakh; quotations/estimates/permissions; guarantee and guarantor records
Kisan All Purpose Term Loan · Complete scheme 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 monthMore than 1 day to 1 month8.30%
Three monthsMore than 1 month to 3 months8.55%
Six monthsMore than 3 months to 6 months8.90%
One yearMore than 6 months9.00%
with effect from 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

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