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Canara Kisan All Purpose Term Loan

Single term-loan limit for farm mechanisation, land development, irrigation, water conservation, horticulture and allied activities, up to ₹20 lakh.

Interest rateSpread over MCLR: 1.40% up to ₹3 lakh; 2.30% above ₹3 lakh up to ₹1 crore; above ₹1 crore is scored, with published spreads from 2.20% to 3.50%.Maximum amountUp to ₹20 lakh, limited to five times annual farm income or 50% of mortgaged-land value (for aggregate loans above ₹1.60 lakh), whichever is lower.TenureUp to 9 years; ballooning repayment may be structured and interest is paid with instalments.
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Quick eligibility check

Canara Kisan All Purpose Term Loan

0 of 4 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 fixed income threshold is published?

Published source: Minimum income

2Does your annual income meet this requirement: existing Canara agricultural borrower status and farm-income assessment are required?

Published source: Minimum income

3Do you meet this requirement: Existing Canara agricultural-loan borrower (excluding gold loan/VSL) with three years' satisfactory track record?

4Do you meet this requirement: Tractors, combine harvesters, cars and long-gestation projects are excluded?

0 of 4 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; existing Canara agricultural borrowers

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 typeSingle term loan for farm mechanisation, land development, minor irrigation, water conservation, horticulture and allied activities; long-gestation projects and vehicle purchases are excluded.View source
Canara lists eligible investment activities and exclusions.
Source
Kisan All Purpose Term Loan
Page / section
Purpose; Exclusions
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateSpread over MCLR: 1.40% up to ₹3 lakh; 2.30% above ₹3 lakh up to ₹1 crore; above ₹1 crore is scored, with published spreads from 2.20% to 3.50%.View source
The official rate table provides amount/scoring bands.
Source
Kisan All Purpose Term Loan
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkMCLR (Marginal Cost of Funds based Lending Rate).View source
The page expresses its spreads over .
Source
Kisan All Purpose Term Loan
Page / section
Rate of Interest
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR.View source
No is displayed.
Source
Kisan All Purpose Term Loan
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo fixed income threshold is published; existing Canara agricultural borrower status and farm-income assessment are required.View source
The eligibility section requires a three-year satisfactory agricultural-loan track record.
Source
Kisan All Purpose Term Loan
Page / section
Eligibility; Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to ₹20 lakh, limited to five times annual farm income or 50% of mortgaged-land value (for aggregate loans above ₹1.60 lakh), whichever is lower.View source
Canara publishes the ₹20 lakh ceiling and lower-of formula.
Source
Kisan All Purpose Term Loan
Page / section
Quantum
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureUp to 9 years; ballooning repayment may be structured and interest is paid with instalments.View source
The official repayment row states nine years and ballooning option.
Source
Kisan All Purpose Term Loan
Page / section
Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNot published on the reviewed Kisan All Purpose page.View source
No processing-charge figure appears on the page.
Source
Kisan All Purpose Term Loan
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published on the reviewed page.View source
No early-closure charge is stated.
Source
Kisan All Purpose Term Loan
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • One investment-plan limit for multiple eligible farm activities
  • Up to ₹20 lakh
  • Five times annual farm income or 50% mortgaged-land value, whichever lower
  • Nil margin up to ₹2 lakh; 15%–25% above ₹2 lakh
  • Up to 9-year repayment
  • Ballooning repayment may be used

Eligibility

  • Existing Canara agricultural-loan borrower (excluding gold loan/VSL) with three years' satisfactory track record. Tractors, combine harvesters, cars and long-gestation projects are excluded.

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

Documents the bank lists

  • Application, , land ownership and crop/allied-activity records
  • Investment plan for the next two to three years
  • Income, valuation and land-charge/mortgage documents
  • Purpose-wise quotations and project viability evidence

Related official documents

Rate of Interest for Agriculture & Allied Activitiesofficial-rate-table · current · accessed 30 Aug 2026
↗
Kisan All Purpose Term Loanofficial-product-page · current · accessed 30 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.

Kisan · Purpose / eligibilityOwner cultivator/allied farmer; prompt-repayment incentive for 3 years

This value is copied from Canara agricultural loan terms. Check the table notes before relying on it.

Source: Canara agricultural loan pages and rate table · Eligibility; Quantum; Interest; Security; Repayment Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 3 rows · 4 columnsCanara agricultural loan termsPublished limits, agricultural eligibility, rates, security and repayment terms from official Canara pages.View tableHide table

Scroll sideways to view every column

Canara agricultural loan terms
ProductPurpose / eligibilityAmount / rateSecurity / repayment
Kisan Owner cultivator/allied farmer; prompt-repayment incentive for 3 years₹1.50–₹12.50 lakh; agricultural spreads 1.40%/2.30% by amountLand security at 200% with residential component; 12-month
Kisan All Purpose Term LoanExisting Canara agricultural borrower with 3-year track recordUp to ₹20 lakh; 5× farm income or 50% land value lower; spreads by bandHypothecation plus land charge/mortgage; 9 years
Agricultural DRIFamily income ceiling ₹18,000 rural/₹24,000 urban; small landholding₹15,000 agriculture or ₹20,000 housing; simple 4% p.a.Hypothecation of financed movable assets; 36 months
Canara agricultural loan pages and rate table · Eligibility; Quantum; Interest; Security; Repayment · accessed 30 Aug 2026Open official source ↗

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