Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Customer typeAgricultural customers buying DGCA-approved drones for own use or hiring activity; own-use applicants need six acres irrigated or 12 acres rainfed land, while rental-use applicants need no land ownership.View source
Complete purpose and eligibility rows reviewed.
- Source
- Canara Drones
- Page / section
- Purpose and eligibility
- Accessed
- 4 Sept 2026
- Confidence
- high
Turnover / vintageNo turnover or business-vintage threshold is published; land-use and approved-manufacturer conditions apply instead.View source
Complete scheme table reviewed; no turnover or vintage row appears.
- Source
- Canara Drones
- Page / section
- Eligibility
- Accessed
- 4 Sept 2026
- Confidence
- high
Facility amountMaximum 75% of quoted unit cost including equipment/
Complete maximum-limit and quantum rows reviewed.
- Source
- Canara Drones
- Page / section
- Maximum limit and loan quantum
- Accessed
- 4 Sept 2026
- Confidence
- high
RateThe reviewed Canara Drones scheme table does not print a numeric interest rate; prevailing agricultural lending guidelines apply.View source
Full official page reviewed; no rate row is published.
- Source
- Canara Drones
- Page / section
- Complete scheme table
- Accessed
- 4 Sept 2026
- Confidence
- high
RepaymentMaximum repayment period five years with monthly interest/
Complete repayment row reviewed.
- Source
- Canara Drones
- Page / section
- Repayment period
- Accessed
- 4 Sept 2026
- Confidence
- high
Security / margin25% margin. Primary security is hypothecation of the financed asset. Own-use loans require mortgage of land equivalent to the loan or 50%–75% liquid collateral; rental activity is covered under AIF and CGTMSE, with hybrid collateral explored for shortfall.View source
Complete margin/security and guarantee rows reviewed.
- Source
- Canara Drones
- Page / section
- Margin and security
- Accessed
- 4 Sept 2026
- Confidence
- high
FeesNo numeric processing fee is printed in the complete scheme table; applicable Canara agricultural service-charge schedule applies.View source
Full official page reviewed; no fee row is published.
- Source
- Canara Drones
- Page / section
- Complete scheme table
- Accessed
- 4 Sept 2026
- Confidence
- high
DocumentsThe page requires a DGCA-approved manufacturer quotation and scheme-specific land, security, insurance/AMC and project evidence; the page does not provide a separate exhaustive document checklist.View source
Complete official table reviewed; no separate checklist is published.
- Source
- Canara Drones
- Page / section
- Purpose, margin, security and project cost
- Accessed
- 4 Sept 2026
- Confidence
- medium
Geographic limitsIndia through Canara Bank branches; the scheme is for agricultural use and DGCA-approved manufacturers.View source
National official scheme page reviewed.
- Source
- Canara Drones
- Page / section
- Scheme availability
- Accessed
- 4 Sept 2026
- Confidence
- medium
Benefits and features
- Agriculture spraying, mapping and related drone equipment
- Up to 75% of unit cost including accessories
- Up to ₹12 lakh for up to two drones
- Up to ₹25 lakh for more than two drones
- 25% margin
- Up to five-year repayment with up to six-month moratorium
Eligibility
- For own use, applicant needs at least six acres of perennially irrigated land or 12 acres of rainfed land. Rental-use applicants need no land ownership. Drones must be from DGCA-approved manufacturers.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- and land/eligibility proof where applicable
- DGCA-approved manufacturer quotation
- Project and equipment/accessory details
- Insurance and details where included in project cost
- Security and guarantee documents
Related official documents
Canara Dronesofficial-product-page · current · accessed 4 Sept 2026
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