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Business, & agriculture finance

Combine Harvester Loan

Term finance for a combine harvester and accessories, from ₹5 lakh to ₹35 lakh, with 20% margin and published credit-score criteria.

Loan amount₹5 lakh to ₹35 lakhInterest rateOne-year MCLR + 3.50%Customer typeIndividual farmers, JLGs, SHGs and other eligible agricultural borrowers
Official product page ↗Compare category

Quick eligibility check

Combine Harvester 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.

1Do you meet this requirement: Individual or group such as JLG/SHG?

Published source: Eligibility

2Do you meet this requirement: at least 3 acres irrigated land for individual, 5 acres irrigated for joint borrowers or 15 acres dry land?

Published source: Eligibility

3Do you meet this requirement: CRIF Highmark above 600, CIBIL above 650 or no credit history?

Published source: Eligibility

4Do you meet this requirement: Individual farmers, JLGs, SHGs and other eligible agricultural borrowers?

Published source: Customer type

5Do you meet this requirement: Application with photographs?

Published source: Documents

6Document checkDo you have this required document or proof: Application with photographs; combine harvester quotation/proforma invoice; agricultural land/cultivation proof; other sanctioned documents?

Published source: Documents

7Document checkDo you have this required document or proof: agricultural land/cultivation proof?

Published source: Documents
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 4 Sept 2026 · active
Offered byState Bank of India

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 amount₹5 lakh to ₹35 lakhEffective 5 Feb 2026View source
Loan Amount: minimum Rs 5 lakhs and maximum Rs 35 lakhs.
Source
Financing of Combine Harvester
Page / section
Features
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Margin20% of combine-harvester and accessory cost, excluding insurance and registrationEffective 5 Feb 2026View source
Margin 20% of cost excluding insurance and registration charges.
Source
Financing of Combine Harvester
Page / section
Features
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
RepaymentPrincipal Equated Distribution with Interest in half-yearly instalments; exact maximum tenure not published on pageEffective 5 Feb 2026View source
The page specifies half-yearly instalments but no numeric maximum tenure.
Source
Financing of Combine Harvester
Page / section
Features
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Interest rateOne-year MCLR + 3.50%Effective 5 Feb 2026View source
Interest: One-year + 3.50%.
Source
Financing of Combine Harvester
Page / section
Interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
EligibilityIndividual or group such as JLG/SHG; at least 3 acres irrigated land for individual, 5 acres irrigated for joint borrowers or 15 acres dry land; CRIF Highmark above 600, CIBIL above 650 or no credit historyEffective 5 Feb 2026View source
Individual, /; landholding and credit-score requirements are published on the page.
Source
Financing of Combine Harvester
Page / section
Eligibility Criteria
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Fees and charges1.50% of loan amountEffective 5 Feb 2026View source
Fees & Charges: 1.50% of loan amount.
Source
Financing of Combine Harvester
Page / section
Fees & Charges
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover or business-vintage threshold is published on the complete reviewed official product pageView source
The reviewed pages state customer, activity, land, group, credit-score and account conditions where applicable, but do not publish a turnover or business-vintage threshold for these products.
Source
agriculture product catalogue and linked official product pages
Page / section
Complete product-page review; eligibility and features
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Combine Harvester Loan — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Customer typeIndividual farmers, JLGs, SHGs and other eligible agricultural borrowersView source
The manually reviewed product record states: “Individual farmers, , and other eligible agricultural borrowers”.
Source
Combine Harvester Loan — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
DocumentsApplication with photographs; combine harvester quotation/proforma invoice; agricultural land/cultivation proof; other sanctioned documentsView source
The manually reviewed product record states: “Application with photographs; combine harvester quotation/proforma invoice; agricultural land/cultivation proof; other sanctioned documents”.
Source
Combine Harvester Loan — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹5 lakh–₹35 lakh
  • 20% margin excluding insurance and registration
  • Half-yearly principal-equated repayments
  • 1-year + 3.50%; 1.50% processing fee

Eligibility

  • Individual or group borrowers; minimum 3 acres irrigated land for an individual, 5 acres for joint borrowers, or 15 acres dry land; CRIF Highmark above 600, CIBIL above 650 or no credit history.

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

Documents the bank lists

  • Application with photographs; combine harvester quotation/proforma invoice; agricultural land/cultivation proof; other sanctioned documents

Related official documents

Financing of Combine Harvesterofficial-product-page · current · accessed 4 Sept 2026
↗

Plan before applying

Try the numbers

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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₹14,499fourteen thousand four hundred ninety-nine rupees
Interest paid over the full loan₹9,79,758nine lakh seventy-nine thousand seven hundred fifty-eight rupees
Everything you repay₹34,79,758thirty-four lakh seventy-nine thousand seven hundred fifty-eight 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.

DAY-NRLM Finance · Published amount/limit₹1.50–₹20 lakh

This value is copied from additional agriculture catalogue products — page tables. Check the table notes before relying on it.

Source: agriculture product catalogue and linked official product pages · Agriculture catalogue — Micro Credit, Gold Loan, Farm Mechanisation, Allied Activities and Miscellaneous Activities 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 · 5 columnsSBI additional agriculture catalogue products — page tablesStructured transcription of every numeric term, eligibility rule, fee, rate, security and payment condition published on the reviewed product pages.View tableHide table

Scroll sideways to view every column

SBI additional agriculture catalogue products — page tables
ProductPublished amount/limitRate and feesTenure/paymentEligibility/security
DAY-NRLM Finance₹1.50–₹20 lakh7% to 10.40% p.a.; nil chargesTerm 24–84 months; cash credit 12 monthsRural DAY-NRLM active 6 months; no collateral; margin up to 10% above ₹10 lakh
Co-lending individual ₹10,000–₹3 lakh10.50% fixed minimum + servicer fee; 10.50–20.00%; nil charges12–36 months incl. 1-month moratoriumSimilar-member ; nil margin and security
Direct Linkage to ₹50,000–₹20 lakh14% p.a.; no processing/documentation/inspection fee up to ₹5 lakhTerm 24–60 months; cash credit 36 months6-month , grading/corpus; collateral nil; margin 10% above ₹10 lakh
Finance₹60,000–₹10 lakh12% fixed p.a.; nil charges12–36 months incl. 1-month moratoriumSimilar-member ; nil margin and security
Multi Purpose Agricultural Gold Loan₹5,000–₹25 lakh8.85% p.a.; processing nil to ₹50,000, then 0.50%/0.30% tiers + 12 monthsFarmers/allied borrowers; pledge of gold ornaments
Combine Harvester Loan₹5–₹35 lakh1-year + 3.50%; 1.50% processing feeHalf-yearly principal-equated instalments; maximum tenure not stated20% margin; land and credit-score rules; documents listed
Animal Husbandry & FisheriesNo minimum ceiling; below ₹50 lakh7% up to ₹2 lakh; effective 4% with prompt repayment; nil to ₹3 lakh then 0.65% + Working-capital cash creditFishery/livestock farmers and groups; collateral waiver up to ₹2 lakh or ₹3 lakh with tie-up
Agri Clinic and Agri Business Centres₹20 lakh individual; ₹1 crore group1-year + 2% up to ₹50 lakh; processing nil to ₹2 lakh then 1.40% + Up to 10 years incl. 24-month moratoriumAge 18–60 eligible agri qualifications; subsidy subject to terms
Polyhouse Loan₹1 lakh–₹5 crore + 2% up to ₹50 lakh; processing as guidelines72 months incl. 12-month moratorium15% margin; assured irrigation; collateral nil up to ₹1.60 lakh
Cold Storage/Warehouse Construction₹1 lakh–₹50 crore1-year + 2% up to ₹50 lakh120 months incl. 24-month moratorium; half-yearly instalments25% margin; broad entity eligibility; published collateral tiers
Rinn Samadhan 2025–26Agri cut-offs ₹10–₹20 lakh5% early-bird incentive; interest/expense concessions10% + 10% + balance within 90 days; scheme ends 31 Mar 2026Specified only; fraud/wilful-default/NCLT and other exclusions
  • Rows preserve the official page values; where a page explicitly gives no numeric maximum (Combine Harvester tenure), that absence is retained rather than inferred.
agriculture product catalogue and linked official product pages · Agriculture catalogue — Micro Credit, Gold Loan, Farm Mechanisation, Allied Activities and Miscellaneous Activities · accessed 4 Sept 2026Open official source ↗

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