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Business, & agriculture finance

Composite Minor Irrigation Loan

Finance for wells, pumps, ponds, drip/sprinkler systems, lift irrigation, rainwater harvesting and related farm automation.

Facility amountThe reviewed product panel does not publish a universal facility amountInterest rate1-year MCLR + 3.60%Customer typeIndividual farmers, companies, partnerships, JLGs and SHGs
Official product page ↗Compare category

Quick eligibility check

Composite Minor Irrigation Loan

0 of 5 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 farmers, companies, partnership firms, JLGs and SHGs for pumps, wells, ponds, drip/sprinkler, lift irrigation, rainwater harvesting, generators and automation?

Published source: Eligibility

2Can you provide this required proof: Application form, land and cultivation documents, and other documents as required by SBI?

Published source: Required documents

3Do you meet this requirement: Individual farmers, companies, partnerships, JLGs and SHGs?

Published source: Customer type

4Do you meet this requirement: Eligible borrowers include individual farmers, companies, partnerships, JLGs and SHGs?

5Document checkDo you have this required document or proof: Application, land/cultivation and project documents?

Published source: Required documents
0 of 5 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.

Facility amountThe reviewed product panel does not publish a universal facility amountView source
The reviewed product panel does not publish a universal amount for this product; product-specific amount facts are retained where present.
Source
Bouquet of Products & Services — Agriculture: Loan Products
Page / section
Printed pages 32–37 / physical pages 39–44 — complete agriculture section
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Interest rate1-year MCLR + 3.60%Effective 5 Feb 2026View source
Interest rate: 1-year + 3.60%.
Source
Composite Minor Irrigation —
Page / section
Rate of interest
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
TenureNo repayment tenure is published in the reviewed panel for this productView source
No repayment tenure is printed for this product panel.
Source
Bouquet of Products & Services — Agriculture: Loan Products
Page / section
Printed pages 32–37 / physical pages 39–44 — complete agriculture section
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
EligibilityIndividual farmers, companies, partnership firms, JLGs and SHGs for pumps, wells, ponds, drip/sprinkler, lift irrigation, rainwater harvesting, generators and automationEffective 5 Feb 2026View source
The page lists eligible borrowers and the covered irrigation assets.
Source
Composite Minor Irrigation —
Page / section
Eligibility and purpose
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Margin15% to 25%Effective 5 Feb 2026View source
Margin: 15% to 25%.
Source
Composite Minor Irrigation —
Page / section
Margin
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
CollateralNo separate collateral rule is published in the reviewed panel for this productView source
The product panel does not state a separate collateral requirement; where it does, that product-specific fact is retained instead.
Source
Bouquet of Products & Services — Agriculture: Loan Products
Page / section
Printed pages 32–37 / physical pages 39–44 — complete agriculture section
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Upfront feeAs per extant SBI guidelinesEffective 5 Feb 2026View source
Upfront fee: As per extant guidelines.
Source
Composite Minor Irrigation —
Page / section
Upfront fee
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Required documentsApplication form, land and cultivation documents, and other documents as required by SBIEffective 5 Feb 2026View source
The page lists application, land/cultivation and other documents, without a universal checklist.
Source
Composite Minor Irrigation —
Page / section
Documents required
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover or business-vintage threshold is published in the reviewed SBI agriculture product pages or booklet panelsView source
The complete agriculture section publishes activity, eligibility, limits, margins and repayment terms where stated, but no turnover or vintage threshold for these products.
Source
Bouquet of Products & Services — Agriculture: Loan Products
Page / section
Printed pages 32–37 / physical pages 39–44 — complete agriculture section
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Geographic limitsIndiaView source
The manually reviewed product record states: “India”.
Source
Composite Minor Irrigation Loan — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗
Customer typeIndividual farmers, companies, partnerships, JLGs and SHGsView source
The manually reviewed product record states: “Individual farmers, companies, partnerships, and ”.
Source
Composite Minor Irrigation Loan — official product page
Page / section
Published product metadata
Accessed
4 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹10,000–₹49 lakh term loan
  • 15%–25% margin
  • Up to 12-month moratorium and 24 half-yearly instalments

Eligibility

  • Eligible borrowers include individual farmers, companies, partnerships, and .

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

Documents the bank lists

  • Application, land/cultivation and project documents

Related official documents

Composite Minor Irrigation — SBI official product pageofficial-product-page · current · accessed 4 Sept 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₹14,628fourteen thousand six hundred twenty-eight rupees
Interest paid over the full loan₹10,10,669ten lakh ten thousand six hundred sixty-nine rupees
Everything you repay₹35,10,669thirty-five lakh ten thousand six hundred sixty-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.

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