Minor Irrigation · Assam

Submersible pump set Subsidy in Assam

Submersible pump set

NABARD Unit Cost for Submersible pump set in Assam

Government-approved benchmark amount for minor irrigation financing

NABARD Unit Cost₹13,000
StateAssam
CategoryMinor Irrigation
Sub-CategoryMinor Irrigation
Specification2 HP

Submersible pump set — 2 HP

Eligibility for Submersible pump set Subsidy in Assam

Who can apply

Specification note

This unit cost applies specifically to: 2 HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Submersible pump set Subsidy in Assam

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹13,000 as the benchmark for a 2 HP investment.
  2. Visit your bank in Assam — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
  3. Scheme linkage — The bank will link your application to PM KUSUM or PMKSY.
  4. Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
  5. Subsidy credit to loan account — The capital subsidy is deposited directly into your loan account, reducing the outstanding principal. Total processing time: 30–60 days.

Relevant central schemes:

More Minor Irrigation Subsidies in Assam

View all Minor Irrigation activities in Assam →

More Subsidy Categories in Assam

Frequently Asked Questions

What is the NABARD subsidy amount for Submersible pump set in Assam?

The NABARD unit cost for Submersible pump set in Assam is ₹13,000 (specification: 2 HP). This is the benchmark amount banks use when sanctioning a term loan for this activity. The actual subsidy you receive depends on the scheme — typically 25–50% of the unit cost.

What does "2 HP" mean for Submersible pump set?

The specification "2 HP" defines the exact scale or parameters of the investment — such as area in hectares, capacity in litres per day, number of animals, or structural dimensions. NABARD unit costs are tied to this specification; a different scale may have a different unit cost. If your project differs, ask your bank to use the nearest applicable NABARD benchmark.

How do I apply for the Submersible pump set subsidy in Assam?

Step 1: Prepare a DPR for Submersible pump set using the NABARD unit cost of ₹13,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Assam with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Minor Irrigation department. Step 4: After physical verification, the subsidy is deposited into your loan account. Total processing time is typically 30–60 days.

Which government scheme covers Submersible pump set in Assam?

Submersible pump set falls under the Minor Irrigation category. Relevant central schemes include PM-KUSUM (solar pumps) and PMKSY (irrigation). Check the Apply section below for the specific portal and nodal department in Assam.

Which state gives the highest subsidy for Submersible pump set?

Assam offers ₹13,000 for Submersible pump set, which is among the higher rates across Indian states. The compare table below shows the exact amount in each state where NABARD has published a unit cost for this activity.

What is the loan repayment period for Submersible pump set financing in Assam?

NABARD-linked term loans for minor irrigation investments like Submersible pump set typically have a repayment period of 5–9 years (including a moratorium of 1–2 years). The moratorium aligns with the gestation period of the investment — for example, a fruit orchard may take 3 years to yield income, so repayment begins after that. Exact tenure depends on your bank and the specific scheme.