Farm Mechanization · Bihar
Bullocks Subsidy in Bihar
Bullocks
NABARD Unit Cost for Bullocks in Bihar
Government-approved benchmark amount for farm mechanization financing
Bullocks — Non descript bullocks with plough
Eligibility for Bullocks Subsidy in Bihar
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Bihar
- Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs)
- Agri-entrepreneurs and cooperatives for commercial-scale investments
- SC/ST farmers and women farmers (eligible for enhanced subsidy component of 5–10% additional)
Specification note
This unit cost applies specifically to: Non descript bullocks with plough. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Bullocks Subsidy in Bihar
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹27,000 as the benchmark for a Non descript bullocks with plough investment.
- Visit your bank in Bihar — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to SMAM.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- 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:
Bullocks Subsidy — State-wise Comparison
NABARD unit costs for Bullocks across 3 states. Amounts reflect local input costs and state-level additions.
More Farm Mechanization Subsidies in Bihar
View all Farm Mechanization activities in Bihar →More Subsidy Categories in Bihar
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Frequently Asked Questions
What is the NABARD subsidy amount for Bullocks in Bihar?
The NABARD unit cost for Bullocks in Bihar is ₹27,000 (specification: Non descript bullocks with plough). 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 "Non descript bullocks with plough" mean for Bullocks?
The specification "Non descript bullocks with plough" 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 Bullocks subsidy in Bihar?
Step 1: Prepare a DPR for Bullocks using the NABARD unit cost of ₹27,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Bihar with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Farm Mechanization 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 Bullocks in Bihar?
Bullocks falls under the Farm Mechanization category. Relevant central schemes include Sub-Mission on Agricultural Mechanization (SMAM). Check the Apply section below for the specific portal and nodal department in Bihar.
Which state gives the highest subsidy for Bullocks?
Among states with published NABARD unit costs for Bullocks, Madhya Pradesh offers the highest amount at ₹50,000, compared to ₹27,000 in Bihar. Differences reflect local input costs, transport, and state-level top-up subsidies. The compare table below shows amounts across all states where this activity has published unit costs.
What is the loan repayment period for Bullocks financing in Bihar?
NABARD-linked term loans for farm mechanization investments like Bullocks 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.