Farm Mechanization · Jammu And Kashmir

Tractor Subsidy in Jammu And Kashmir

Tractor

NABARD Unit Cost for Tractor in Jammu And Kashmir

Government-approved benchmark amount for farm mechanization financing

NABARD Unit Cost₹4,00,000
StateJammu and Kashmir
CategoryFarm Mechanization
Sub-CategoryTractor
Specificationupto 20HP

Tractor — upto 20HP

Eligibility for Tractor Subsidy in Jammu And Kashmir

Who can apply

  • Individual farmers with land records (7/12, patta, or registered lease deed) in Jammu And Kashmir
  • 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: upto 20HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Tractor Subsidy in Jammu And Kashmir

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹4,00,000 as the benchmark for a upto 20HP investment.
  2. Visit your bank in Jammu And Kashmir — 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 SMAM.
  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:

Tractor Subsidy — State-wise Comparison

NABARD unit costs for Tractor across 46 states. Amounts reflect local input costs and state-level additions.

Tractor NABARD unit cost across Indian states
StateSubsidy AmountDetails
Madhya Pradesh₹15,75,000View →
Madhya Pradesh₹11,75,000View →
Gujarat₹11,00,000View →
Bihar₹9,00,000View →
Karnataka₹8,50,000View →
Madhya Pradesh₹8,10,000View →
Haryana₹8,00,000View →
Jammu and Kashmircurrent₹8,00,000View →
Madhya Pradesh₹7,82,500View →
Bihar₹7,75,000View →
Gujarat₹7,70,000View →
Andaman and Nicobar₹7,50,000View →
Karnataka₹7,50,000View →
Madhya Pradesh₹7,35,000View →
West Bengal₹7,25,000View →
Gujarat₹7,15,000View →
Odisha₹6,71,000View →
Rajasthan₹6,56,000View →
Bihar₹6,45,000View →
Madhya Pradesh₹6,37,500View →
Karnataka₹6,25,000View →
Punjab₹6,25,000View →
Tripura₹6,10,500View →
Gujarat₹6,05,000View →
Haryana₹6,00,000View →
Rajasthan₹5,93,000View →
Himachal Pradesh₹5,75,000View →
Kerala₹5,75,000View →
Madhya Pradesh₹5,75,000View →
Rajasthan₹5,55,000View →
Tripura₹5,54,500View →
Odisha₹5,52,310View →
Rajasthan₹5,34,000View →
Jammu and Kashmircurrent₹5,25,000View →
Karnataka₹5,00,000View →
Madhya Pradesh₹5,00,000View →
Haryana₹4,70,000View →
Himachal Pradesh₹4,62,500View →
Uttarakhand₹4,50,000View →
Rajasthan₹4,20,200View →
Himachal Pradesh₹4,12,500View →
Jammu and Kashmircurrent₹4,00,000View →
Karnataka₹3,50,000View →
Gujarat₹3,30,000View →
Madhya Pradesh₹2,40,000View →
Mizoram554500.00 - 610500.00View →

More Farm Mechanization Subsidies in Jammu And Kashmir

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More Subsidy Categories in Jammu And Kashmir

Frequently Asked Questions

What is the NABARD subsidy amount for Tractor in Jammu and Kashmir?

The NABARD unit cost for Tractor in Jammu and Kashmir is ₹4,00,000 (specification: upto 20HP). 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 "upto 20HP" mean for Tractor?

The specification "upto 20HP" 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 Tractor subsidy in Jammu and Kashmir?

Step 1: Prepare a DPR for Tractor using the NABARD unit cost of ₹4,00,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Jammu and Kashmir 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 Tractor in Jammu and Kashmir?

Tractor 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 Jammu and Kashmir.

Which state gives the highest subsidy for Tractor?

Among states with published NABARD unit costs for Tractor, Madhya Pradesh offers the highest amount at ₹15,75,000, compared to ₹4,00,000 in Jammu and Kashmir. 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 Tractor financing in Jammu and Kashmir?

NABARD-linked term loans for farm mechanization investments like Tractor 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.