Minor Irrigation · Jharkhand
Electric Run Pump set Subsidy in Jharkhand
Electric Run Pump set
NABARD Unit Cost for Electric Run Pump set in Jharkhand
Government-approved benchmark amount for minor irrigation financing
Electric Run Pump set — 2 HP
Eligibility for Electric Run Pump set Subsidy in Jharkhand
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Jharkhand
- 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: 2 HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Electric Run Pump set Subsidy in Jharkhand
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹16,900 as the benchmark for a 2 HP investment.
- Visit your bank in Jharkhand — 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 PM KUSUM or PMKSY.
- 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.
Electric Run Pump set Subsidy — State-wise Comparison
NABARD unit costs for Electric Run Pump set across 2 states. Amounts reflect local input costs and state-level additions.
More Minor Irrigation Subsidies in Jharkhand
View all Minor Irrigation activities in Jharkhand →More Subsidy Categories in Jharkhand
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Frequently Asked Questions
What is the NABARD subsidy amount for Electric Run Pump set in Jharkhand?
The NABARD unit cost for Electric Run Pump set in Jharkhand is ₹16,900 (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 Electric Run 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 Electric Run Pump set subsidy in Jharkhand?
Step 1: Prepare a DPR for Electric Run Pump set using the NABARD unit cost of ₹16,900 as the benchmark. Step 2: Visit a nationalised bank or RRB in Jharkhand 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 Electric Run Pump set in Jharkhand?
Electric Run 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 Jharkhand.
Which state gives the highest subsidy for Electric Run Pump set?
Jharkhand offers ₹16,900 for Electric Run 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 Electric Run Pump set financing in Jharkhand?
NABARD-linked term loans for minor irrigation investments like Electric Run 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.