Renewable Energy · Jharkhand

A.C. Induction Motor pump Set a suitable inveter Subsidy in Jharkhand

A.C. Induction Motor pump Set a suitable inveter

NABARD Unit Cost for A.C. Induction Motor pump Set a suitable inveter in Jharkhand

Government-approved benchmark amount for renewable energy financing

NABARD Unit Cost₹1,71,000
StateJharkhand
CategoryRenewable Energy
Sub-CategoryShallow well Solar Pumping System
Specification1 HP &900Wp

A.C. Induction Motor pump Set a suitable inveter — 1 HP &900Wp

Eligibility for A.C. Induction Motor pump Set a suitable inveter 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: 1 HP &900Wp. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for A.C. Induction Motor pump Set a suitable inveter Subsidy in Jharkhand

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹1,71,000 as the benchmark for a 1 HP &900Wp investment.
  2. Visit your bank in Jharkhand — 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.
  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:

A.C. Induction Motor pump Set a suitable inveter Subsidy — State-wise Comparison

NABARD unit costs for A.C. Induction Motor pump Set a suitable inveter across 7 states. Amounts reflect local input costs and state-level additions.

A.C. Induction Motor pump Set a suitable inveter NABARD unit cost across Indian states
StateSubsidy AmountDetails
Jharkhandcurrent₹9,12,000View →
Jharkhandcurrent₹5,70,000View →
Jharkhandcurrent₹5,13,000View →
Jharkhandcurrent₹3,42,000View →
Jharkhandcurrent₹3,42,000View →
Jharkhandcurrent₹2,28,000View →
Jharkhandcurrent₹1,71,000View →

More Renewable Energy Subsidies in Jharkhand

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More Subsidy Categories in Jharkhand

Frequently Asked Questions

What is the NABARD subsidy amount for A.C. Induction Motor pump Set a suitable inveter in Jharkhand?

The NABARD unit cost for A.C. Induction Motor pump Set a suitable inveter in Jharkhand is ₹1,71,000 (specification: 1 HP &900Wp). 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 "1 HP &900Wp" mean for A.C. Induction Motor pump Set a suitable inveter?

The specification "1 HP &900Wp" 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 A.C. Induction Motor pump Set a suitable inveter subsidy in Jharkhand?

Step 1: Prepare a DPR for A.C. Induction Motor pump Set a suitable inveter using the NABARD unit cost of ₹1,71,000 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 Renewable Energy 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 A.C. Induction Motor pump Set a suitable inveter in Jharkhand?

A.C. Induction Motor pump Set a suitable inveter falls under the Renewable Energy category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Jharkhand.

Which state gives the highest subsidy for A.C. Induction Motor pump Set a suitable inveter?

Jharkhand offers ₹1,71,000 for A.C. Induction Motor pump Set a suitable inveter, 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 A.C. Induction Motor pump Set a suitable inveter financing in Jharkhand?

NABARD-linked term loans for renewable energy investments like A.C. Induction Motor pump Set a suitable inveter 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.