Farm Mechanization · Karnataka
Bullock drawn Mould Board plough Subsidy in Karnataka
Bullock drawn Mould Board plough
NABARD Unit Cost for Bullock drawn Mould Board plough in Karnataka
Government-approved benchmark amount for farm mechanization financing
Bullock drawn Mould Board plough
Eligibility for Bullock drawn Mould Board plough Subsidy in Karnataka
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Karnataka
- 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)
How to Apply for Bullock drawn Mould Board plough Subsidy in Karnataka
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹15,000 – ₹20,000 as the benchmark.
- Visit your bank in Karnataka — 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:
More Farm Mechanization Subsidies in Karnataka
- Tractor₹3,50,000
- Tractor₹5,00,000
- Tractor₹6,25,000
- Tractor₹7,50,000
- Tractor₹8,50,000
- Power tillers₹1,30,000
- Trolley - 2 Wheel hydraulic₹1,25,000
- Mold Board plough 2 - 3 furrows₹27,500
More Subsidy Categories in Karnataka
Agri Finance & Credit
Loans, crop insurance and investment norms — NABARD unit costs, PMFBY rates and KCC interest.
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District-level agromet advisories combining IMD 5-day weather forecasts with crop-specific pest, disease and irrigation recommendations.
Agriculture News
Daily updates on mandi price movements, scheme announcements, weather advisories and crop-wise reports from state agriculture departments.
Agri Input Dealers
Find licensed seed, fertilizer and pesticide dealers near you.
Frequently Asked Questions
What is the NABARD subsidy amount for Bullock drawn Mould Board plough in Karnataka?
The NABARD unit cost for Bullock drawn Mould Board plough in Karnataka is ₹15,000 – ₹20,000. 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 "the specification" mean for Bullock drawn Mould Board plough?
The specification "listed above" 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 Bullock drawn Mould Board plough subsidy in Karnataka?
Step 1: Prepare a DPR for Bullock drawn Mould Board plough using the NABARD unit cost of ₹15,000 – ₹20,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Karnataka 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 Bullock drawn Mould Board plough in Karnataka?
Bullock drawn Mould Board plough 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 Karnataka.
Which state gives the highest subsidy for Bullock drawn Mould Board plough?
Karnataka offers ₹15,000 – ₹20,000 for Bullock drawn Mould Board plough, 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 Bullock drawn Mould Board plough financing in Karnataka?
NABARD-linked term loans for farm mechanization investments like Bullock drawn Mould Board plough 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.