Farm Mechanization · Kerala

Two Bottom Reversible mould board plough Subsidy in Kerala

Two Bottom Reversible mould board plough

NABARD Unit Cost for Two Bottom Reversible mould board plough in Kerala

Government-approved benchmark amount for farm mechanization financing

NABARD Unit Cost₹60,000
StateKerala
CategoryFarm Mechanization
Sub-CategoryTractor Drawn Implements

Two Bottom Reversible mould board plough

Eligibility for Two Bottom Reversible mould board plough Subsidy in Kerala

Who can apply

  • Individual farmers with land records (7/12, patta, or registered lease deed) in Kerala
  • 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 Two Bottom Reversible mould board plough Subsidy in Kerala

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹60,000 as the benchmark.
  2. Visit your bank in Kerala — 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:

More Farm Mechanization Subsidies in Kerala

View all Farm Mechanization activities in Kerala →

More Subsidy Categories in Kerala

Frequently Asked Questions

What is the NABARD subsidy amount for Two Bottom Reversible mould board plough in Kerala?

The NABARD unit cost for Two Bottom Reversible mould board plough in Kerala is ₹60,000. 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 Two Bottom Reversible 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 Two Bottom Reversible mould board plough subsidy in Kerala?

Step 1: Prepare a DPR for Two Bottom Reversible mould board plough using the NABARD unit cost of ₹60,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Kerala 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 Two Bottom Reversible mould board plough in Kerala?

Two Bottom Reversible 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 Kerala.

Which state gives the highest subsidy for Two Bottom Reversible mould board plough?

Kerala offers ₹60,000 for Two Bottom Reversible 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 Two Bottom Reversible mould board plough financing in Kerala?

NABARD-linked term loans for farm mechanization investments like Two Bottom Reversible 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.