NABARD Unit Costs · Madhya Pradesh
Farm Mechanization Subsidy in Madhya Pradesh
34 activities listed with government-approved unit costs — up to ₹20,00,000. Compare subsidies, eligibility, and how to apply.
NABARD Unit Costs for Farm Mechanization in Madhya Pradesh
Filter by sub-category or browse all 34 activities below
| Item / Scheme | Sub-Category | Specification | Subsidy Amount |
|---|---|---|---|
| TractorTractor | TractorTractor | 15 HP | ₹2,40,000 |
| TractorTractor | TractorTractor | 30 HP | ₹5,00,000 |
| TractorTractor | TractorTractor | 35 HP | ₹5,50,000 – ₹6,00,000 |
| TractorTractor | TractorTractor | 40 HP | ₹6,00,000 – ₹6,75,000 |
| TractorTractor | TractorTractor | 45 HP | ₹6,60,000 – ₹8,10,000 |
| TractorTractor | TractorTractor | 50HP | ₹7,45,000 – ₹8,20,000 |
| TractorTractor | TractorTractor | 60 HP | ₹8,00,000 – ₹8,20,000 |
| TractorTractor | TractorTractor | 75 HP | ₹11,75,000 |
| TractorTractor | TractorTractor | 90 HP | ₹15,75,000 |
| Old tractorsOld tractors | TractorTractor | — | ₹2,73,000 – ₹4,46,250 |
| Combine harvestorCombine harvestor | Combine harvestorCombine harvestor | — | ₹18,00,000 – ₹22,00,000 |
| Power tillerPower tiller | Power tillerPower tiller | — | ₹2,00,000 |
| Thresher (Auto feed bucket type)Thresher (Auto feed bucket type) | ThresherThresher | 8to 15Q/hr | ₹1,50,000 – ₹2,50,000 |
| Thresher (Auto feed bucket type)Thresher (Auto feed bucket type) | ThresherThresher | 16 to25Q/hr | ₹3,25,000 – ₹3,60,000 |
| Potato planter & openerPotato planter & opener | Potato planter & openerPotato planter & opener | — | ₹65,000 – ₹95,000 |
| Paddy TransplanterPaddy Transplanter | Paddy TransplanterPaddy Transplanter | 4 row/6 row | ₹1,50,000 – ₹2,25,000 |
| MB ploughMB plough | MB ploughMB plough | 2 bottom/2 discs | ₹35,000 – ₹55,000 |
| Reversible ploughReversible plough | Reversible ploughReversible plough | 2 bottom mechanical | ₹50,000 – ₹65,000 |
| Reversible ploughReversible plough | Reversible ploughReversible plough | 2 bottom Hydraulic | ₹65,000 – ₹85,000 |
| Cultivator (11 tynes)Cultivator (11 tynes) | Cultivator (11 tynes)Cultivator (11 tynes) | 11tynes | ₹32,000 – ₹40,000 |
| HarrowHarrow | HarrowHarrow | 7 discs/11 discs | ₹50,000 – ₹75,000 |
| Power harrowPower harrow | Power harrowPower harrow | 1 unit | ₹1,30,000 – ₹1,80,000 |
| Seed drillSeed drill | Seed drillSeed drill | 9-13 tyne single box | ₹35,000 – ₹55,000 |
| Seed drillSeed drill | Seed drillSeed drill | 9-13 tyne double box | ₹40,000 – ₹60,000 |
| Seed drillSeed drill | Seed drillSeed drill | 9-11 tyne | ₹55,000 – ₹65,000 |
| Raised bed planterRaised bed planter | Bed pLanterBed pLanter | with inclined plate hopper and shapper 4-6 rows | ₹90,000 – ₹1,20,000 |
| Raised bed planterRaised bed planter | Bed pLanterBed pLanter | 4-6 rows | ₹75,000 – ₹85,000 |
| Reaper cum binderReaper cum binder | Reaper cum binderReaper cum binder | Tractor mounter 3-4 wheel | ₹2,80,000 – ₹4,50,000 |
| Laser land levellerLaser land leveller | Laser land levellerLaser land leveller | — | ₹4,50,000 |
| MulcherMulcher | MulcherMulcher | — | ₹1,75,000 – ₹2,00,000 |
| ShredderShredder | ShredderShredder | — | ₹1,60,000 – ₹2,00,000 |
| Hey rakeHey rake | Hey rakeHey rake | — | ₹2,50,000 – ₹3,50,000 |
| Round balerRound baler | BalerBaler | — | ₹3,50,000 – ₹4,50,000 |
| Square balerSquare baler | BalerBaler | — | ₹10,00,000 – ₹17,00,000 |
How to Apply for Farm Mechanization Subsidy in Madhya Pradesh
Step-by-step process for first-time applicants
- Prepare a Detailed Project Report (DPR) — Use the NABARD unit costs listed in the table below as benchmarks for your farm mechanization investment estimate.
- Approach your bank in Madhya Pradesh — Visit a nationalised bank, Regional Rural Bank (RRB), or PACS branch with your Aadhaar, land records (7/12 or patta), and the DPR.
- Scheme selection — The bank will match your activity to the applicable central or state scheme — for farm mechanization, this is typically SMAM.
- Departmental approval and verification — The bank routes the subsidy claim to the relevant department for technical appraisal and sanction.
- Subsidy disbursement — After physical verification of the installed asset, the capital subsidy is credited directly into your loan account, reducing the outstanding principal.
Documents required for farm mechanization subsidy in Madhya Pradesh
- Aadhaar card and PAN card
- Land ownership documents (7/12, patta, or lease deed)
- Bank passbook copy
- Caste certificate (if applying under SC/ST quota)
- Detailed Project Report (DPR) as per NABARD unit costs
- Vendor quotations for equipment or construction materials
Relevant central schemes for farm mechanization:
Other Subsidy Categories in Madhya Pradesh
Agri Finance & Credit
Loans, crop insurance and investment norms — NABARD unit costs, PMFBY rates and KCC interest.
Weather & Crop Advisories
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 farm mechanization in Madhya Pradesh?
NABARD has published unit costs for 34 farm mechanization activities in Madhya Pradesh. The highest subsidy is for Combine harvestor at ₹20,00,000. Amounts vary by the specific activity, scale, and specification — browse the table below for exact figures for each activity.
Who is eligible for farm mechanization subsidy in Madhya Pradesh?
Individual farmers, farmer groups, agri-entrepreneurs, and FPOs with valid land records or a lease agreement are eligible for farm mechanization subsidies in Madhya Pradesh. For activities above a certain investment threshold, a detailed project report (DPR) approved by the relevant department is required before the bank disburses the loan.
How do I apply for a farm mechanization loan in Madhya Pradesh?
Step 1: Prepare a DPR estimating the investment based on NABARD unit costs. Step 2: Approach a nationalised bank or RRB in Madhya Pradesh with your Aadhaar, land records, and DPR. Step 3: The bank appraises the project and applies for subsidy through the relevant state department. Step 4: On approval, the loan is disbursed and the subsidy is credited to the loan account, reducing your outstanding balance.
Which bank offers the best farm mechanization term loan in Madhya Pradesh?
Nationalised banks (SBI, Bank of Baroda, Canara Bank), Regional Rural Banks, and NABARD-refinanced cooperative banks all offer farm mechanization term loans in Madhya Pradesh. Interest rates on NABARD-refinanced loans are typically 7–9% p.a., with effective rates lower after government interest subvention. Compare the bank's processing fee and collateral requirements before applying.
What documents are needed for a farm mechanization subsidy in Madhya Pradesh?
Core documents for any farm mechanization subsidy in Madhya Pradesh: (1) Aadhaar card and PAN card, (2) land ownership documents (7/12, patta, or lease deed), (3) bank passbook copy, (4) caste certificate if applying under SC/ST quota, (5) Detailed Project Report (DPR) as per NABARD unit costs, (6) quotations from vendors for equipment or materials. Additional documents may be needed for specific activities.
Is the farm mechanization subsidy in Madhya Pradesh a capital subsidy or an interest subsidy?
Most NABARD-linked farm mechanization subsidies in Madhya Pradesh are capital (back-end) subsidies — the government deposits a fixed amount (25–50% of project cost) directly into your loan account after the investment is verified. This reduces the outstanding principal. Some schemes additionally offer interest subvention (reducing the effective interest rate), but the primary benefit is the capital subsidy component.