Minor Irrigation · Maharashtra

Electric Pumpsets with accessories and installation charges Subsidy in Maharashtra

Electric Pumpsets with accessories and installation charges

NABARD Unit Cost for Electric Pumpsets with accessories and installation charges in Maharashtra

Government-approved benchmark amount for minor irrigation financing

NABARD Unit Cost₹15,000
StateMaharashtra
CategoryMinor Irrigation
Sub-CategoryPUMPSETS
Specification2 HP

Electric Pumpsets with accessories and installation charges — 2 HP

Eligibility for Electric Pumpsets with accessories and installation charges Subsidy in Maharashtra

Who can apply

  • Individual farmers with land records (7/12, patta, or registered lease deed) in Maharashtra
  • 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 Pumpsets with accessories and installation charges Subsidy in Maharashtra

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹15,000 as the benchmark for a 2 HP investment.
  2. Visit your bank in Maharashtra — 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 or PMKSY.
  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:

Electric Pumpsets with accessories and installation charges Subsidy — State-wise Comparison

NABARD unit costs for Electric Pumpsets with accessories and installation charges across 4 states. Amounts reflect local input costs and state-level additions.

Electric Pumpsets with accessories and installation charges NABARD unit cost across Indian states
StateSubsidy AmountDetails
Maharashtracurrent₹35,000View →
Maharashtracurrent₹30,000View →
Maharashtracurrent₹20,000View →
Maharashtracurrent₹15,000View →

More Minor Irrigation Subsidies in Maharashtra

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Frequently Asked Questions

What is the NABARD subsidy amount for Electric Pumpsets with accessories and installation charges in Maharashtra?

The NABARD unit cost for Electric Pumpsets with accessories and installation charges in Maharashtra is ₹15,000 (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 Pumpsets with accessories and installation charges?

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 Pumpsets with accessories and installation charges subsidy in Maharashtra?

Step 1: Prepare a DPR for Electric Pumpsets with accessories and installation charges using the NABARD unit cost of ₹15,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Maharashtra 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 Pumpsets with accessories and installation charges in Maharashtra?

Electric Pumpsets with accessories and installation charges 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 Maharashtra.

Which state gives the highest subsidy for Electric Pumpsets with accessories and installation charges?

Maharashtra offers ₹15,000 for Electric Pumpsets with accessories and installation charges, 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 Pumpsets with accessories and installation charges financing in Maharashtra?

NABARD-linked term loans for minor irrigation investments like Electric Pumpsets with accessories and installation charges 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.