Land Development · Meghalaya

OFD Work Subsidy in Meghalaya

OFD Work

NABARD Unit Cost for OFD Work in Meghalaya

Government-approved benchmark amount for land development financing

NABARD Unit Cost₹21,500
StateMeghalaya
CategoryLand Development
Sub-CategoryOFD Work
Specification1Ha (100 m X 100m)

OFD Work — 1Ha (100 m X 100m)

Eligibility for OFD Work Subsidy in Meghalaya

Who can apply

Specification note

This unit cost applies specifically to: 1Ha (100 m X 100m). If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for OFD Work Subsidy in Meghalaya

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹21,500 as the benchmark for a 1Ha (100 m X 100m) investment.
  2. Visit your bank in Meghalaya — 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 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:

OFD Work Subsidy — State-wise Comparison

NABARD unit costs for OFD Work across 3 states. Amounts reflect local input costs and state-level additions.

OFD Work NABARD unit cost across Indian states
StateSubsidy AmountDetails
Meghalayacurrent₹21,500View →
Manipur₹14,740View →
Assam₹13,400View →

More Land Development Subsidies in Meghalaya

View all Land Development activities in Meghalaya →

More Subsidy Categories in Meghalaya

Frequently Asked Questions

What is the NABARD subsidy amount for OFD Work in Meghalaya?

The NABARD unit cost for OFD Work in Meghalaya is ₹21,500 (specification: 1Ha (100 m X 100m)). 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 "1Ha (100 m X 100m)" mean for OFD Work?

The specification "1Ha (100 m X 100m)" 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 OFD Work subsidy in Meghalaya?

Step 1: Prepare a DPR for OFD Work using the NABARD unit cost of ₹21,500 as the benchmark. Step 2: Visit a nationalised bank or RRB in Meghalaya with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Land Development 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 OFD Work in Meghalaya?

OFD Work falls under the Land Development category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Meghalaya.

Which state gives the highest subsidy for OFD Work?

Meghalaya offers ₹21,500 for OFD Work, 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 OFD Work financing in Meghalaya?

NABARD-linked term loans for land development investments like OFD Work 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.