NABARD Unit Costs · Punjab

Farm Mechanization Subsidy in Punjab

39 activities listed with government-approved unit costs — up to ₹23,00,000. Compare subsidies, eligibility, and how to apply.

39Activities
₹23,00,000Highest Subsidy
1Sub-Categories

NABARD Unit Costs for Farm Mechanization in Punjab

Browse all 39 farm mechanization activities in Punjab

Farm Mechanization NABARD unit costs in Punjab
Item / SchemeSub-CategorySpecificationSubsidy Amount
TractorTractorFarm MechanizationFarm Mechanization30 HP - 60 HP (vary with HP & model)₹4,00,000 – ₹8,50,000
TrolleyTrolleyFarm MechanizationFarm MechanizationHydralic (vary with size and model)₹90,000 – ₹2,00,000
Power TillerPower TillerFarm MechanizationFarm Mechanization15 HP₹1,60,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization4 ft₹75,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization5 ft₹70,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization6 ft₹75,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization7 ft₹80,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization8 ft₹85,000
Rotavator ( tractor-drawn)Rotavator ( tractor-drawn)Farm MechanizationFarm Mechanization9 ft₹96,000
Seed Drill (tractor drawn)Seed Drill (tractor drawn)Farm MechanizationFarm Mechanization9 tyne₹28,000
Seed Drill (tractor drawn)Seed Drill (tractor drawn)Farm MechanizationFarm Mechanization11 tyne₹30,000
Seed Drill (tractor drawn)Seed Drill (tractor drawn)Farm MechanizationFarm Mechanization13 tyne₹38,000
Seed Drill (tractor drawn)Seed Drill (tractor drawn)Farm MechanizationFarm Mechanization15 tyne₹48,000
DSR Drill cum PlanterDSR Drill cum PlanterFarm MechanizationFarm Mechanization—₹60,000
Paddy transplanter walk behindPaddy transplanter walk behindFarm MechanizationFarm Mechanization—₹1,90,000
Paddy transplanter self propelledPaddy transplanter self propelledFarm MechanizationFarm Mechanization—₹10,60,000
Power operated spray pumpsPower operated spray pumpsFarm MechanizationFarm Mechanization—₹7,000
Battery powered sprayersBattery powered sprayersFarm MechanizationFarm Mechanization—₹4,000
Tractor operated hydraulic sprayerTractor operated hydraulic sprayerFarm MechanizationFarm Mechanization400 ltr₹50,000
Farm MechanizationFarm MechanizationFarm Mechanization600 ltr₹80,000
Raised bed planter / ridge planter / multicrop planterRaised bed planter / ridge planter / multicrop planterFarm MechanizationFarm Mechanization—₹70,000
Multicrop thrasher / maize thresherMulticrop thrasher / maize thresherFarm MechanizationFarm Mechanization—₹1,45,000
Maize ShellerMaize ShellerFarm MechanizationFarm Mechanization—₹42,000
Power WeederPower WeederFarm MechanizationFarm MechanizationDiesel Engine₹86,000
Power WeederPower WeederFarm MechanizationFarm MechanizationPetrol Engine₹50,000
Combine HarvesterCombine HarvesterFarm MechanizationFarm MechanizationSelf Propelled₹18,00,000
Combine HarvesterCombine HarvesterFarm MechanizationFarm MechanizationSelf Propelled, multi-crop and maize₹23,00,000
Combine HarvesterCombine HarvesterFarm MechanizationFarm MechanizationTractor Mounted₹14,00,000
Laser LevelerLaser LevelerFarm MechanizationFarm Mechanization7 feet bucket₹2,60,000
Paddy nursery raising machinePaddy nursery raising machineFarm MechanizationFarm Mechanization—₹1,75,000
Paddy TransplanterPaddy TransplanterFarm MechanizationFarm Mechanization6-row planter(petrol version)₹10,60,000
Happy Seeder (Turbo)Happy Seeder (Turbo)Farm MechanizationFarm Mechanization9-row planter(petrol version)₹1,05,000
Happy Seeder (Turbo)Happy Seeder (Turbo)Farm MechanizationFarm Mechanization10-row planter(petrol version)₹1,10,000
Happy Seeder (Turbo)Happy Seeder (Turbo)Farm MechanizationFarm Mechanization11-row planter(petrol version)₹1,15,000
Power weederPower weederFarm MechanizationFarm Mechanization—₹70,000
Straw reaperStraw reaperFarm MechanizationFarm Mechanization—₹2,40,000
Gyro RakeGyro RakeFarm MechanizationFarm Mechanization—₹2,75,000
BalerBalerFarm MechanizationFarm MechanizationSquare₹9,00,000
BalerBalerFarm MechanizationFarm MechanizationRound₹3,75,000

How to Apply for Farm Mechanization Subsidy in Punjab

Step-by-step process for first-time applicants

  1. Prepare a Detailed Project Report (DPR) — Use the NABARD unit costs listed in the table below as benchmarks for your farm mechanization investment estimate.
  2. Approach your bank in Punjab — Visit a nationalised bank, Regional Rural Bank (RRB), or PACS branch with your Aadhaar, land records (7/12 or patta), and the DPR.
  3. Scheme selection — The bank will match your activity to the applicable central or state scheme — for farm mechanization, this is typically SMAM.
  4. Departmental approval and verification — The bank routes the subsidy claim to the relevant department for technical appraisal and sanction.
  5. 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 Punjab

  • 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 Punjab

Frequently Asked Questions

What is the NABARD subsidy amount for farm mechanization in Punjab?

NABARD has published unit costs for 39 farm mechanization activities in Punjab. The highest subsidy is for Combine Harvester at ₹23,00,000. 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 Punjab?

Individual farmers, farmer groups, agri-entrepreneurs, and FPOs with valid land records or a lease agreement are eligible for farm mechanization subsidies in Punjab. 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 Punjab?

Step 1: Prepare a DPR estimating the investment based on NABARD unit costs. Step 2: Approach a nationalised bank or RRB in Punjab 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 Punjab?

Nationalised banks (SBI, Bank of Baroda, Canara Bank), Regional Rural Banks, and NABARD-refinanced cooperative banks all offer farm mechanization term loans in Punjab. 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 Punjab?

Core documents for any farm mechanization subsidy in Punjab: (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 Punjab a capital subsidy or an interest subsidy?

Most NABARD-linked farm mechanization subsidies in Punjab 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.