Farm Mechanization · Punjab

Rotavator ( tractor-drawn) Subsidy in Punjab

Rotavator ( tractor-drawn)

NABARD Unit Cost for Rotavator ( tractor-drawn) in Punjab

Government-approved benchmark amount for farm mechanization financing

NABARD Unit Cost₹75,000
StatePunjab
CategoryFarm Mechanization
Sub-CategoryFarm Mechanization
Specification4 ft

Rotavator ( tractor-drawn) — 4 ft

Eligibility for Rotavator ( tractor-drawn) Subsidy in Punjab

Who can apply

  • Individual farmers with land records (7/12, patta, or registered lease deed) in Punjab
  • 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: 4 ft. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Rotavator ( tractor-drawn) Subsidy in Punjab

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹75,000 as the benchmark for a 4 ft investment.
  2. Visit your bank in Punjab — 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:

Rotavator ( tractor-drawn) Subsidy — State-wise Comparison

NABARD unit costs for Rotavator ( tractor-drawn) across 6 states. Amounts reflect local input costs and state-level additions.

Rotavator ( tractor-drawn) NABARD unit cost across Indian states
StateSubsidy AmountDetails
Punjabcurrent₹96,000View →
Punjabcurrent₹85,000View →
Punjabcurrent₹80,000View →
Punjabcurrent₹75,000View →
Punjabcurrent₹75,000View →
Punjabcurrent₹70,000View →

More Farm Mechanization Subsidies in Punjab

View all Farm Mechanization activities in Punjab →

More Subsidy Categories in Punjab

Frequently Asked Questions

What is the NABARD subsidy amount for Rotavator ( tractor-drawn) in Punjab?

The NABARD unit cost for Rotavator ( tractor-drawn) in Punjab is ₹75,000 (specification: 4 ft). 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 "4 ft" mean for Rotavator ( tractor-drawn)?

The specification "4 ft" 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 Rotavator ( tractor-drawn) subsidy in Punjab?

Step 1: Prepare a DPR for Rotavator ( tractor-drawn) using the NABARD unit cost of ₹75,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Punjab 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 Rotavator ( tractor-drawn) in Punjab?

Rotavator ( tractor-drawn) 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 Punjab.

Which state gives the highest subsidy for Rotavator ( tractor-drawn)?

Punjab offers ₹75,000 for Rotavator ( tractor-drawn), 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 Rotavator ( tractor-drawn) financing in Punjab?

NABARD-linked term loans for farm mechanization investments like Rotavator ( tractor-drawn) 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.