Minor Irrigation · Punjab

Pumpsets (Replacement) Subsidy in Punjab

Pumpsets (Replacement)

NABARD Unit Cost for Pumpsets (Replacement) in Punjab

Government-approved benchmark amount for minor irrigation financing

NABARD Unit Cost₹70,000
StatePunjab
CategoryMinor Irrigation
Sub-CategoryTube Wells with Pumpsets
Specification5 HP

Pumpsets (Replacement) — 5 HP

Eligibility for Pumpsets (Replacement) Subsidy in Punjab

Who can apply

Specification note

This unit cost applies specifically to: 5 HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Pumpsets (Replacement) Subsidy in Punjab

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹70,000 as the benchmark for a 5 HP 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 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:

More Minor Irrigation Subsidies in Punjab

View all Minor Irrigation activities in Punjab →

More Subsidy Categories in Punjab

Frequently Asked Questions

What is the NABARD subsidy amount for Pumpsets (Replacement) in Punjab?

The NABARD unit cost for Pumpsets (Replacement) in Punjab is ₹70,000 (specification: 5 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 "5 HP" mean for Pumpsets (Replacement)?

The specification "5 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 Pumpsets (Replacement) subsidy in Punjab?

Step 1: Prepare a DPR for Pumpsets (Replacement) using the NABARD unit cost of ₹70,000 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 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 Pumpsets (Replacement) in Punjab?

Pumpsets (Replacement) 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 Punjab.

Which state gives the highest subsidy for Pumpsets (Replacement)?

Punjab offers ₹70,000 for Pumpsets (Replacement), 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 Pumpsets (Replacement) financing in Punjab?

NABARD-linked term loans for minor irrigation investments like Pumpsets (Replacement) 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.