Farm Mechanization · Rajasthan

Tractor Subsidy in Rajasthan

Tractor

NABARD Unit Cost for Tractor in Rajasthan

Government-approved benchmark amount for farm mechanization financing

NABARD Unit Cost₹4,20,200
StateRajasthan
CategoryFarm Mechanization
Sub-CategoryFarm Mechanization
Specification24 HP 1 Cylinder

Tractor — 24 HP 1 Cylinder

Eligibility for Tractor Subsidy in Rajasthan

Who can apply

Specification note

This unit cost applies specifically to: 24 HP 1 Cylinder. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Tractor Subsidy in Rajasthan

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹4,20,200 as the benchmark for a 24 HP 1 Cylinder investment.
  2. Visit your bank in Rajasthan — 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:

Tractor Subsidy — State-wise Comparison

NABARD unit costs for Tractor across 46 states. Amounts reflect local input costs and state-level additions.

Tractor NABARD unit cost across Indian states
StateSubsidy AmountDetails
Madhya Pradesh₹15,75,000View →
Madhya Pradesh₹11,75,000View →
Gujarat₹11,00,000View →
Bihar₹9,00,000View →
Karnataka₹8,50,000View →
Madhya Pradesh₹8,10,000View →
Haryana₹8,00,000View →
Jammu and Kashmir₹8,00,000View →
Madhya Pradesh₹7,82,500View →
Bihar₹7,75,000View →
Gujarat₹7,70,000View →
Andaman and Nicobar₹7,50,000View →
Karnataka₹7,50,000View →
Madhya Pradesh₹7,35,000View →
West Bengal₹7,25,000View →
Gujarat₹7,15,000View →
Odisha₹6,71,000View →
Rajasthancurrent₹6,56,000View →
Bihar₹6,45,000View →
Madhya Pradesh₹6,37,500View →
Karnataka₹6,25,000View →
Punjab₹6,25,000View →
Tripura₹6,10,500View →
Gujarat₹6,05,000View →
Haryana₹6,00,000View →
Rajasthancurrent₹5,93,000View →
Himachal Pradesh₹5,75,000View →
Kerala₹5,75,000View →
Madhya Pradesh₹5,75,000View →
Rajasthancurrent₹5,55,000View →
Tripura₹5,54,500View →
Odisha₹5,52,310View →
Rajasthancurrent₹5,34,000View →
Jammu and Kashmir₹5,25,000View →
Karnataka₹5,00,000View →
Madhya Pradesh₹5,00,000View →
Haryana₹4,70,000View →
Himachal Pradesh₹4,62,500View →
Uttarakhand₹4,50,000View →
Rajasthancurrent₹4,20,200View →
Himachal Pradesh₹4,12,500View →
Jammu and Kashmir₹4,00,000View →
Karnataka₹3,50,000View →
Gujarat₹3,30,000View →
Madhya Pradesh₹2,40,000View →
Mizoram554500.00 - 610500.00View →

More Farm Mechanization Subsidies in Rajasthan

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More Subsidy Categories in Rajasthan

Frequently Asked Questions

What is the NABARD subsidy amount for Tractor in Rajasthan?

The NABARD unit cost for Tractor in Rajasthan is ₹4,20,200 (specification: 24 HP 1 Cylinder). 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 "24 HP 1 Cylinder" mean for Tractor?

The specification "24 HP 1 Cylinder" 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 Tractor subsidy in Rajasthan?

Step 1: Prepare a DPR for Tractor using the NABARD unit cost of ₹4,20,200 as the benchmark. Step 2: Visit a nationalised bank or RRB in Rajasthan 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 Tractor in Rajasthan?

Tractor 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 Rajasthan.

Which state gives the highest subsidy for Tractor?

Among states with published NABARD unit costs for Tractor, Madhya Pradesh offers the highest amount at ₹15,75,000, compared to ₹4,20,200 in Rajasthan. Differences reflect local input costs, transport, and state-level top-up subsidies. The compare table below shows amounts across all states where this activity has published unit costs.

What is the loan repayment period for Tractor financing in Rajasthan?

NABARD-linked term loans for farm mechanization investments like Tractor 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.