Renewable Energy · Rajasthan
SPV Surface Pump Subsidy in Rajasthan
SPV Surface Pump
NABARD Unit Cost for SPV Surface Pump in Rajasthan
Government-approved benchmark amount for renewable energy financing
SPV Surface Pump — AC 20 Head 2200WP 3 HP
Eligibility for SPV Surface Pump Subsidy in Rajasthan
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Rajasthan
- 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: AC 20 Head 2200WP 3 HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for SPV Surface Pump Subsidy in Rajasthan
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹3,30,000 as the benchmark for a AC 20 Head 2200WP 3 HP investment.
- Visit your bank in Rajasthan — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to PM KUSUM.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- 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:
SPV Surface Pump Subsidy — State-wise Comparison
NABARD unit costs for SPV Surface Pump across 3 states. Amounts reflect local input costs and state-level additions.
More Renewable Energy Subsidies in Rajasthan
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- On grid Solar Photovoltaic Power Plant₹50,00,00,000
More Subsidy Categories in Rajasthan
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Agriculture News
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Frequently Asked Questions
What is the NABARD subsidy amount for SPV Surface Pump in Rajasthan?
The NABARD unit cost for SPV Surface Pump in Rajasthan is ₹3,30,000 (specification: AC 20 Head 2200WP 3 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 "AC 20 Head 2200WP 3 HP" mean for SPV Surface Pump?
The specification "AC 20 Head 2200WP 3 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 SPV Surface Pump subsidy in Rajasthan?
Step 1: Prepare a DPR for SPV Surface Pump using the NABARD unit cost of ₹3,30,000 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 Renewable Energy 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 SPV Surface Pump in Rajasthan?
SPV Surface Pump falls under the Renewable Energy category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Rajasthan.
Which state gives the highest subsidy for SPV Surface Pump?
Rajasthan offers ₹3,30,000 for SPV Surface Pump, 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 SPV Surface Pump financing in Rajasthan?
NABARD-linked term loans for renewable energy investments like SPV Surface Pump 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.