Agriculture Infrastructure Fund (AIF) Scheme

Agriculture Infrastructure Fund (AIF) offers medium to long-term debt financing for post-harvest and community farming projects, enhancing farm productivity.

Scheme Overview

Loan Tenure: Medium to long-term financing for up to 13 years.

Interest Subvention: 3% per annum up to ₹2 crore.

Credit Guarantee: Coverage under CGTMSE for loans up to ₹2 crore.

Features

Eligible Entities: Farmers, PACS, FPOs, Agri-entrepreneurs, Startups, and others..

Benefits

Enhanced Infrastructure: Develops post-harvest infrastructure, reducing wastage.

Financial Support : Provides accessible financing to promote agricultural growth.

Market Linkages: Strengthens market connections through better infrastructure, higher incomes.

Drawbacks

Potential delays in project implementation and fund disbursement.

Application Process

Eligibility Check: Ensure eligibility as farmer, PACS, FPO, Agri-entrepreneur, or startup.

Fill Application Form: Complete form online or at designated banks.

Submit Documents: Provide project reports, financial statements, and relevant proofs.

Submit Documents : Provide necessary documents such as Aadhar Card, land records, and other relevant proofs.

Verification and Approval:  Submit form at nearest bank branch for verification and approval.

Agriculture Infrastructure Fund (AIF) boosts farm productivity and profitability with favorable financing for sustainable growth.

Conclusion

To learn more about Agriculture Infrastructure Fund (AIF) Scheme, click the link below .