Agriculture Infrastructure Fund (AIF)
Ministry Of Agriculture and Farmers Welfare
The Agriculture Infrastructure Fund offers farmers, FPOs and agri-entrepreneurs concessional loans with 3% interest subvention (up to Rs 2 crore) and credit guarantee cover to build post-harvest management and community farming infrastructure, applied for via agriinfra.dac.gov.in.
Key facts
- Nodal ministry
- Ministry Of Agriculture and Farmers Welfare
- Level
- Central
- Launched
- 2020
- Last date
- Ongoing / No fixed deadline
- Helpline
- NA
What you get
Eligible entities get medium to long-term debt financing at a concessional interest rate with 3% interest subvention (up to Rs 2 crore loan) and credit guarantee coverage for building post-harvest management infrastructure and community farming assets.
Who is eligible
Farmers, FPOs, agri-entrepreneurs, Primary Agricultural Credit Societies, Self Help Groups, cooperatives, and state/central agencies undertaking eligible infrastructure projects are eligible.
Documents you need
Project report, land/lease documents, entity registration proof, and bank account details.
How to apply
Apply through the AIF online portal (agriinfra.dac.gov.in) with your project proposal; the loan is sanctioned by participating banks/financial institutions after appraisal.
Frequently asked questions
Who can apply for the Agriculture Infrastructure Fund?
Farmers, FPOs, agri-entrepreneurs, cooperatives, SHGs and government agencies undertaking eligible infrastructure projects.
What interest subvention does AIF provide?
3% per annum interest subvention on loans up to Rs 2 crore, along with credit guarantee coverage.
How do I apply for AIF financing?
Submit your project proposal on the AIF portal agriinfra.dac.gov.in; participating banks appraise and sanction the loan.