Nabard Scheme has been developed by the concerned authorities to provide low-interest rates to all the residents of the country. In this article today, we will discuss with everyone the important aspects of the NABARD scheme. We will also discuss different aspects of the scheme such as the eligibility criteria, application procedure, and all the other important aspects, and have included every little detail in this article about the Nabard scheme.
We have shared a step-by-step guide to applying for the scheme.
Table of Contents
About Dairy Farming Nabard Scheme
The National Bank for Agriculture and Rural Development (NABARD) is a financial institution in India. The institution manages all the procedures related to credit such as planning, policy, and operations for agriculture and rural undertakings. Mainly, the institution provides funding for agriculture-related activities and for rural development. The institution was set up by the Indian government to increase sustainable agriculture and rural development in the country.
Pradhan Mantri Rojgar Yojana
New Update- NABARD to Raise Funds Through Green Bonds
National Bank for Agriculture and Rural Development (NABARD) is planning to raise ₹30 to ₹50 billion through green bonds, according to a report by Reuters. These bonds will have a maturity period of five to ten years as per reports but are subject to change based on market conditions.
Detail Of Nabard Scheme
| Name | NABARD Scheme |
| Launched by | Government of India |
| Beneficiaries | Farmers |
| Objective | Providing advances and also loans |
| Official website | https://www.nabard.org/default.aspx#firstPage |
Financial Initiatives
The following initiatives are provided in the NABARD portal for the development of the rural areas of India:-
- FINANCIAL
- Direct Finance
- Loans for Food Parks and Food Processing Units in Designated Food Parks
- Loans to Warehouses, Cold Storage, and Cold Chain Infrastructure
- Credit Facilities to Marketing Federations
- Rural Infrastructure Development Fund
- Direct Refinance to Cooperative Banks
- Supporting Producer Organisations
- More Direct Finance
- Alternative Investment Funds
- Long Term Irrigation Fund
- Pradhan Mantri Aawas Yojana – Grameen (PMAY-G)
- Swachh Bharat Mission-Gramin (SBM-G)
- Direct Finance
- Refinance
- Short Term Refinance
- Long Term Refinance
- Eligible schemes for Refinance under Off Farm Sector
Pm Kisan Samman Nidhi Yojana
Sponsored Schemes Under Nabard
The following schemes are available in the NABARD portal for the development of the farmers:-
- Dairy Entrepreneurship Development Scheme
- Capital Investment Subsidy Scheme for Commercial Production Units for organic/ biological Inputs
- Agriclinic and Agribusiness Centres Scheme
- National Livestock Mission
- GSS – Ensuring End Use of Subsidy Released
- Interest Subvention Scheme
- New Agricultural Marketing Infrastructure
Interest Rates
The NABARD portal offers the following interest rates to the people applying for loans or advances:-
| Particulars | Interest Rate |
| Short Term Refinance Assistance | |
| RRBs for financing crop loans | 4.50% |
| Commercial banks/RRBs in respect of their finance to PACs towards crop loans | 4.50% |
| State co-operative banks for financing crop loans | 4.50% |
| DCCBs directly finance crop loans | 4.50% |
| ST-Additional SAO/ST (others)/ST (others)/ST (SAO) – SCARDBs | 7.35% |
| CBS/RRBs – Conversion of Short Term- crop loans into Medium Term loans (3% less than the interest rate charged by banks to ultimate beneficiaries subject to the minimum interest rate at 8.10%) | 8.10% |
| Long Term Refinance Assistance | |
| State government for contribution to share capital of co-operative credit institutions | 8..50% |
| RRBs/StCBs/SCARDBs | 8.35% to 8.45% |
| Direct Lending | |
| Warehouse Infrastructure Fund | |
| State governments | Bank Rate – 1.0% |
| State government corporation | Bank Rate – 1.50% |
| Entities promoted by central/state government-owned/assisted | PLR + risk premium |
| Other entities | PLR + risk premium |
| Food Processing Fund | |
| State governments | Bank rate – 1.50% |
| Entities promoted by state governments (without government guarantee) | PLR + Risk Premium |
| Entities promoted by state governments (with government guarantee) | Bank Rate – 1.50% |
| Other Entities | PLR + Risk Premium |
List Of Offices
The following offices are present in India which are initiated by the NABARD concerned authorities:-
| State | Address | Contact Number |
| Andhra Pradesh | 1-1-61, RTC ‘X’ Roads, Musheerabad, Hyderabad – 500020 Hyderabad – 500020. Musheerabad. Andhra Pradesh. | 0402-7613152 |
| Goa | 3rd Floor, Nizari Bhavan, Menezes Braganza Road. Panaji. Goa. | 0832-2420053/82770 72309 |
| Gujarat | NABARD Tower, Opp. Municipal Garden, Post Box No. 8, Usmanpura Ahmedabad. Gujarat. | 079-27552782 |
| Haryana | Plot. No. 3, Sector 34-A, Post Box No. 7 Chandigarh. Haryana. | 0172-5046728 |
| Karnataka | 46, NABARD Towers, Kempe Gowda Road, Karnataka. Bangalore. | 8022-223125 |
| Kerala | Punnen Road, Statue Thiruvananthapuram. Kerala. | 0471-2710600 |
| Madhya Pradesh | E-5, Area Colony, Bittan Market, Ravishankar Nagar, Post Box No. 513 Bhopal. Madhya Pradesh. | 07552464775 |
| Maharashtra | 54, Wellesley Road, Shivaji Nagar, Post Box No. 5 Pune. Maharashtra. | 02025541439 |
| Delhi | 24, Rajendra Place Delhi – 110008. Delhi. | 1141-539353 |
| Tamil Nadu | 48, Mahatma Gandhi Road, Post Box No. 6074 Nungambakkam. Tamil Nadu. | 9167712182 |
| West Bengal | Abhilasha (2nd Floor),6, Royd Street, Post Box No. 9083 Kolkata. West Bengal. | 033-22267943 |
Registration Process
To register yourself in the NABARD portal, you have to follow the simple steps given below:-
- Click on the Official Website link given here
- On the homepage, enter your personal details.
- Click on register
- You will be successfully registered on the website.