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HDFC Bank Agriculture Loan

Updated on September 24, 2023 , 36439 views

Housing Development Finance Corporation (HDFC), the largest private sector Bank of India, offers one of the important products - HDFC Agriculture loan, which aims at giving various farming solutions to the farmers of our country.

HDFC Bank Agriculture Loan

The bank gives support for various agricultural activities like farming, cash crops, plantations, poultry, dairying, seeds, warehousing, etc. You can get various types of agriculture loans under one roof at competitive interest rates.

Types of HDFC Agriculture Loan

1. HDFC Crop Loan

The purpose of the crop loan is to develop commercial horticulture, establishment orchards and plantations along with growth of field crops. You can receive the funds for your term loan once the project feasibility study is complete.

Farmers with agricultural Land, whether owned or in Lease are is eligible to apply for the HDFC crop loan.

2. Retail Agri Loans- Kisan Gold Card

The Kisan Gold Card finances a specified sum of money for the farming requirements such as - the production of the crop, post-harvest, repair & maintenance and consumption needs of the farmer. Other than this, funding is also done for the purchase of farm machinery, irrigation equipment and construction of storage structures, etc.

Types of Facilities

  • Cash credit and overdraft Facility is offered to meet crop production cost and expenses towards consumption, post-harvest expenses and repair & maintenance
  • A term loan is given for the investment purpose like land development, purchase of farm implement, irrigation equipment., etc.
  • The bank offers loan quantum based on the land under cultivation, cropping pattern and scale of finance.

Kisan Gold Card Interest Rate 2023

The Kisan Gold Card offers an interest rate starting from 9% p.a.

The table below lists the interest rate:

Product Minimum Interest Rate Maximum Interest Rate Average
Retail Agri- Kisan Gold Card 9% (irr*) 16.01% 10.77%
Retail Argi-Kisan Gold Card 9% (APR#) 16.69% 1078%

*IRR-Internal Rate of Return

#APR- Annual Percentage Rate

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Other Benefits on Kisan Gold Card

  • Under Kisan Gold Card, a farmer can get personal accidental insurance coverage up to Rs. 2 lakh
  • A farmer can get Rupay Farmer Platinum Debit Card for a hassle-free transaction
  • Crop Insurance available for all notified crop under Pradhan Mantri Fasal Bima Yojana


  • KCC Application form
  • KYC of Borrower/Co-borrower/Guarantor
  • Copy of land records
  • Copy of rate of agriculture land
  • Latest passbook/ bank statement


  • Individual Farmer
  • Joint borrowers
  • All major applicant up to the age of 60 years
  • Above 60 years legal Heir is mandatory
  • A farmer who owns agricultural land and is actively cultivating crops

3. HDFC Small Agri-Business Loan

HDFC bank provides working Capital for Agri traders, arathiyas, food processing firms and Agri exporters. The scheme is specifically designed for the Agri-business requirement and aims to provide them with credit in the quickest way possible.

Features of Small Agri-Business Loan

  • Under this scheme, one can get funding to individuals, sole proprietorship firms, partnership firms, Pvt Ltd companies, limited companies, etc
  • Acceptable Collateral for residential/ commercial/ industrial property/ cash & liquid collateral
  • You can get tenor of 12 months with annual renewal
  • The loan offers secured scheme depending upon your needs and eligibility
  • This loan comes with attractive interest rates
  • You can get access for various facilities such as net banking, mobile banking and phone banking. The bank also offers multi-location banking
  • A farmer can get the facility of day-to-day expenses that includes fund and non fund based cash credit, overdraft, term loan, bank guarantee and letter of credit


  • The business should be 5 years old and should have a minimum of 3 years on the same location
  • net-worth and profit after tax should have a good record at least 2 out of 3 financial years
  • Account behaviour will be judged on the Basis of cheque returns, over-drawings and utilization of limits

Benefits of Agri-Business Loan

  • The bank offers faster loan approval and disbursal, along with quick and easy documentation process right at your doorstep
  • The loans offer competitive rates and charges
  • One of the other benefits of availing loan with HDFC bank is that it gives complete transacery of the process. There are no hidden charges and you will receive updates on your loan application at every step


  • Application form with KYC (including Partnership Deed/MOA & AOA/COI)
  • Bank statements of latest 6 months
  • Stock & Receivables statement
  • Property & Income-related documents (including AUD, Balance Sheet, ITR of last three years)
  • Business registration proof & repayment track record of any existing loan
  • Last 6 months stocks, debtors and creditors value on the letterhead
  • Voter ID/Electricity Bill/Bank Passbook/Passport/Ration card/Aadhar Card
  • PAN Card/Bank Passbook/Passport/Driving License

Note: All documents need to be self-attested by the borrower

4. Pledge Loan- Warehousing Receipt

It is a type of HDFC agriculture loan wherein you can borrow money against commodities stored in a warehouse at an attractive interest rates.


  • The bank offers quick loan process
  • You can get a loan at attractive interest rate and other charges
  • There are no hidden charges. The bank ensures a complete clarity on your loan application. You will also get an update of the loan application at each stage


  • Pre-approved documents
  • Copy of land documents
  • Voter ID Card/ Electricity Bill/ Telephone Bill/ Bank Passbook/ Passport/ Ration Card/ Aadhar card
  • PAN Card/Voter ID/Bank Passbook/Driving Licence

Note: The documents are not required for the existing customers of the bank


  • Avail loan for the wide Range of commodities
  • Get attractive interest rates
  • Get loans depending on your needs and eligibility
  • Stock insurance facility is available for the stocked commodities
  • One of the best feature is that interest payment is to be made at the rare end of the loan
  • The scheme offers easy repayment feature too

5. Tractor Loan

Under the tractor loan, you can get 90% finance on the tractor of your choice. The bank offers highly competitive interest rates and processing fees with a repayment loan in 12 to 84 months.

The scheme also provides a credit shield for your tractor loan and protects your family from debt.


  • Minimum age of 18 years
  • Maximum age of 60 years
  • Minimum annual income Rs. 1 lakh (for farmers) and Rs. 1.5 lakh (for commercial segment)


  • Application Form
  • Latest photograph of borrower/Guarantor
  • Aadhar card
  • Aadhar card/Voter ID/PAN Card/Driving License/Passport
  • Land ownership proof
  • Repayment track record
  • Income proof: ITR & financials of last 2 years
  • Proof of salary/pension

6. HDFC Kisan Credit Card

Kisan Credit Card provides loans to the farmers at a reasonable rate. The scheme is launched by the Government of India in association with Reserve Bank of India (RBI) and National Bank for Agriculture and Rural Development to render relief to the farmers.

Kisan Credit Card Features

  • It is valid for five years
  • It should be renewed annually
  • The scheme provide the credit period of 12 months
  • Repayment can be done after the harvest and sale of the crops
  • The Credit Limit depends on the lender’s rules and Credit Score of the farmer
  • If there is a failure of crop season, then the bank may extend the loan amount up to four years or more


  • Cheque book will be issue with the credit limit of Rs.25000
  • A maximum credit limit of Kisan Credit Card is Rs. 3 lakh
  • A farmer can purchase seeds, fertilizers, farm equipments with loan amount
  • The scheme attracts low interest rates at an average of 9% p.a.
  • Subsidies will be given to the farmers with a Good Credit score

Kisan Credit Card Insurance

  • HDFC bank offers Insurance Coverage under National Crop Insurance Scheme for certain types of crop loan
  • Personal Accident coverage will be given to the card holders under 70 years
  • The card holders can also get the coverage for failed crop season following natural calamities or pest attacks

HDFC Agriculture Customer Care

In case of any queries, you can contact HDFC customer care executives by dialing the following toll free number - 1800 258 3838

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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