Micro Irrigation System Financing

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Micro Irrigation System Financing

A short to medium term loan facility provided to farmers seeking financial assistance in the purchase and installation of Irrigation Systems (from only JISL)

Maximum Tenure
60 Months

Interest Rate
12% - 17%

Processing Fees
1% + GST

Features and benefits

Financing the cost of purchase and deployment of MIS / Automation system

Cutomized
Repayment

in single or multiple instalments in accordance with the crop cycle and decided on a case to case basis by SAFL

Easy
Application

We provide door-to-door service so that you can submit your application from the home. SAFl sales executives are their across 74 branches

Renewal of Loan Facility

You can borrow more money by using the top up faciity available for existing users

Eligibility Criteria

Farmers/ Customers purchasing JISL Irrigation Systems and satisfying SAFL’s eligibility norms

  • Minimum land holding of 1 Acre (In case of Automation system minimum landholding should be 5 Acre)
  • Age of applicant should be minimum 22 years old at the time of sanction and should not be more than 60 years old at the time of end of tenor of loan

Documents Needed

The document required to apply for MIS Loans are easy to obtain. It's best to gather all loan against property documents before you submit your loan request. Indicated below is the list of documents required to avail a loan against property.

Photo Identity Proof

  • Passport
  • Pan Card
  • Voter Identity card
  • Driving License
  • ID Proof issued by Panchayat / Gram Sevak

Address Proof

  • Voter ID Card
  • Passport
  • Bank Account Statement
  • Aadhaar Card
  • Driving License
  • Electricity Bill
  • Telephone Bill
  • Rahivashi Dhakla issued by sarpanch of the village

Income Proof

  • Bank details with last 6 months
  • Latest Audited Financials Business Proof
  • Qualification Certificate/Certificate of Practice(COP)
  • Shop Act License/MOA & AOA/Sales TaxNat registration I Partnership Deed

Property/farming land Document

  • Original 7/12 extract
  • 8 Aextract
  • Ferfar (6D)
  • Boundary map from Talati/self- attested by farmer
  • Govt valuation report from sub-registrar office/market valuation report
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Related Links

Agri Financing

Loan Against Property

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Disclaimer

SUSTAINABLE AGRO-COMMERCIAL FINANCE LIMITED

Corporate Office:

1st Floor, Marshall Building, Shoorjivallabhdas Marg, Ballard Estate, Mumbai 400001. Maharashtra, India

Registered Office:

7, Kumtha Street, Ballard Estate, Mumbai- 400001. Maharashtra, India

CIN No: U65999MH2011PLC213640
GST No: 27AAPCS6949E1ZR
Contact No: 02269061999

Email id: corporate.secretarial@safl.in

IRDAI Corporate Agency (Composite) Regn. No: CA0968 (Valid till 1st August 2027)

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