NABARD Scheme
What is NABARD?
NABARD (National Bank for Agriculture and Rural Development) is a development bank established by the Government of India to promote agriculture, rural development, MSMEs, and self-employment activities in rural and semi-urban areas.
What is the NABARD Scheme?
NABARD Schemes are financial assistance and subsidy-based schemes designed to support:
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Farmers
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SHGs (Self Help Groups)
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FPOs (Farmer Producer Organizations)
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Rural entrepreneurs
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MSMEs and agri-based businesses
These schemes provide loans, refinance support, and subsidies through banks and financial institutions.
Objectives of NABARD Schemes
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✅ Promote agriculture and allied activities
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✅ Encourage rural entrepreneurship
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✅ Support MSMEs and cottage industries
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✅ Improve rural infrastructure
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✅ Generate employment in rural areas
Popular NABARD Schemes
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Dairy Entrepreneurship Development Scheme (DEDS)
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Agri Infrastructure Fund (AIF)
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Watershed Development Programs
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Self Help Group–Bank Linkage Program (SHG-BLP)
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Farm Mechanization & Allied Activities Support
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Rural Godown & Storage Infrastructure Scheme
Who Can Apply?
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Farmers & Agriculturists
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Individual Entrepreneurs
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SHGs / JLGs
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Farmer Producer Companies (FPCs)
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Cooperative Societies
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Rural MSMEs
Benefits of NABARD Schemes
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Subsidy on project cost (varies by scheme)
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Easy access to bank loans
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Lower interest rates (in some schemes)
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Support for startup and expansion projects
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Long repayment tenure
Documents Required
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Identity & Address Proof
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Project Report
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Land documents / Lease agreement
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Bank account details
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Quotation of machinery / assets
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Caste certificate (if applicable)
Application Process
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Prepare detailed project report
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Apply through nationalized / cooperative bank
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Bank appraisal and inspection
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Loan sanction
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Subsidy release through NABARD
⏱️ Timeline: Depends on bank and scheme (usually 30–60 days)
Key Note
📌 NABARD does not directly give loans to individuals. Financial assistance is provided through banks.
