• Small and marginal farmers i.e., those who would own maximum of 5 acres of dry land or 2.5 acres of irrigated land including the land to be purchased.
• Share' croppers / tenant farmers cultivating upto 2.5 acres of irrigated land or 5 acres of dry land as the case may be.
• The total land holding of the borrower after the purchase of the land under the scheme should not exceed 2.5 acres of irrigated land or 5 acres of dry land or equivalent
• Entrepreneurs with agricultural background are also eligible (Provided State laws permit purchase of agriculture lands by such persons) subject to the above ceiling. Entrepreneurs/applicants should be from an agricultural family or/and an agricultural graduate, seeking to establish an agriculture enterprise relating to agriculture (including allied activity).

Maximum ceiling on loan: Rs.10 lakhs.

The quantum of loan will depend upon valuation as assessed by the Branch or Guidance value/Circle rate fixed by the State or the registration value whichever is lower plus value of stamp duty, registration charges for sale / mortgage deed