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  • For installation of solar water pumping system. The scheme will help in harnessing the solar energy for pumping water by water pumps
  • The farmers' land should have adequate source of water. In case any Public/Government source is being used,water right certificate from the concerned authority should be produced.
  • In case of wells they should have sufficient recouping capacity to irrigate area proposed to be brought under irrigation.
  • Farmer should own an economic land holding with a minimum of 10 acres. However, loans to be considered even if the benefiting area is less than 10 acres provided the farmer is able to sell surplus water.
  • It is also possible that due to Technical limitation of solar pump set, it can work at low Heads only (shallow water sources) and low capacity (2.50 HP pump sets) & hence capacity to irrigate small area only (1-2 Hectares) due to small discharge. In such cases, viability should be ensured and projected DSCR is not less than 1.60.
Quantum of limit 75% of the cost of the equipment
Margin Minimum of 25%. If subsidy is available, the same to be considered as Margin
Security Hypothecation of equipments and mortgage of land for aggregate exposure under agriculture loans above Rs.1.60 lakh.
Repayment Period 5-7 years

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