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Canara Estate Purchase Loan

Term finance to acquire coffee, tea, rubber, cardamom, areca, cashew, pepper, coconut and other perennial estates, including stamp duty and registration costs.

Interest rateMCLR + 2.80% + applicable liquidity premium when residential/commercial collateral exceeds 50%; otherwise MCLR + 6.55% + liquidity premium. Interest compounds monthly.Maximum amountNo universal rupee ceiling is published; finance is constrained by 50% margin, valuation, land-ceiling and security rules.TenureNormally repayable within 7–9 years, aligned with estate income generation; no repayment holiday is normally considered.
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Quick eligibility check

Canara Estate Purchase Loan

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: the buyer must be financially sound, experienced and able to service debt under applicable state norms?

Published source: Minimum income

2Do you meet this requirement: Buyer should be experienced, financially sound, able to bring margin and service debt, preferably with satisfactory Canara dealings?

3Do you meet this requirement: Estate should have yield-improvement potential?

4Do you meet this requirement: state land-ceiling and agriculturist rules apply?

5Document checkDo you have this required document or proof: Application, KYC and agricultural experience/income evidence?

Published source: Minimum income

6Document checkDo you have this required document or proof: Sale agreement, title, valuation and land-ceiling documents?

Published source: Minimum income

7Document checkDo you have this required document or proof: Estate yield, development plan and financial projections?

Published source: Minimum income

8Document checkDo you have this required document or proof: Mortgage and collateral documents; stamp-duty/registration estimates?

Published source: Minimum income
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; subject to state agriculturist, land-ceiling and purchase laws

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeAgricultural term loan for purchasing plantation, areca and perennial-crop estates and related registration costs.View source
The page lists plantation crops, areca gardens, perennial crops and related purchase expenses.
Source
Estate Purchase Loan (EPL)
Page / section
Purpose; Nature of facility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateMCLR + 2.80% + applicable liquidity premium when residential/commercial collateral exceeds 50%; otherwise MCLR + 6.55% + liquidity premium. Interest compounds monthly.View source
The current agriculture publishes the two estate-purchase spreads and liquidity premium rule.
Source
Rate of Interest for Agriculture & Allied Activities
Page / section
Estate Purchase Loans
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkMarginal Cost of Funds based Lending Rate (MCLR), plus tenor-based liquidity premium.View source
Estate purchase pricing is expressed over with liquidity premium for longer tenors.
Source
Rate of Interest for Agriculture & Allied Activities
Page / section
Estate Purchase Loans; Liquidity premium
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo numeric income minimum is published; the buyer must be financially sound, experienced and able to service debt under applicable state norms.View source
Eligibility describes experience, financial soundness, margin and state rules rather than a rupee income threshold.
Source
Estate Purchase Loan (EPL)
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo universal rupee ceiling is published; finance is constrained by 50% margin, valuation, land-ceiling and security rules.View source
The page states 50% margin but no absolute maximum amount.
Source
Estate Purchase Loan (EPL)
Page / section
Margin; Security
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureNormally repayable within 7–9 years, aligned with estate income generation; no repayment holiday is normally considered.View source
The official repayment section gives a seven-to-nine-year range and no normal holiday.
Source
Estate Purchase Loan (EPL)
Page / section
Repayment
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Plantation and high-value perennial-crop estate acquisition
  • Areca-garden purchase where state norms are met
  • Stamp duty and registration costs may be financed
  • 50% margin of lower purchase consideration or market value
  • 7–9-year repayment aligned to income generation
  • Residential/commercial collateral risk bands published

Eligibility

  • Buyer should be experienced, financially sound, able to bring margin and service debt, preferably with satisfactory Canara dealings. Estate should have yield-improvement potential; state land-ceiling and agriculturist rules apply.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application, and agricultural experience/income evidence
  • Sale agreement, title, valuation and land-ceiling documents
  • Estate yield, development plan and financial projections
  • Mortgage and collateral documents; stamp-duty/registration estimates

Related official documents

Rate of Interest for Agriculture & Allied Activities — Canara Bankofficial-rate-pdf · current · accessed 12 Sept 2026
↗
Rate of Interest for Agriculture & Allied Activities (updated 18.08.2026)official-rate-table · current · accessed 30 Aug 2026
↗
Estate Purchase Loan (EPL)official-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

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Estate Purchase Loan · Purpose / eligibilityExperienced buyer purchasing plantation/perennial estate; state land rules apply

This value is copied from Canara estate purchase and custom-hiring terms. Check the table notes before relying on it.

Source: Canara agriculture pages and rate · Eligibility; Quantum; Margin; Interest; Security; Repayment Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 2 rows · 4 columnsCanara estate purchase and custom-hiring termsPublished purpose, eligibility, pricing, limits, security and repayment terms from official Canara sources.View tableHide table

Scroll sideways to view every column

Canara estate purchase and custom-hiring terms
ProductPurpose / eligibilityAmount / rateSecurity / repayment
Estate Purchase LoanExperienced buyer purchasing plantation/perennial estate; state land rules apply50% margin; + 2.80% or 6.55% + liquidity premium by collateral profileLand mortgage plus collateral; 7–9 years, normally no holiday
Custom Hiring Centre FinanceIndividuals/entities setting up farm-machinery hiring fleet₹2–₹50 lakh; 15%–25% margin; + 1.70%/1.45% + liquidity premium by security coverageHypothecation, 100% collateral comfort and guarantees; 5–9 years
Canara agriculture pages and rate · Eligibility; Quantum; Margin; Interest; Security; Repayment · accessed 30 Aug 2026Open official source ↗
Table 2 · 28 rows · 4 columnsCanara agriculture and allied activities — rate schedule (updated 18 August 2026)Complete transcription of the published four-page PDF.View tableHide table

Scroll sideways to view every column

Canara agriculture and allied activities — rate schedule (updated 18 August 2026)
Product / slabRate or spreadAmount / rating / securityCondition
Various short-term and term agriculture/allied loans + 1.40%Up to ₹3 lakhExcludes agro/food processing
Kisan Credit Card — subvention7% p.a.Up to ₹3 lakhSubvention slab
Kisan Credit Card — non-subvention + 1.40%Up to ₹3 lakhOne-year wording
Kisan Credit Card + 2.30%Above ₹3 lakhSpread over
Kisan Credit Card — non-subvention + 2.30%Above ₹3 lakhOne-year wording
Various short-term and term agriculture/allied loans + 2.30%Above ₹3 lakh to ₹1 croreSpread over
Various short-term and term loans — scoring lower/middle/higher/highest + 2.20% / 2.35% / 2.80% / 3.50%₹1–2 croreScoring norms in enclosure I
Various short-term and term loans — LR/NR/MR/HR internal ratings + 2.20% / 2.55% / 2.95% / 3.75%Above ₹2 crore to ₹50 crore and externally unratedInternal rating
Externally rated AAA//A/BBB/BB/B/C&D + 1.20% / 1.30% / 1.65% / 2.60% / 3.35% / 3.50% / 4.50%Above ₹50 croreExternal rating
Additional interest on FB facilities+0.50% p.a. / +1.00%Above ₹50–100 crore / above ₹100 croreExternally unrated
Additional commission on NFB facilities+0.10% p.a.Externally unratedUntil rating or permitted waiver
Liquidity premium+0.20% / 0.25% / 0.25% / 0.30% / 0.30% / 0.45%>1–2 / >2–3 / >3–5 / >5–7 / >7–10 / >10 yearsLoaded unless exempted
Agriculture gold loan + 0.10%Up to ₹35 lakhAgriculture/allied
Agricultural gold overdraft + 0.30%Up to ₹5 lakhAgriculturist
under NRLM7%; one-year ; + 1.25% (A) / +2.00% (B)Up to ₹3 lakh; ₹3–5 lakh; above ₹5 lakhMarks-secured grade
other than NRLM7%; one-year + 1%; + 1.50% (A) / +2.25% (B)Up to ₹3 lakh; ₹3–5 lakh; above ₹5 lakhMarks-secured grade
Estate Purchase Loan + 2.80% + LP / + 6.55% + LPCollateral above 50% / otherTerm loan only
Small tractor scheme (up to 30 HP)One-year + 1.55% + LP / +2.05% + LPUp to ₹3 lakh / above ₹3 lakhLiquidity premium
Matsya SurakshaOne-year + 1.05%Standard4% if DRI-qualified and ₹15,000 quantum
Matsya ParirakshanOne-year + 1.05%Standard4% if DRI-qualified and ₹15,000 quantum
Matsya SamrudhiOne-year + 1.05%StandardFisheries/aquaculture
term loanOne-year + 1.55% + LPFarmers Producer OrganisationTerm loan
working capitalOne-year + 1.55%Farmers Producer OrganisationWorking capital
Custom Hiring Centre + 1.70% + LP / + 1.45% + LP100% / >100% immovable-security coverageFarm machinery hiring
Canara Consumption LoanOne-year + 0.20%Natural-calamity consumption loanScheme row
Agri- low/normal risk + 0.25% / +0.50%Collateral ≥100% / <100%Manufacturing and other units
Agri- moderate risk + 0.50% / +0.75%Collateral ≥100% / <100%Manufacturing and other units
Agro and food processing industries to + 0.60%Listed food, agro, cashew, coffee, milk and fish processingSeparate section
  • Updated 18 August 2026.
  • Liquidity premium applies to loans repayable beyond one year unless specifically exempted; rates shown are effective under the published schedule.
  • Agriculture/allied excludes agro and food processing; those units use the separate -to-+0.60% range.
  • Product pages supply product-specific purpose, eligibility, margin, security and repayment terms.
Rate of Interest for Agriculture & Allied Activities — Canara Bank · Pages 1–4, complete published · effective 18 Aug 2026 · accessed 12 Sept 2026Open official source ↗

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