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IND KISAN SAUR SHAKTHI — KUSUM Component A

Term finance for 500 kW–2 MW decentralised grid-connected renewable power plants on eligible land backed by a DISCOM power-purchase agreement.

Interest rateMCLR 1-year + 1.65% for limits up to ₹25 lakh; MCLR 1-year + 1.90% for limits above ₹25 lakh to ₹1 crore; above ₹1 crore based on internal ratingMaximum amountUp to 70% of project cost, capped at ₹10 crore.TenureMaximum 15 years including moratorium.
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Quick eligibility check

IND KISAN SAUR SHAKTHI — KUSUM Component A

0 of 9 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: a viable 500 kW–2 MW project and DISCOM PPA are required?

Published source: Minimum income

2Do you meet this requirement: Farmers, groups, cooperatives, panchayats, FPOs and WUAs developing a 500 kW–2 MW renewable plant on eligible land with a DISCOM PPA?

Published source: Eligibility

3Do you meet this requirement: RPGs through developers/DISCOMs may also qualify?

Published source: Eligibility

4Do you meet this requirement: DISCOM PPA, project/capacity report, land and plant records, financials, mortgage/escrow, guarantees and CGTMSE records?

Published source: Required documents

5Do you meet this requirement: Eligible projects are 500 kW to 2 MW ground/stilt-mounted grid-connected solar or other renewable plants on barren, uncultivable, pasture or marsh land with a DISCOM PPA?

6Document checkDo you have this required document or proof: DISCOM PPA and project approvals?

Published source: Required documents

7Document checkDo you have this required document or proof: Project-cost and capacity report?

Published source: Required documents

8Document checkDo you have this required document or proof: Land/building and plant/machinery records?

Published source: Required documents

9Document checkDo you have this required document or proof: Promoter/entity KYC and financials?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

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 typeTerm loan for a renewable power generation plant.View source
The official table lists term loan.
Source
KUSUM Component A
Page / section
Type Of Facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateMCLR 1-year + 1.65% for limits up to ₹25 lakh; MCLR 1-year + 1.90% for limits above ₹25 lakh to ₹1 crore; above ₹1 crore based on internal ratingEffective 8 May 2025View source
Limits up to Rs. 25.00 Lakhs: 1 Yr + 1.65%; limits above Rs. 25.00 Lakhs up to Rs. 1.00 Crore: 1 Yr + 1.90%; limits above Rs. 1.00 Crore: Based on Internal rating.
Source
Interest Rate for Agri Products and Interest Rate Range
Page / section
Page 1 table — Ind Kisan Saur Shakti (-KUSUM)
Accessed
10 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; a viable 500 kW–2 MW project and DISCOM PPA are required.View source
The official objective specifies project capacity and a firm PPA instead of income.
Source
KUSUM Component A eligibility review
Page / section
Objective; Target Group
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountUp to 70% of project cost, capped at ₹10 crore.View source
The official quantum row publishes 70% and ₹10 crore cap.
Source
KUSUM Component A quantum
Page / section
Quantum of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 15 years including moratorium.View source
The official repayment row publishes 15 years including moratorium.
Source
KUSUM Component A repayment
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹25,000: nil; above ₹25,000: 0.50% of sanctioned limit plus applicable GST.View source
The official table publishes both fee bands.
Source
KUSUM Component A fee
Page / section
Processing Charge
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityFarmers, groups, cooperatives, panchayats, FPOs and WUAs developing a 500 kW–2 MW renewable plant on eligible land with a DISCOM PPA; RPGs through developers/DISCOMs may also qualify.View source
The official target group and objective define entities, capacity and PPA.
Source
KUSUM Component A eligibility
Page / section
Target Group; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsDISCOM PPA, project/capacity report, land and plant records, financials, mortgage/escrow, guarantees and CGTMSE records.View source
The official security and objective rows identify the project, PPA and security evidence.
Source
KUSUM Component A documentation
Page / section
Security; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Up to 70% of project cost, capped at ₹10 crore
  • Maximum 15-year repayment including moratorium
  • 30% project-cost margin
  • ₹25,000-or-less processing charge nil; above that 0.50% plus
  • PPA receivables escrow and coverage up to ₹2 crore

Eligibility

  • Eligible projects are 500 kW to 2 MW ground/stilt-mounted grid-connected solar or other renewable plants on barren, uncultivable, pasture or marsh land with a DISCOM PPA.
  • No subsidy/grant is available under Component A.

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

Documents the bank lists

  • DISCOM PPA and project approvals
  • Project-cost and capacity report
  • Land/building and plant/machinery records
  • Promoter/entity and financials
  • Receivables escrow, mortgage, guarantee and records

Related official documents

Interest Rate for Agri Products and Interest Rate Rangeofficial-pdf · current-linked-rate-card · accessed 10 Sept 2026
↗
Interest Rates for Agri Products and Interest Rate Range — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗
Benchmark Lending Rates wef 03.09.2026official-pdf · current · accessed 10 Sept 2026
↗
IND KISAN SAUR SHAKTHI — PM KUSUM Component A — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗

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Loan repayment estimate

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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

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Project · Published detail500 kW–2 MW decentralised grid-connected renewable plant on eligible land with DISCOM PPA.

This value is copied from KUSUM Component A — published terms. Check the table notes before relying on it.

Source: KUSUM Component A · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 8 rows · 2 columnsPM KUSUM Component A — published termsCurrent Indian Bank Component A renewable-power project terms.View tableHide table

Scroll sideways to view every column

PM KUSUM Component A — published terms
ParameterPublished detail
Project500 kW–2 MW decentralised grid-connected renewable plant on eligible land with DISCOM PPA.
QuantumMaximum 70% ; ₹10 crore cap.
Margin30% project cost.
RepaymentUp to 15 years including moratorium.
ProcessingUp to ₹25,000 nil; above 0.50% + .
SecurityLand/building mortgage, machinery and receivables hypothecation, PPA assignment, guarantees; up to ₹2 crore.
SubsidyNone under Component A.
RateRefer Lending Rates; no product percentage printed.
KUSUM Component A · Complete product criteria · accessed 31 Aug 2026Open official source ↗
Table 2 · 34 rows · 2 columnsInterest Rate for Agri ProductsView tableHide table

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Interest Rate for Agri Products
Product or amount bandInterest Rate / Range
Kisan Credit Card — up to ₹3 lakh; Animal Husbandry/Fisheries up to ₹2 lakh within overall ₹3 lakh7%
Kisan Credit Card — up to ₹3 lakh 1-year + 2.50%
Kisan Credit Card — above ₹3 lakh to ₹10 lakh 1-year + 2.75%
Kisan Credit Card — above ₹10 lakh and below ₹100 lakh 1-year + 3.00%
Animal Husbandry/Fisheries above ₹2 lakhCard rate linked to applies
Working Capital and Term Loan — up to ₹3 lakh 1-year + 2.50%
Working Capital and Term Loan — above ₹3 lakh to ₹10 lakh 1-year + 2.75%
Working Capital and Term Loan — above ₹10 lakh and below ₹100 lakh 1-year + 3.00%
Working Capital and Term Loan — ₹100 lakh and aboveBased on internal rating
IB Kisan Mitra Producers Loan — below ₹1 crore 1-year + 1.00%
IB Kisan Mitra Producers Loan — above ₹1 croreBased on internal rating
NRLM term loan/cash credit — balance up to ₹3 lakh7%
NRLM term loan/cash credit — above ₹3 lakh to ₹5 lakh1-year
NRLM term loan/cash credit — above ₹5 lakh1-year + applicable spread
Joint Liability Groups — term loan and working capital1-year + applicable spread
Agri Jewel Loan — limits up to ₹35 lakh1-year + applicable spread
Gold Plus / Marine Gold Plus — limits up to ₹25 lakh1-year + applicable spread
Food and Agro Processing — up to ₹2 lakh 1-year + 1.35%
Food and Agro Processing — above ₹2 lakh to ₹10 lakh 1-year + 2.00%
Food and Agro Processing — above ₹10 lakh to ₹100 lakh 1-year + 2.40%
Food and Agro Processing — above ₹100 lakh; accounts with coverage up to ₹2 croreBased on internal rating
IB Star Agro Mills — limits below ₹1 crore 1-year + 1.60%
IB Star Agro Mills — limits ₹1 crore and aboveBased on internal rating
IND Kisan Saur Shakti (-KUSUM) — up to ₹25 lakh 1-year + 1.65%
IND Kisan Saur Shakti (-KUSUM) — above ₹25 lakh to ₹1 crore 1-year + 1.90%
IND Kisan Saur Shakti (-KUSUM) — above ₹1 croreBased on internal rating
IND Krishi Infra Fund 1-year + 1.00%, subject to maximum 9.00%
IND Pashudhan Mitra () — accounts within ceilingsRepo + 4.70%
IND Pashudhan Mitra () — accounts outside ceilingsBased on internal rating
IND Micro Food Processing Enterprises (PMFME) — up to ₹2 lakh 1-year + 1.90%
IND Micro Food Processing Enterprises (PMFME) — above ₹2 lakh to ₹10 lakh 1-year + 1.90%
IND Micro Food Processing Enterprises (PMFME) — above ₹10 lakh and below ₹1 crore 1-year + 1.90%
IND Micro Food Processing Enterprises (PMFME) — above ₹1 crore; coverage up to ₹2 croreBased on internal rating
IND Krishi Vaahan12.00% fixed
  • The states these are general card rates; state, scheme, product and rating-specific rates may differ. Animal Husbandry/Fisheries above ₹2 lakh uses the -linked card rate.
Interest Rate for Agri Products and Interest Rate Range · Pages 1–2 · accessed 10 Sept 2026Open official source ↗
Table 3 · 4 rows · 5 columnsInterest Rate Range of Agricultural Loans Contracted/Sanctioned during Previous Quarter (March 2026)View tableHide table

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Interest Rate Range of Agricultural Loans Contracted/Sanctioned during Previous Quarter (March 2026)
Sl. No.SegmentMinimum (%)Maximum (%)Mean (%)
1Jewel Loan8.758.808.75
27.0011.7511.27
37.0013.759.58
4Investment Credit7.2515.209.08
  • This is a historical contracted/sanctioned range for March 2026, not a guaranteed quote for a new applicant.
Interest Rate for Agri Products and Interest Rate Range · Page 2 — Interest Rate Range · accessed 10 Sept 2026Open official source ↗
Table 4 · 13 rows · 4 columnsBenchmark rates effective 03.09.2026View tableHide table

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Benchmark rates effective 03.09.2026
Benchmark groupTenor / benchmarkExisting rate (%)Revised/current rate (%)
Overnight7.907.90
1 month8.208.20
3 months8.508.50
6 months8.758.75
1 year8.858.85
TBLR≤3 months5.305.25
TBLR>3 months and ≤6 months5.505.55
TBLR>6 months and ≤1 year5.655.70
TBLR>1 year and ≤3 years5.655.70
Base RateBase Rate9.55
Benchmark Prime Lending Rate13.80
Repo-linkedPolicy Repo Rate5.25
Repo-linkedRBLR7.95
  • The says the benchmark rates apply from 03.09.2026 until the next review. The current indicative all-in rates in the product facts are transparent arithmetic, not issuer quotes.
Benchmark Lending Rates wef 03.09.2026 · Page 1 — , TBLR, Base Rate, and repo-linked benchmarks · accessed 10 Sept 2026Open official source ↗

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