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IND KISAN SAUR SHAKTHI — KUSUM Components B&C

Term finance for -KUSUM solar pumps, with government assistance, farmer contribution and collateral concessions for smaller limits.

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 amountNo universal rupee maximum is published; bank finance covers the farmer contribution after government assistance, normally 30% of project cost.TenureMaximum five years.
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Quick eligibility check

IND KISAN SAUR SHAKTHI — KUSUM Components B&C

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.

1Are you this type of customer: eligible farmer/entity status and PM-KUSUM sanction apply?

Published source: Minimum income

2Do you meet this requirement: Individual/group farmers, cooperatives, panchayats, FPOs, WUAs, sole proprietors and partnerships installing PM-KUSUM solar pumps?

Published source: Eligibility

3Are you this type of customer: government assistance and farmer-share rules vary by territory?

Published source: Eligibility

4Are you this type of customer: PM-KUSUM/state sanction, solar-pump quotation, farmer/entity KYC and land/activity records, subsidy and loan application, hypothecation and guarantee records?

Published source: Required documents

5Do you meet this requirement: Farmers, groups, cooperatives, panchayats, FPOs and WUAs may install solar pumps under PM-KUSUM Components B&C?

6Document checkDo you have this required document or proof: PM-KUSUM/state sanction and project quotation?

Published source: Required documents

7Document checkDo you have this required document or proof: Farmer/entity KYC and land/activity records?

Published source: Required documents

8Document checkDo you have this required document or proof: Solar-pump and installation documents?

Published source: Required documents

9Document checkDo you have this required document or proof: Margin and loan application?

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 PM-KUSUM solar-pump projects.View source
The official table lists term loan.
Source
KUSUM Components B&C
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; eligible farmer/entity status and PM-KUSUM sanction apply.View source
The page sets farmer/entity and subsidy conditions rather than income.
Source
KUSUM B&C eligibility review
Page / section
Target Group; Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo universal rupee maximum is published; bank finance covers the farmer contribution after government assistance, normally 30% of project cost.View source
The official objective allocates 60% government assistance, 30% bank loan and 10% farmer contribution.
Source
KUSUM B&C quantum
Page / section
Objective
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum five years.View source
The official table publishes five years.
Source
KUSUM B&C repayment
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeUp to ₹25,000: nil; above ₹25,000: as per the agriculture service-charge circular.View source
The official table publishes the nil band and circular reference.
Source
KUSUM B&C fee
Page / section
Processing Charge
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityIndividual/group farmers, cooperatives, panchayats, FPOs, WUAs, sole proprietors and partnerships installing PM-KUSUM solar pumps; government assistance and farmer-share rules vary by territory.View source
The official target and subsidy rows define eligible entities and regional assistance.
Source
KUSUM B&C eligibility
Page / section
Target Group; Subsidy/Grant
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsPM-KUSUM/state sanction, solar-pump quotation, farmer/entity KYC and land/activity records, subsidy and loan application, hypothecation and guarantee records.View source
The official criteria require scheme, project, borrower and security evidence.
Source
KUSUM B&C documentation
Page / section
Target Group; Security; Subsidy
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Government assistance covers 60% and bank loan can cover 30% of project cost
  • Farmer contribution normally 10%
  • Minimum 10% margin
  • Maximum five-year repayment
  • No collateral up to ₹1.60 lakh; processing charge nil up to ₹25,000

Eligibility

  • Farmers, groups, cooperatives, panchayats, and WUAs may install solar pumps under -KUSUM Components B&C.
  • is 30% of benchmark/tender cost for stand-alone pumps and 50% in specified north-eastern and hill territories; state subsidy is 30%, with beneficiary share adjusted accordingly.

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

Documents the bank lists

  • -KUSUM/state sanction and project quotation
  • Farmer/entity and land/activity records
  • Solar-pump and installation documents
  • Margin and loan application
  • Hypothecation, guarantee and subsidy 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 Components B&C — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗

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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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Target group · Published detailFarmers, groups, cooperatives, panchayats, and WUAs; sole proprietors/partnerships also listed.

This value is copied from KUSUM Components B&C — published terms. Check the table notes before relying on it.

Source: KUSUM Components B&C · 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 · 7 rows · 2 columnsPM KUSUM Components B&C — published termsCurrent Indian Bank solar-pump finance and assistance terms.View tableHide table

Scroll sideways to view every column

PM KUSUM Components B&C — published terms
ParameterPublished detail
Target groupFarmers, groups, cooperatives, panchayats, and WUAs; sole proprietors/partnerships also listed.
AssistanceNormally government 60%, bank loan 30%, farmer 10%; specified territories have 50%, state subsidy 30% and beneficiary 20%.
MarginMinimum 10%.
RepaymentMaximum five years.
ProcessingUp to ₹25,000 nil; above as agriculture service-charge circular.
SecurityHypothecation; no collateral up to ₹1.60 lakh; 1.20 minimum security coverage; guarantee as required.
RateRefer Lending Rates; no product percentage printed.
KUSUM Components B&C · 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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