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PNB Vehicle Loan for Farmers / Agriculturists

Finance for a new farm-use vehicle: up to ₹1 lakh for a two-wheeler, ₹3 lakh for a three-wheeler carrier or ₹15 lakh for a four-wheeler LMV. The sets vehicle-class-specific land, income, margin and repayment rules.

Maximum finance by vehicle classTwo-wheeler: up to ₹1 lakh; three-wheeler carrier: up to ₹3 lakh; four-wheeler LMV: up to ₹15 lakh. Each limit is need-based and subject to repayment capacity.Maximum repayment periodTwo-/three-wheeler: up to 60 months. New four-wheeler: up to 84 months.Facility typeNeed-based vehicle loan for new two-wheelers, three-wheelers (carriers) and four-wheelers/LMVs.
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Quick eligibility check

PNB Vehicle Loan for Farmers / Agriculturists

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: New or existing farmers engaged in agriculture/allied activities with branch-assessed repayment capacity?

Published source: Eligibility by vehicle class

2Do you meet this requirement: Two-wheelers require direct agriculture/allied engagement?

Published source: Eligibility by vehicle class

3Do you meet this requirement: Three/four-wheelers normally require more than 1 acre of land in the applicant's name and 2 years of satisfactory bank dealings?

Published source: Eligibility by vehicle class

4Does your annual income meet this requirement: For dairy, poultry, plantation, horticulture and other allied activities, the land threshold is waived if gross annual income is at least ₹2.50 lakh for a 3/4-wheeler?

Published source: Eligibility by vehicle class

5Do you meet this requirement: A branch may consider 1 acre where farm-produce transport use and economic viability are established?

Published source: Eligibility by vehicle class

6Document checkDo you have this required document or proof: PNB's general agriculture checklist lists an application, identity proof, residence proof, two recent photographs and land-record particulars; the vehicle sheet does not provide a complete vehicle-specific checklist?

Published source: General agriculture-credit checklist

7Document checkDo you have this required document or proof: PNB's general checklist lists a completed application, identity proof, residence proof, two recent photographs and land-record particulars?

Published source: General agriculture-credit checklist

8Document checkDo you have this required document or proof: The vehicle scheme sheet does not publish a complete vehicle-specific document checklist?

Published source: General agriculture-credit checklist
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 6 Oct 2026 · active
Offered byPunjab National Bank

See the official bank source for geographic availability.

Key facts

What the official sources publish

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

Facility typeNeed-based vehicle loan for new two-wheelers, three-wheelers (carriers) and four-wheelers/LMVs.View source
The source gives separate need-based class limits subject to repayment capacity.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Purpose and Extent of Loan
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Purpose and financed costsNew vehicles for farm supervision and marketing/transport of agricultural inputs, produce and labour. Loan cost includes the invoice price plus one-time insurance and one-time registration; accessories are excluded.View source
The included and excluded vehicle-cost components are stated explicitly in the scheme sheet.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Purpose (a–b)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Eligibility by vehicle classNew or existing farmers engaged in agriculture/allied activities with branch-assessed repayment capacity. Two-wheelers require direct agriculture/allied engagement. Three/four-wheelers normally require more than 1 acre of land in the applicant's name and 2 years of satisfactory bank dealings. For dairy, poultry, plantation, horticulture and other allied activities, the land threshold is waived if gross annual income is at least ₹2.50 lakh for a 3/4-wheeler. A branch may consider 1 acre where farm-produce transport use and economic viability are established.View source
Land, bank-history and minimum-income conditions differ by vehicle class and allied activity.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Eligibility (opening paragraph and clauses a–d)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Maximum finance by vehicle classTwo-wheeler: up to ₹1 lakh; three-wheeler carrier: up to ₹3 lakh; four-wheeler LMV: up to ₹15 lakh. Each limit is need-based and subject to repayment capacity.View source
The scheme states separate maximums of Rs 1,00,000, Rs 3.00 lakh and Rs 15.00 lakh.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Extent of Loan and Margin (a–c)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Conditional gross annual income ruleAt least ₹2.50 lakh gross annual income applies only to dairy, poultry, plantation, horticulture or other allied-activity applicants seeking a 3/4-wheeler under the landholding exemption; it is not a universal scheme threshold.View source
For specified allied applicants, minimum gross annual income is Rs 2.50 lakh for 3 and 4 wheeler; the ordinary land rule does not apply in that case.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Eligibility clause (c)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Margin10% for loans up to ₹10 lakh; 15% for loans above ₹10 lakh and up to ₹15 lakh.View source
The source gives separate 10% and 15% margin bands.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Margin
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Maximum repayment periodTwo-/three-wheeler: up to 60 months. New four-wheeler: up to 84 months.View source
Monthly, quarterly or half-yearly payment frequency is selected based on activity, income stream and cropping pattern.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Repayment Period (a–b)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗
Repayment frequencyMonthly, quarterly or half-yearly, fixed according to the borrower's activity, income stream and cropping pattern.View source
The source does not mandate one payment frequency for all borrowers.
Source
Scheme for Financing Vehicle for Farmers/Agriculturists
Page / section
p.1, Repayment Period clause (c)
Accessed
6 Oct 2026
Confidence
high
Open official source ↗

Benefits and features

  • The financed cost may include the vehicle invoice price plus one-time insurance and registration
  • Repayment frequency may be aligned to the borrower's activity, income stream and cropping pattern

Eligibility

  • Branch assesses repayment capacity using income from agriculture and/or allied activity.
  • Two-wheeler applicants must directly engage in agriculture/allied agriculture. Three/four-wheeler applicants normally need more than 1 acre in their name and 2 years of satisfactory bank dealings.
  • For dairy, poultry, plantation, horticulture and other allied applicants without the normal land threshold, the sets gross annual income of at least ₹2.50 lakh for 3/4-wheelers. Branch consideration at exactly 1 acre is discretionary and requires economic viability.

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

Documents the bank lists

  • PNB's general agriculture checklist lists an application, identity proof, residence proof, two recent photographs and land-record particulars; the vehicle sheet does not provide a complete vehicle-specific checklist.

Related official documents

PNB Agriculture Credit Schemes catalogueofficial-product-catalogue · current-catalogue-page · accessed 7 Oct 2026
↗
PNB Agricultural Banking — documents required for agriculture loanofficial-agriculture-banking-page · current · accessed 7 Oct 2026
↗
PNB General Guidelines for Agricultural Credit — current application, ACABC margin and security rulesofficial-general-guidelines-page · current-relevant-sections-reviewed · accessed 8 Oct 2026
↗
PNB Interest Rates on Advances — current agriculture and specific-scheme ratesofficial-rate-table · current · accessed 6 Oct 2026
↗
PNB Credit Related Service Charges — current pageofficial-service-charge-page · current-charge-schedule-reviewed-scoped-sections · accessed 8 Oct 2026
↗
Scheme for Financing Vehicle for Farmers/Agriculturistsofficial-scheme-pdf · linked-by-current-pnb-catalogue · accessed 6 Oct 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

Find the exact published value

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Use · Published termNew vehicle for farm supervision and farm-related marketing/transport of inputs, produce and labour.

This value is copied from PNB Vehicle Loan for Farmers — class-specific terms. Check the table notes before relying on it.

Source: Scheme for Financing Vehicle for Farmers/Agriculturists · p.1, all clauses Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 16 rows · 2 columnsPNB Vehicle Loan for Farmers — class-specific termsFull transcription of the one-page scheme sheet, with distinct eligibility, maximum finance, margin and repayment by vehicle class.View tableHide table

Scroll sideways to view every column

PNB Vehicle Loan for Farmers — class-specific terms
Section / casePublished term
UseNew vehicle for farm supervision and farm-related marketing/transport of inputs, produce and labour.
Eligible vehicle typesNew two-wheelers, three-wheelers (carriers) and four-wheelers/LMVs.
Vehicle amount included in loanInvoice price plus one-time insurance and one-time registration; accessories are excluded.
General applicant ruleNew or existing farmers in agriculture/allied activities; branch assesses repayment capacity from that activity's income.
Two-wheeler eligibilityApplicant must directly engage in agriculture or allied agriculture.
Three/four-wheeler eligibilityNormally more than 1 acre of agricultural land in applicant's name and 2 years of satisfactory dealings with the bank.
Allied-activity land exceptionDairy, poultry, plantation, horticulture or other allied applicants may be exempt from land threshold if gross annual income is at least ₹2.50 lakh for a 3/4-wheeler.
One-acre discretionBranch may consider 1 acre if farm-produce transport use is established and economic viability is ensured.
Two-wheeler maximumNeed-based, up to ₹1 lakh, subject to repayment capacity.
Three-wheeler maximumNeed-based, up to ₹3 lakh, subject to repayment capacity.
Four-wheeler maximumNeed-based, up to ₹15 lakh, subject to repayment capacity.
Margin up to ₹10 lakh10%.
Margin above ₹10 lakh to ₹15 lakh15%.
Two-/three-wheeler repaymentMaximum 60 months.
New four-wheeler repaymentMaximum 84 months.
Payment frequencyMonthly, quarterly or half-yearly, fixed by activity, income stream and cropping pattern.
Scheme for Financing Vehicle for Farmers/Agriculturists · p.1, all clauses · accessed 6 Oct 2026Open official source ↗
Table 2 · 5 rows · 2 columnsPNB agriculture-credit maximum application-disposal scheduleBank-wide maximum schedule by applied credit limit; not a guaranteed individual sanction date.View tableHide table

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PNB agriculture-credit maximum application-disposal schedule
Credit limitMaximum published time
Up to ₹2 lakh2 weeks
Above ₹2 lakh to ₹50 lakh4 weeks
Above ₹50 lakh to ₹1 crore5–6 weeks
Above ₹1 crore to ₹100 crore6–7 weeks
Above ₹100 crore8–9 weeks
  • The guidance is a maximum disposal schedule, not a promise that a specific loan will be sanctioned within that time.
PNB General Guidelines for Agricultural Credit · Section 1, Time Schedule for Disposal of Loan Applications · accessed 6 Oct 2026Open official source ↗
Table 3 · 5 rows · 2 columnsPNB general agriculture-credit document checklistGeneral agriculture page checklist; it is not complete scheme/entity-specific KYC.View tableHide table

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PNB general agriculture-credit document checklist
DocumentPublished checklist item
ApplicationDuly filled agriculture-credit application form.
IdentitySelf-attested identity proof.
ResidenceResidence proof.
PhotographsTwo recent applicant photographs.
LandLand-record particulars.
  • Scheme sheets add or may require scheme-specific and entity-specific documents; do not treat this list as exhaustive.
PNB Agricultural Banking — documents required for agriculture loan · Documents Required for Agriculture Loan · accessed 6 Oct 2026Open official source ↗

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