Agriculture Infrastructure Fund (AIF)
Video Explanation & Insights
Agriculture Infrastructure Fund
The Agriculture Infrastructure Fund (AIF) provides medium-to-long term debt financing facilities for investment in viable projects for post-harvest management infrastructure and community farming assets.
Under the scheme, loans are provided with an interest subvention of 3% per annum and credit guarantee coverage under the CGTMSE scheme for loans up to ₹2 crore.
Financial Support & Interest Subvention
All loans under this financing facility have an interest subvention of 3% per annum up to a limit of ₹2 crore. This subvention is available for a maximum period of 7 years.
Credit guarantee coverage is available for eligible borrowers under the CGTMSE scheme for loans up to ₹2 crore. The fee for this coverage is paid by the Government.
Moratorium for repayment under this scheme may vary of minimum 6 months and maximum 2 years.
How to Apply
Register as a beneficiary on the official AIF online portal.
Upload the detailed project report (DPR) and submit the project proposal details.
Select the lending bank. The bank will appraise the project and approve the loan.
Track loan disbursement and claim interest subvention on the portal.