Agricultural Loans

Agricultural loans are availed by a farmer to fund seasonal agricultural operations or related activities like animal farming, or purchase of land or agricultural tools. Seasonal agricultural operations include routine activities like preparing and plowing land for sowing, weeding, and transplantation where necessary, buying inputs such as fertilizers, seeds, insecticides, etc. and engaging labor for cultivating and harvesting the crops.
In addition purchasing of land or purchasing of agricultural tools, storage of produce, and transport also are included under the purview of agricultural loans.