For Indian entrepreneurs and CAs preparing a bank loan application for polyhouse farming under NABARD's scheme, a professional project report is the cornerstone of approval. This page delivers a ready-to-use format tailored to NIC 01133 (Growing of vegetables, melons, roots and tubers) with project costs ranging from ₹10 lakh to ₹1 crore. A bank-ready report must include CMA (Credit Monitoring Arrangement) data, DSCR (Debt Service Coverage Ratio) of at least 1.25, and 5-year financial projections covering profit/loss, balance sheet, and cash flow. NABARD refinances banks under the Rural Infrastructure Development Fund (RIDF) for polyhouse projects, enabling up to 40% capital subsidy for general category and 55% for SC/ST entrepreneurs. Our template ensures compliance with NABARD's technical standards (e.g., naturally ventilated polyhouse with 200-600 sqm area per unit) and includes detailed cost estimates for structure, drip irrigation, planting material, and operational costs. Whether you're in Maharashtra, Karnataka, or Uttar Pradesh, this report adapts to state-level subsidy variations and bank-specific requirements.
NABARD's polyhouse subsidy is available to individual farmers, groups, FPOs, and entrepreneurs under the RIDF. Key eligibility: land ownership or long-term lease (minimum 10 years), minimum plot size of 0.1 hectare (1,000 sqm) for a 500 sqm polyhouse, and a viable water source (borewell or drip irrigation). The project must be technically feasible with a bankable DSCR above 1.25. For subsidy, the applicant must not have availed similar subsidy from any other scheme in the last 5 years. Priority is given to SC/ST, women, and small/marginal farmers. Banks require a credit score of 650+ and no default history. The scheme covers naturally ventilated polyhouses (fan and pad systems for high-value crops like capsicum, tomato, and exotic vegetables).
A typical 500 sqm polyhouse project costs ₹15-20 lakh (excluding land). For a ₹20 lakh project: subsidy (40% general) = ₹8 lakh; bank loan = ₹10 lakh; promoter contribution = ₹2 lakh (10%). For SC/ST, subsidy is 55% (₹11 lakh), loan ₹7 lakh, contribution ₹2 lakh. Cost breakup: polyhouse structure (₹600-800 per sqm), drip irrigation (₹1.5-2 lakh), planting material (₹1-1.5 lakh), labour & operational costs for 2 years (₹3-5 lakh). Bank loan repayment: 7 years at 9-11% interest with 6-month moratorium. NABARD refinances 90% of the loan amount to banks at 4-5% interest. The project must generate annual net profit of ₹3-5 lakh after interest and depreciation. CMA data includes current ratio >1.5, debt-equity ratio <3:1, and fixed asset coverage ratio >1.25.
Essential documents: 1) Land documents (title deed, 7/12 extract, encumbrance certificate). 2) Identity proof (Aadhaar, PAN). 3) Project report with CMA data, 5-year projections, and DSCR calculation. 4) Quotations from NABARD-empaneled suppliers for polyhouse structure and drip system. 5) Water availability certificate from agriculture department. 6) Subsidy application form (Annexure I of RIDF guidelines). 7) Bank statement of last 6 months. 8) No-objection certificate from local panchayat. 9) For subsidy: caste certificate (if SC/ST), and undertaking for non-availment of other subsidy. 10) Technical feasibility report from state horticulture department. Banks may also ask for a credit report from CIBIL or CRIF. Ensure all documents are self-attested and notarized where required.
Every report is formatted to the exact standards required by Indian banks and government departments.
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NABARD format + polyhouse farming economics combined correctly.
Subsidy/margin money for NABARD auto-computed.
Project cost ₹10 Lakh–1 Cr, NIC 01133.
CMA, DSCR ≥ 1.50, 5-year projections.
Editable; Word + Excel exports; first report free.
Yes — NABARD (agri capital subsidy) is commonly used for polyhouse farming. The report is formatted to NABARD requirements with subsidy/margin money shown.
agri capital subsidy — computed automatically in the means-of-finance and subsidy sections.
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General category: 40% of project cost (capped at ₹8 lakh for 500 sqm). SC/ST: 55% (capped at ₹11 lakh). For larger projects (up to 1 crore), the subsidy percentage remains same but absolute cap may vary by state; e.g., Maharashtra offers up to ₹20 lakh for 1,000 sqm. Subsidy is released directly to the bank account after project completion and verification.
Yes, many banks offer term loans under NABARD refinance without subsidy, but the interest rate may be higher (12-14% vs 9-11% with subsidy). Without subsidy, the loan amount is higher, increasing DSCR requirement. It's advisable to apply for subsidy simultaneously; the process takes 3-6 months. Private banks may not offer subsidy-linked loans, so approach nationalized banks like SBI, NABARD, or cooperative banks.
Typically 2-4 months from application to disbursement. The bank first appraises the project report (2 weeks), then submits to NABARD for subsidy approval (4-6 weeks). After sanction, the bank releases funds in stages: 50% for structure, 30% for irrigation, 20% for planting. Ensure all documents are complete to avoid delays. Post-construction, subsidy is claimed within 30 days.
High-value crops: colored capsicum (₹80-120/kg), cherry tomatoes (₹60-100/kg), exotic vegetables like broccoli and lettuce (₹100-150/kg), and flowers like gerbera and rose. For 500 sqm, annual revenue of ₹8-12 lakh is achievable with proper management. Use drip fertigation and integrated pest management. Crop rotation (e.g., capsicum followed by cucumber) ensures year-round income.