BankCentral (NABARD) Verified 2025-11-09

NABARD Refinance Schemes (Agriculture/Rural MSMEs)

NABARD provides refinance support to commercial, regional rural, and cooperative banks for lending to rural MSMEs, leading to lower interest rates for the end borrower (PPP model with banks).

Maximum benefit value

₹0

Eligibility

  • MSMEs engaged in agriculture value chain, rural non-farm sector, or Farmer Producer Organizations (FPOs)
  • Loan must be sanctioned by an authorized bank/MFI

How to apply

MSME applies to the Primary Lending Institution (PLI), which then seeks refinance from NABARD.

Required documents

  • Loan application documents (as required by bank)
  • Proof of rural location/agri-activity

Official sources

Verification notes

Indirect subsidy via reduced interest cost.