Wikiprocedure > India > Maharashtra

Maharashtra - Apply for Agricultural Pledge Loan

From Wikiprocedure
Jump to: navigation, search



Apply In-Person:

  1. To avail pledge loan, the eligible farmers must contact the respective district agricultural marketing department office as applicable.
  2. Contact Link1 please select the respective district from the drop down list against “Select District:” and “Select APMC:” accordingly for contact details AND the local panchayat office can be consulted for information about the pledge loan: Panchayat contact link in the given page please select the hyperlink against the respective state as per requirement for contact details.
  3. Please visit the respective office and consult with the authority about the pledging process. The authorities will provide contact details of the godowns of regulated by market committee, Warehouse that are accredited/approved for storing and collateral management service providers. Also, the authorities will provide the list of institutions or banks that offer the pledge loan facility.
  4. The farmers can store their agricultural commodity/produce in the godowns of market committee as applicable or in the warehouse that are accredited/approved for storing / collateral management service providers as appropriate.
  5. The farmer shall visit the respective storing facility and follow the guidelines of the authorities at the godowns/warehouse.
  6. The farmer will be provided with the warehouse receipt. The warehouse receipt will have complete details of the commodity, including commodity type, quantity and other details that are mandatory for the pledge loan.
  7. Based on the warehouse receipt, the banks are extending pledge loans.
  8. The farmer shall visit the applicable bank / institution and produce the warehouse receipt to the concerned authority.
  9. The authority will evaluate the warehouse receipt and provides the application form.
  10. Please complete the application form and submit it to the receiving authority along with the required documents that provided under “Limit Set-up Stage Documents” in the “Required Documents” section of this page.
  11. The authorities will verify the details and the documents to approve the pledge loan limit.
  12. Once the loan is sanctioned as per the limit, the farmer need to submit the documents mentioned under “Disbursement Documents” in the “Required Documents” section of this page.
  13. On the basis of above steps, the pledge loan amount will be disbursed as per applicable norms. The amount will be credited to the farmer's account.
  14. The amount will be credited to the bank account of the applicant/farmer in case the applicant/farmer is having account with the same bank, or it will be disbursed by demand draft.
  15. There is no fee charged. The farmers need to pay the interest as fixed by the state agencies.
  16. The whole process can be completed within 2 to 3 days.

Note :
  • Market committee may constitute officials from the Departments of Agriculture, Horticulture, Animal Husbandry, Marketing, Rural Development Cooperation, Fisheries / Poultry and Allied fields not exceeding five Members headed by an officer as nominated by the Government / Administration.


Required Documents[edit]

  • Farmer card if available
  • Aadhaar card
  • Voter ID
  • Letter head

Limit Set-up Stage Documents

  • Application form
  • Copy of warehouse receipt
  • Residence proof of the applicant (ration card / Passport / Aadhaar card / Driving licence)
  • Identity proof of the applicant (ration card / Passport / Aadhaar card / Driving licence)
  • Proof for signature verification
  • PAN card (individual / partnership firm / company / proprietor as appropriate)
  • Proof of address of the institution / organization.
  • Details of the Registration Documents of the Company / Partnership Firm / Non-Governmental organizations / Co-operative Society / Government Organization
  • Partnership deed if it is partnership firm
  • Income tax return
  • Proof of dealing in commodities

Disbursement Documents

  • Disbursement request
  • Original warehouse receipt
  • Execution of disbursement document
  • Delivery order (for government warehouses)

  • Apart from the above documents, the authorities may ask for additional information or documents. Please provide them for processing.

Office Locations & Contacts[edit]

Maharashtra State Agricultural Marketing Board,
Plot No. R-7, Market Yard, Gultekadi, Pune 411 037.
Phone: 020 24528100 / 020 24528200 / 020 24528299
Email: [email protected]
Contact Link

Directorate of marketing and inspection (DMI),
Room No.247- C, Krishi Bhawan, New Delhi-110001.
Phone-011-23384280, 23386849
E-mail: [email protected]
Contact Link



  • The farmer should be a citizen of India and resident of the respective state.
  • Those who are 18 years and above are eligible to apply.
  • A farmer, a sole proprietor, a company registered under the Companies Act, a partnership firm registered under the Indian Partnership Act, a Government agency, and a co-operative society registered.
  • Only the producer farmers are eligible for the pledge loan. Traders are not eligible under this scheme.
  • The advances (pledge loan) are limited to 50 to 75 % (or the percentage fixed by the respective agency based on the commodity) of the value of agricultural produce pledged subject to a ceiling of Rs.1,00,000/- (or the amount fixed by the respective state agency) per farmer


  • There is no fee charged. The farmers need to pay the interest as fixed by the state agencies.
  • For the first 180 days, interest will be charged @6%.
  • In the following link, please refer to the page number 12 for more details Link


  • The period of advance (pledge loan) will be for 180 days (or the days fixed by the respective state agencies) from the date of pledging of the produce.
  • The maximum period of the pledge can be 270 days or the days as decided by the respective state agencies. Please follow the authorities guidelines for further details on validity.

Documents to Use[edit]

Please attach documents that can be used by people. e.g. links


Sample Documents[edit]

Please attach sample completed documents that would help other people.

Processing Time[edit]

  • The whole process can be completed within 2 to 3 days.

Related Videos[edit]

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&>
from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url '' Video ID is 'Y0US7oR_t3M'.



  • The cost of produce is determined by the market price of the day or the rate announced by the government on that particular day, whichever is less.
  • Do not submit fake documents as a proof to avail the facility.
  • Avoid spelling mistakes while providing details.

Required Information[edit]

  • Name of the applicant
  • If the applicant is a firm or company then name of the firm
  • Address of the applicant or firm
  • Age of the applicant
  • Gender
  • Marital status
  • father’s name
  • Religion
  • Farmer card number
  • Caste
  • Commodity
  • Period of pledge
  • Warehouse receipt number
  • Address of the organization
  • Names and addresses of the directors and partners, etc…
  • Details of agricultural produce coming under the contract.
  • Email ID
  • Phone number
  • Schedule of agricultural produce along with price
  • GST Number
  • PAN Number
  • Aadhaar number


Need for the Document[edit]

  • The harvesting season for a particular commodity tends to the huge arrival of the particular commodity to the market. When there is a huge supply, the market price of the commodity falls. The farmers do not have the capacity to hold their stocks, so they have to sell their produce at a very meagre rate in the market.
  • To facilitate the farmers in such crisis, the pledge finance schemes being implemented by the respective state agricultural marketing departments/ boards, state and central warehousing corporations and collateral management service providers in various states.
  • Under the pledge loan scheme, the farmer keeps their produce in the warehouse / godowns as applicable and gets the loan (as fixed by the respective agencies). As the prices of the commodity rise in the market, the farmer sells their produce in the market and repays their loan and thus fetches higher price for their produce.

Information which might help[edit]

  • The farmers can’t remove or sell the stocks from the storage (warehouse/godowns) without the prior approval of the concerned agricultural market committee.
  • Please visit the applicant’s nearest farmer or agricultural department office to know more details.
  • The commodities for which pledge loan can be availed includes, Soya bean, Tur, Moong, Udid, Paddy, Sunflower, Turmeric, Gram, Jawar, Bajra, Maize, Wheat, Rajma, Cashew Nuts, Betel Nuts etc.

Other uses of the Document/Certificate[edit]

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links[edit]

  • Please use the following link for additional information Link1 AND Link2


More information which might help people.