The Farm Irrigation Scheme is a loan facility provided by Union Bank of India to farmers for the installation of irrigation systems on their farmland. The scheme aims to help farmers improve their crop yields and income by providing access to reliable water sources.

The Farm Irrigation Scheme funds a wide range of irrigation systems, including drip irrigation, sprinkler irrigation, and micro-irrigation systems, among others. The bank evaluates each farmer's needs and suggests the most suitable irrigation system for their farmland.

Any farmer who owns cultivable land and is engaged in agricultural activities can apply for the Farm Irrigation Scheme. The farmer must have a good credit history and a viable business plan to ensure the timely repayment of the loan.

The loan amount depends on the farmer's requirements and repayment capacity, as assessed by the bank. The loan amount can range from a few thousand to several lakhs.

The interest rate for loans under the Farm Irrigation Scheme is competitive and varies from time to time. The bank offers interest rates that are lower than the prevailing market rates.

The repayment period for loans under the Farm Irrigation Scheme can maximum 9 years, depending on the loan amount and the farmer's repayment capacity.

The documents required to apply for a loan under the Farm Irrigation Scheme include the farmer's identity proof, address proof, income proof, land documents, irrigation plan, and bank statements.

Yes, a farmer can avail other banking facilities such as savings accounts, current accounts, and other credit facilities offered by Union Bank of India.

The contact information for Union Bank of India's Farm Irrigation Scheme is available on the bank's website, or a farmer can visit the nearest Union Bank of India branch for more information.