All Grants Central Scheme
Soft LoanClosed

NABARD RIF

NABARD Rural Innovation Fund

This scheme is closed: NABARD states the Rural Innovation Fund ceased on completion of its tenure on 30 September 2014. NABARD now supports agri innovations through the Farm Sector Promotion Fund (nabard.org/content.aspx?id=649). Check the official page for any reopening.

Last checked 11 Oct 2026 against the official scheme page. Terms and dates can change, so confirm on the official site before you apply.

Up to Rs 50 lakh (grant plus loan)

Funding available

NABARD supports innovative rural enterprises working in agriculture, allied sectors, and rural infrastructure. Provides low-interest loans and grants to startups solving real rural India problems.

Eligibility Criteria

NGOs, cooperatives, farmer producer organisations, and tech startups working in rural areas. Innovations must address agriculture, dairy, fisheries, rural finance, or rural infrastructure. Women-led enterprises get preference.

What You Get

  • Grant component up to Rs 5 lakh
  • Soft loan at below-market interest rates
  • NABARD network of rural banks for distribution
  • FPO linkage and farmer network access
  • Rural infrastructure pilot support

Apply on the official government portal

Apply Now

Quick Facts

Governing Body
National Bank for Agriculture and Rural Development
Ministry / Dept
NABARD
Level
Central Government
Status
Check official site

Startup Stage

IdeationValidationEarly Revenue

Target Sectors

AgriTechRural FinanceDairyFisheriesSocial ImpactRural Infrastructure