West Bengal Farm Machinery Bank 2026: Up to ₹8 Lakh Subsidy, Eligibility & How to Apply

At a glance

About the scheme

The Farm Machinery Bank (FMB) and Farm Machinery Hub (FMH) scheme is implemented by the Department of Agriculture, Government of West Bengal, under the Farm Mechanisation Umbrella Scheme. Designed to generate self-employment among rural youth while making expensive agricultural implements accessible to small and marginal farmers at nominal hiring charges, the initiative supports machinery hubs and primary processing units such as dal or oil mills. Beneficiaries procure approved machinery through bank loans, and the government credits a back-ended capital subsidy directly to the financing bank.

Benefits

• Subsidy of 80% of the Total Financial Outlay (TFO), capped at a maximum of ₹8,00,000.
• Minimum project outlay (TFO) set at ₹10,00,000, which includes machinery cost, open shed, AMC, and insurance.
• Maximum allowance for the open machinery shed is capped at 5% of TFO, and total ancillary expenses cannot exceed 10% of TFO.
• Back-ended subsidy transferred via Direct Benefit Transfer (DBT) directly into the beneficiary loan account or subsidy reserve fund at the financing bank.
• Enables purchase of modern agricultural implements, primary processing machinery (dal mill, oil mill, grinding machinery), and seed processing units.

Who can apply (eligibility)

• Applicant must be an individual rural youth entrepreneur registered under the Krishak Bandhu (New) Scheme, OR a government-recognised group (SKUS, PACS, FPO, FPC, FIG, SHG, or LAMPS).
• Applicant groups must have been successfully running for at least 1 year.
• The applicant must be at least 18 years old at the time of application.
• Minimum project cost or Total Financial Outlay (TFO) must be ₹10,00,000.
• Applicant must possess sufficient land (owned, leased, or hired) falling strictly under the commercial, bastu, or viti land classification.
• Applicant must deposit a minimum margin money of 25% of the TFO with the financing bank.
• The project location must be within West Bengal (applicable across all districts except Kolkata).

Who cannot apply

• Individuals or their spouses who have availed benefits under FSSM, OTA-SFI, FMB, or CHC within the last 4 years from the date of the last subsidy release.
• Current or retired employees of the State Government, statutory bodies, government undertakings, Panchayats, municipal corporations, local bodies, or government-aided educational institutions.
• Projects located within Kolkata district.

Documents required

• Properly filled in proforma application form.
• Voter ID card (EPIC) as proof of citizenship.
• Krishak Bandhu ID number.
• Copy of Aadhaar card.
• PAN card.
• Proof of financial solvency (such as self-authenticated bank statement of the last six months).
• Land documents: Title Deed, Record of Rights (ROR), Lease Certificate, or Rent Receipt showing commercial, bastu, or viti classification.
• Detailed Project Report (DPR) for Agriculture Infrastructure Fund (AIF), if applicable.
• Machinery quotations from approved manufacturers or dealers.
• Vetted plan and estimate for open shed construction.
• Board resolution authorising the signatory (for groups and organisations).

How to apply

1. 1Visit the official West Bengal Farm Mechanisation portal (wbfms.matirkatha.net) and select 'New Registration'.
2. 2Enter personal details, Krishak Bandhu information, and voter credentials to complete the registration process.
3. 3Log in using your Voter Card number, password, and active agricultural season.
4. 4Complete the online application form by selecting the desired machinery and uploading required project details.
5. 5Review all entered information carefully and submit the application (note down the generated serial number).
6. 6Print out the submitted online form along with the acknowledgement receipt.
7. 7Submit the physical copy along with passport-sized photographs and self-attested documents to the office of the Deputy Director of Agriculture (Administration) of your district within the stipulated deadline.

Frequently asked questions