An agricultural loan is a financial product designed to support individuals and businesses involved in farming and agriculture. These loans help finance various agricultural activities, such as purchasing land, buying equipment, investing in seeds and fertilizers, and improving farm infrastructure. Agricultural loans may also offer flexible repayment schedules, considering the seasonal nature of farming income. Lenders typically provide different loan schemes for specific agricultural purposes, including crop loans, farm machinery loans, and loans for allied agricultural activities like dairy farming and fisheries.