Important Announcement
Dairy Unit for up to 4 Animals

Eligibility

  • Applicant residing in the area of operation of the Branch. If outside the operation area, if he has valued connection, he should be residing in the vicinity of the area of operation & on milk route & within 20 km from branch.
     
  • For Animals more than 4, farmer having Agriculture land only should be considered.
     
  • For Cross Breed Cow, Applicant should be progressive & of good means to take care of cross breed cows which required special treatment.

Rate of Intrest

Repayment Period

  • Loan should be repaid during 5 years in monthly installment during lactation period staggered installments are suggested.

Proposal Processing Charge
 

  • NIL up to Loan amount of Rs. 25,000/-
     
  • Rs. 600/- for Loan amount above Rs. 25,001/- to Rs. 1,00,000/-
     
  • 1.50 % of Loan amount for Loan above Rs. 1,00,001/- to Rs. 5 Crore
  • 1.50 % of Loan amount for Loan above Rs. 5 Crore to Rs. 10 Crore.

Margin

  • No Margin in Govt. Sponsored loan as subsidy is available subsidy to be treated as margin.
     
  • Max 20% in other cases

Max & Min Loan:

  • N. A.

Moratorium

  • No Moratorium period.

Security

  • Hypothetical of animals for which applied for the Loan.