To establish small dairy unit with 2 to 4 milch cattle.
To establish new medium /large unit.
Collection, processing ,distribution of milk & manufacturing of milk products.
Purchase of improved/crossbreed milch cattle.
Construction of cattle shad.
Eligibility
Farmer, Agriculture labours, Registered partnership firm, limited companies, dairy co-operative societies, SHGs.(For Commercial Dairy, submission of project report is necessary)
Quantum of finance
As per unit cost approved by NABARD / Project Cost
Security
Loan upto Rs. 100,000/-
Hypothecation of live stocks etc.
Loans above Rs. 100,000 /-
Hypothecation of live stocks
Mortgage of land OR declaration as per agril. credit act OR collateral security of adequate worth.
Third party guarantee if stipulated.
Margin
Loan upto Rs. 100,000 /-
NIL
Loan above Rs. 100,000/-
15% to 25%
Rate of Interest
As per interest rate decided by the Bank from time to time.
Repayment
To be repaid within 5 to 6 years with 2 to 3 months moratorium period.
