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  Dairy Development

 

Objective

The main purpose of the this scheme is to purchase high quality breed cattle with more yielding capacity. It also aims to purchase the modern machinery for diary development and improve the profitability.

Eligibility

All the Farmers (Kisans) with good Track Record with Bank and with the experience in dairy field.

Loan Limit

Loan amount is decided according to the units of the Dairy.

Security

1.Charge (hypothecation) on cattle  by the Bank & Assets created with Bank Finance
2.Mortage the 100% of the land of the loan amount.

Interest

12.25%

Repayment

 Loan shall be repaid in 7 years in 78 monthly installments with a moratorium period of 6 months.

 

                                                                                        

 
 
 
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 Agriculture Debt Waiver

 

The List of Debt Waiver customers of Malwa Gramin Bank.
               
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