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.
1.Charge (hypothecation) on cattle by the Bank & Assets created with Bank Finance
2.Mortage the 100% of the land of the loan amount.
Repayment: Loan shall be repaid in 7 years in 78 monthly installments with a moratorium period of 6 months.