Features & Benifits

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Provides finance to meet working capital requirement for procurement of day old chicks, purchase of feed, medicine, labour cost, power cost, veterinary expenses etc. till adequate income generation.*
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Loan is also available as Agricultural Medium Term Loan which is suitable for land development, fencing, construction of farm sheds, store house for  feed, labour/supervisor/manager quarters, purchase of equipments, transport vehicles etc.*
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Minimal paperwork 
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Hassle free processing 
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No hidden charges or heavy penalties
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Longer repayment period
*Terms and Conditions apply

Quantum of Finance

  • Minimum Loan amount is Rs. 1,50,000/- and minimum flock size should be 500 birds per batch.
  • Quantum of finance varies depending on the system of rearing. 

Other Terms & Conditions

Loan Amount 60% of the civil structures expenses as per project cost, 75% of the machineries and 75% of the working capital expenses can be financed under the scheme.
Period
  • Term Loan– up to 7 years 
  • Cash Credit– 12 months
Primary Security
  • Hypothecation of assets created out of bank finance.
  • Mortgage of developmental land and poultry shed and other infrastructure which are being constructed.
Collateral Security Mortgage of land with 10-20 % margin.  The land shall be residential/commercial property.

 

Interest Rates & Charges

Please visit the rates and charges page for details

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