Financing Commercial Dairy Farms

Financing Commercial Dairy Farms

Features & Benefits

We provide finance for starting a new dairy farm or expanding an existing dairy farm. The facility can be availed as term loan (for purchase of milch animals/ equipments/ utensils/ vehicles/ feed/ milk vans/ refrigerator etc., Construction/ renovation/ expansion of cattle shed) or cash credit (for growing green fodder, Working capital requirements of the farm).

 

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Quick loan processing
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Loan amount up to 75% of project cost
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Minimal paperwork
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Longer repayment period up to 7 years for term loans

How to Apply?

Who can apply?

 
Individual farmers, Group of individual farmers, Proprietorship concerns, Partnership firms, Companies, Co-operatives etc.
 

How to avail the loan?

 
To avail the loan, you can choose any of these:
  • Call our contact centre executives
  • Please visit any of our branches

Terms and Conditions

Loan Amount

 
  • 75% of total project cost.
  • However for construction of shed – 60 %
 
 

Primary Security

 
  • Hypothecation of animals/assets
  • Mortgage of developmental land where cattle shed and other infrastructures are constructed – in case the loan component for immovable investment is more than Rs. 10,000/-

 

Collateral Security

  • EM of land where the loan amount exceeds Rs. 1.60 L

 

Interest Rates and Charges

Please visit the Interest Rates page for details

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