Loan for dairy farming:- Type of loan- Long Duration with working capital Eligible candidates:-Small, medium & marginal farmers, personal
applicant, big Organizations.
For getting loan for dairy farming, the required project report should be economical & technically viable.
Purpose of loan- Dairy farm, shed construction & rearing of animals Amount for loan- as recommended by NABARD. Repayment- 5-7 years (6 month extension), trimester or half yearly
Interest- According to rules of banks (Trimester or half yearly interest). Margin- 15-25% Mortgage :1. If the amount of loan is more than 50,000/- , then required guarantee of two
eligible guarantee’s. guarantee’s. 2. Mortgage of invested property as like animal shed, animals, ani mals, equipments, machineries), Land & shed.
Documents required for loan for dairy farming: 7/12 report, 8A & 6D report, Pherphar report of applicant & guarantees
No objection certificate certificate of Talathi, Gram Gramsevak, sevak, Sarpanch, Cooperative Cooperative
organisation, nationalised, Cooperative & other financial institute. Quotation of shed construction, Equipments, Machinery.
Training certificate of dairy farm management. management. All documents related to land required for mortgage. Project report for dairy having estimation of 5 years plan. Under taking of electricity board for supplying Two photos, Xerox of ration card & pan card of applicant & Guarantee.
The norms for sanctioning loan by banks are governed by NABARD & RBI.