Documents Required For Loan For Dairy

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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







instalment

  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

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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

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owned land.

  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. 

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  The norms for sanctioning loan by banks are governed by NABARD & RBI.  



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DR.D.P.Bhoite

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