Dairy Loan
Target Group & Eligibility
- Individual farmers [including Self Help Groups (SHGs) and Joint Liability Groups (JLGs)], Corporates including Farmer producer companies of individual farmers, Partnership firms and Co-operatives of farmers directly engaged in Agriculture and Allied activities.
Types of facilities available
- Term Loan
- Cash Credit
Purpose
- Term Loan: For setting up of Dairy unit (Purchase of high yielding Milch Animals, Construction of Shed, Purchase of Equipments, Cultivation of Green Fodder, Initial Concentrate feed during first month of lactation).
- Cash Credit: To meet short term working capital requirements (Feed, labour, Veterinary aid etc.) under KCC Animal Husbandry model.
Quantum of finance / Assessment
- Term Loan: Based on Unit cost fixed by NABARD / individual project cost.
- Cash Credit: Limit to be arrived based on Scale of Finance fixed by DLTC.
- MUDRA: Term loan or Working capital up to maximum of Rs.10.00 lakhs.
Margin Norms
- For Limit up to Rs.1.60 Lakhs – NIL
- Limit above Rs.1.60 Lakhs – 15% to 25% of project cost.
- Under MUDRA: Shishu – Nil, Kishore – 10%, Tarun – 15%
Repayment Period
- Term Loan: Maximum 72 months including gestation period of 1 month. Wherever construction of shed is involved, maximum holiday period of 12 months.
- Loan amount repayable in Monthly / Quarterly installments.
- Cash Credit: The entire cash generated to be routed through Cash Credit account only.
Processing fee & other charges
Term Loan
- Upto Rs. 25000/- : NIL
- Above Rs. 25000 : 0.50% of the limit sanctioned
Working Capital:
- Upto Rs. 25000: NIL Above
- Rs. 25000/- up to Rs. 50 Lakh: Rs. 250 per lakh or part thereof Min. of Rs. 250
- Above Rs. 50 Lakh: Rs. 350 per lakh or part thereof.
*MCLR Rate available in Home page
( Last modified on May 12, 2021 at 11:05:49 AM )


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