Buffalo loan

[padyuman89]

Hello sir,
I want to start buffalo farm. Currently I have 7 buffaloes. I want to get loan. But i have some queries. Pls suggest me.
1. How many amount of loan pass on 3 acre land.

2. How to get loan from NABARD.

3. What is repayment opption.

4. Is bank give me loan for making shed.

Thanks
Pradyuman Jadeja

 

[gsyraj]

Loan options for Dairy Farm Setup.

I am also looking for loan to start up a dairy farm. we have 5 acrs land and wants to start with the capacity upto 5000 Ltrs. have some funds looking for bank or govt loans..

Hello sir,
I want to start buffalo farm. Currently I have 7 buffaloes. I want to get loan. But i have some queries. Pls suggest me.
1. How many amount of loan pass on 3 acre land.

2. How to get loan from NABARD.

3. What is repayment opption.

4. Is bank give me loan for making shed.

Thanks
Pradyuman Jadeja

 

[mikhail]

Hello , sir S.B.I Offers collateral free loan you please visit :: STATE BANK OF INDIA :: Safe Banking With SBI :: after site open click agricultural banking then select dairy plus scheme for financing dairy units you will get details about loan[/

DAIRY PLUS SCHEME FOR FINANCING DAIRY UNITS
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PURPOSE
For construction of shed, purchase of milch animals, milking machine, chaff cutter or any other equipment required for the purpose.

Who are eligible?

(1) Individual farmers who are members of the milk procuring societies or located on milk route

(2) They should be less than 65 years of age .

(3) Individual dairy unit having less than 10 animal - should own minimum 0.25 acre of land for every 5 animals for growing fodder and be in a position to procure the balance requirements locally.

(4) Individual dairy unit having 10 animals and above - should own or lease a minimum of one acre of land for cultivation of fodder for every 5 animals.

Other terms
• Animal purchase should be in 2 batches
• Only buffaloes producing more than 7 litres of milk per day and cows producing more than 8 litres of milk per day are financed

Animals in first and second lactation alone are eligible for finance

LOAN AMOUNT:

100% of the cost for loans upto Rs 50000/
90% of the cost for loans above Rs 50000/ with a maximum of Rs 5 lakhs as Term loan

WORKING CAPITAL: A working capital @ Rs.2500/- per animal per year may be Sanctioned for purchase of feed, fodder and medicine along with the term loan

Security
Hypothecation of assets created out of bank finance for loans upto Rs 1.00 lac .
For loans Over Rs.1 lac -Mortgage of landed property (or) third party guarantee
Worth for loan amount (or) group guarantee of other 2 dairy farmers.

How do you repay
The loan should be repaid in monthly installments’ over a period of 5 lactations.

How to apply for this loan
You may contact our nearest branch or talk to the marketing officers visiting your village .



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[happy kaneriya]

I am making 100 buffalo tabela you give me loan detail on 5 bigha