Dairy Loans

Beneficiary

Any Individual, Partnership Firm, Corporate body and any other Cooperative organization.

Purpose

To increase the income of milk producers by helping them to purchase High yielding cattle and establishing new units shed & other Equipment's

Loan Amount

Maximum amount up to RS. 50.00 Lakhs.

Margin

15%

Repayment Period

Maximum 9 Years including 2 years moratorium period in which only Interest is to be recovered. on monthly basis.

Collateral Security          

Mortgage of landed property value of 150% of loan amount which shall be calculated by mean value of collector. value & Market value.

Beneficiary

Members of Coop. Milk Producers Society/ PACS.

Purpose

Purchase of 2 to 10 Milch cattle.

Loan Limit

Maximum amount up to RS. 5.00 Lakhs @ RS. 0.50 lakh per animal

Margin

15%

Repayment Period

Maximum 5 Years including moratorium period of 3 Months.

Collateral Security          

Mortgage of landed property having value of 150% of loan amt., which shall be calculated by mean value of Govt. value & Market value.