Banner

TMB MINI DAIRY

Loan scheme designed in a way to cater to the needs of dairy farmers to establish a small dairy unit (Minimum one unit and Maximum five units – Unit Size 2 units)

  • One year MCLR plus
  • Business Strategy Spread – 0.75% plus
  • Risk Premium – 0.20% to 3.50% (Cress Model or Based on Rating)

Maximum upto Rs.10.00 lakh

  • Dairy loan will be considered under Kisan Credit Card for the following purposes as composite loan :
    • Purchase of good quality milch animals- Cows / Buffaloes.
    • Construction of Cattle Sheds.
    • Initial feed cost for a period of one month.
    • Insurance cost for the milch animals to be purchased.
Individuals / Farmer and Farmer groups engaged in Agriculture and / or Allied Activities.
  • Copies of land records including latest land tax paid receipt regarding land owned / leased as certificated by Revenue Authorities.
  • Proforma invoice for purchase of milch animals/ milking equipments.
  • Approved plan and estimate for construction of sheds / buildings from the competent authorities.
  • Valuation of Certificate of the land from our Bank Approved Panel Valuer whenever the landed property is obtained as security.
  • Other documents required for getting legal opinion such as all original sale/ purchase deeds including parent documents, Encumbrance Certificate (EC) for 32 years, search reports, etc.
  • Processing fee – 0.25% of the loan amount.
  • Documentation charge – Upto 25% - NIL

Hypothecation of assets created out of our Bank finance such as Milk animals, Equipments, buildings, etc.,

  • Upto Rs.1.60 lakh loan amount –NIL Margin
  • 15% for Small & Marginal farmers.
  • 25% - for others.

 

TMB COMMERCIAL DAIRY FARM

Financial assistance to set up a commercial dairy unit.

  • One year MCLR plus
  • Business Strategy Spread – 0.75% plus
  • Risk Premium – 0.20% to 3.50% (Cress Model or Based on Rating)

Maximum upto Rs.10.00 lakh & Maximum upto Rs.25.00 crore

  • Financial assistance under the scheme will be considered for the following components :
    • Construction of cattle shed, store room, milk room and labour quarters.
    • Purchase of high yielding good quality milch animals. Purchase of milking and other equipments.
    • Establishment of chilling and processing / Milk Products Plant.
    • Truck / Van (if necessary) for transporting milk and other products. Bulk Cooler Van.
    • Initial feed cost for a period of one month for the first batch of animals.
    • Cultivation expenses for raising green fodder.
    • Purchase of medicines, salary, wages and other overhead expenses.
  • Individual Farmers, Farmer groups, FPOs, Corporate Farmers, Partnership firms etc., engaged in Agriculture and / or Allied Activities.
  • For setting up of Commercial Dairy Farm, the minimum number of milch animals to be considered should be above 5 units. Unit size – 2 animals per unit.
  • Copies of land records including latest land tax paid receipt regarding land owned / leased as certificated by Revenue Authorities.
  • Proforma invoice for purchase of milch animals/ milking equipments.
  • Approved plan and estimate for construction of sheds / buildings from the competent authorities.
  • Valuation of Certificate of the land from our Bank Approved Panel Valuer whenever the landed property is obtained as security.
  • Other documents required for getting legal opinion.
  • Processing fee – 0.25% of the loan amount.
  • Documentation charge – Upto 25% - NIL

Hypothecation of assets created out of our Bank finance such as Milk animals, Equipments, buildings, etc.,

  • 15% for Small & Marginal farmers.
  • 25% - for others.