Specialized loan product to cater to the needs of Poultry broiler production units engaged by Individual Farmers, Farmer groups or corporate farmers.
Maximum upto Rs.25.00 crore
- Financial assistance to be extended for Layer farming may comprise the following :
- Construction of Poultry shed, feed store room including electrical fittings.
- Purchase of Poultry equipments (requirements will be assessed based on the system of rearing).
- Feed Plant (wherever feed is self - manufactured).
- Purchase of Chicks, Feed and Medicines.
- Purchase of transport vehicles for transporting inputs like feed, medicine, etc and transporting grown birds to markets.
- Meeting other expenses such as salary, wages and other overhead expenses.
- Individuals Farmers, Farmers groups, Corporate farmers, etc.,
Margin :-
- 15% for Small & Marginal farmers.
- 25% - for others.
Security :-
- Hypothecation of assets created out of our Bank finance such as Birds, Equipments, buildings, etc.,
Interest :
Fees And Charges :
- Processing fee – 0.25% of the loan amount.
- Documentation charge – Upto 25% - NIL