Farmers who have entered into a contract with the companies undertaking broiler production through contract farming. You should have a source of potable water for running the poultry and should have experience in poultry farming. At present the scheme is operative in the States of Chennai, Hyderabad, Karnataka and Kolkata.
Loan Amount :- Up to Rs.3 lacs for every 5000 bird planned to be reared. A maximum loan will be Rs. 15 lacs.
- Up to Rs. 50,000 – 100 % finance is given.
- Above Rs. 50,000 - 85% finance is given.
- upto Rs. 50,000
- Hypothecation of assets created by the Bank's finance.
- Above Rs. 50,000
- Hypothecation of assets created by the Bank's finance.
- Equitable or Registered Mortgage of land on which the poultry shed and other infrastructure is available or proposed to be constructed to cover at least 50 % of the value of the advance.
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