Dairy Plus Scheme

Purpose :

• Purchase of milch cattle.
• Milking Machine.
• Construction of shed
• Chaff cutter and other equipments

Who is eligible for Dairy Plus loan :

• Farmers who are member of milk procuring societies or located on milk route.
• Owners of small dairy with less than 10 milch animals –and owning a minimum of 0.25 acres for every 5 animals.
• Large dairy units with 10 milch animals and more owning a minimum of 1 acre of land for cultivation of fodder for every 5 animals.

Loan Amount :

• Up to Rs.2 lacs per borrower
• Up to Rs. 50,000 – 100 % finance is given.
• Above Rs. 50,000 - 85% finance is given.

Security

1. upto Rs. 1,00,000 -
1. Hypothecation of assets financed
2. Above Rs. 1,00,000
1. Hypothecation of assets financed
2. Mortgage of lands
3. Above Rs.1,00,000
1. Hypothecation of assets financed
2. Mortgage of lands or third party guarantee or Group Guarantee