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I WANT TO OPEN A DAIRY FARM FOR THIS I NEED LOAN AND LAND,TELL ME THE PROCEDURE
dairy farming loan i require
In Miscellaneous  -  Asked by PARWINDER SINGH -  6 years ago

Best Answer:
Govt. of India has formulated a venture capital assistance scheme for establishment of dairy, poultry and Fisheries. The loan is giving from banks with refinance facility from NABARD for starting dairy farming. For obtaining bank loan, the farmers should apply to the nearest branch of a commercial or co-operative Bank in their area in the prescribed application form which is available in the branches of financing banks. The Technical Officer attached to or the Manager of the bank can help/give guidance to the farmers in preparing the project report to obtain bank loan.
For dairy schemes with very large outlays, detailed reports will have to be prepared. The items of finance would include capital asset items such as purchase of milch animals, construction of sheds, purchase of equipments etc. The feeding cost during the initial period of one/two months is capitalised and given as term loan. Facilities such as cost of land development, fencing, digging of well, commissioning of diesel engine/pumpset, electricity connections, essential servants' quarters, godown, transport vehicle, milk processing facilities etc. can be considered for loan. Cost of land is not considered for loan. However, if land is purchased for setting up a dairy farm, its cost can be treated as party's margin upto 10% of the total cost of project.
6 years ago - By Himi

Other Answers (2)
show:
Answer 1.
To promote dairy farming govt. of India is trying to provide financial help to the farmers. But this facility is not available in all the villages something must be done for this.
6 years ago - By Ritu
Answer 2.
IDBI Bank gives loan for dairy farming. Individuals and group of farmers experienced in Dairy farming and are actively engaged in such activity are eligible to take loan. Bank gives minimum of Rs. 20,000. and maximum of Rs. 10 lakh. You can check the details on bank website: http://www.idbi.com/idbi/dairy_loans.asp.
6 years ago - By Ronak
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