Ask your Question
   (100 characters left)
Search for questions:      Advanced
Credit Cards
Car Loans
Home Loans
Personal Loan
Education Loans
Fixed Deposits
Savings Accounts
Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate
Resolved Question:
Show me another
dairy farming loan i require
In Miscellaneous  -  Asked by PARWINDER SINGH -  7 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.
7 years ago - By Himi

Other Answers (2)
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.
7 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:
7 years ago - By Ronak
Answer: Open Questions RSS
want to check the status of a firm asking for credit. how can i get the status of that firm weather
View All
Discover: Resolved Questions RSS
Why is it necessary to compare health insurance online?
NRI Quash of FIR best lawyer advocate india (9873540498) men cell
What are the benefits of a Term Insurance Plan?
What is the entry age for senior citizen health insurance policy?
Auto Insurance
View All
Vote: Undecided Questions
No question found.
Compare Car Loan Rates for a used car
Get best bank for Home Loan
Best FD rates by banks
Show All...
 Select a product:

More Calculators...
 Select a product:

Banks unite to collect data against fraud,security risk Jul 8, 2010
State Bank of Hyderabad to increase its branch network Nov 12, 2008
Hiring apt talent crucial for banks: Dy. Governor RBI Jun 1, 2011
Banks park funds with Govt bonds in the slowdown Dec 16, 2008
FinMin to ask PSU bank chiefs to pass on benefit of rate cut to borrowers Jun 14, 2013
News Archive
Factors affecting car insurance premium
Kinds of auto insurance coverage
Guide to get a an auto insurance claim...
Must have add-ons for luxury car insurance
Some New Ways to Save on Your Car...