Dairy Loans >> Commercial Dairy Loan
Beneficiary |
Any Individual, Partnership Firm, Corporate body and any other Cooperative organization. |
Purpose |
To increase the income of milk producers by helping them to purchase High yielding cattle and establishing new units shed & other Equipment's |
Loan Amount |
Maximum amount up to RS. 50.00 Lakhs. |
Rate of Interest |
10.25% |
Margin |
15% |
Repayment Period |
Maximum 9 Years including 2 years moratorium period in which only Interest is to be recovered. on monthly basis. |
Collateral Security |
Mortgage of landed property value of 150% of loan amount which shall be calculated by mean value of collector. value & Market value. |
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