(Scheme for financing Broiler Farmers under Contract farming)
Under this scheme loans can be extended to both existing farmers and new farmers having Contract Broiler Farming arrangements for enabling them to construct poultry shed and feed room and for purchase of equipments
Who are eligible for Broiler plus loan?
ECONOMIC FLOCK SIZE:
The minimum flock size should be 5000 birds. However, financing can be done for 10,000 and 15, 000 birds or part thereof.
Maximum loan amount under the scheme will be Rs 9.00 lacs per farmer
Hypothecation of assets created out of Bank finance and Mortgage of land on which the poultry shed and other infrastructure is available
How do you repay
The entire loan should be repaid within 5 years inclusive of a grace period of 6 months, with installments at bi monthly intervals
How to apply for this loan
You may contact our nearest branch or talk to the marketing officers visiting your village .