BROILER PLUS

(Scheme for financing Broiler Farmers under Contract farming)
Purpose

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?
  • Those who have experience or undergone training in poultry farming. They should have entered a contract with the companies undertaking broiler production through contract farming.

  • The farmers should possess adequate land for construction of poultry shed which should be at least 500 meters away from any existing poultry farm. Potable water source should also be available.

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.

Loan amount
  • Upto 75 % of the cost.

  • Upto Rs 3 lacs for every 5000 bird planned to be reared

Maximum loan amount under the scheme will be Rs 9.00 lacs per farmer

Security:

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 .