Poultry Farm Loan 2024 Government is giving loan of 9 lakhs for poultry farming, 33% subsidy

Poultry Farm Loan 2024 Apply online and registration process, How to apply

Poultry Farm Loan 2024 Government is giving loan of 9 lakhs for poultry farming, 33% subsidy
Poultry Farm Loan 2024 Government is giving loan of 9 lakhs for poultry farming, 33% subsidy

If you are also thinking of opening a poultry farm, then opening a poultry farm has become even easier, recently a new scheme has been started by the central government. Under this scheme, you will be provided loan to open a poultry farm. In this loan, you will be provided a loan of up to 9 lakh rupees. You will be provided a subsidy of 25% to 33% on this loan, complete information related to the scheme has been made available below in which article today, so read the article carefully.

Poultry Farm Loan Scheme 2024

Poultry farm is such a farming and agriculture related business in which you can get good profit at low cost, meaning more savings at low cost. If you also want to expand your business by opening a poultry farm, then for this, the government provides you a loan of up to Rs 9 lakh to open a poultry farm. It will be made available to you with low interest and more subsidy.

In Poultry Farm Loan Scheme 2024, if the total cost of poultry farm is Rs 10 lakh, then in such a situation, subsidy of up to 75% will be provided by the government on the loan.

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Poultry Farm Loan Application : Poultry Farm Loan Scheme Subsidy and Interest Rate

On opening a poultry farm by the government, the initial interest rate on the loan to the beneficiaries starts from 10.75%, the provision of subsidy has also been fixed by the government on this loan. For opening a poultry farm, the provision of different subsidies has been fixed by the government on the basis of class. In which provision of 25% subsidy will be given to the beneficiaries of general category and up to 33% subsidy will be provided to the citizens of Scheduled Caste Scheduled Tribe category.

Poultry Farm Scheme 2024 Subsidy

Under the Poultry Farm Loan Scheme, the time period for repaying this loan has been fixed from 3 years to 5 years, that is, you can return it for a maximum of 5 years. If due to the weak financial condition of a citizen, he is unable to repay the loan on time, then in such a situation, he is given 6 months relief or additional time by the government. Under the Poultry Farm Loan Scheme, subsidy ranging from 25% to 35% is provided. Some terms and conditions have been laid down by the government for the Poultry Farm Loan Scheme. If the poultry farmer is eligible for additional time after the approval of these conditions of the government, then in such a situation, additional provision will be made by the government.

Poultry Farm Loan 2024 Details
Loan Scheme Poultry Farm Loan 2024

  • Loan amount up to Rs 9 lakh
  • Year 2024
  • Interest rate starting from 10.75%
  • Subsidy varies based on categories
  • 33% for Scheduled Castes, Scheduled Tribes
  • 25% for general category citizens
  • Mode of taking loan By bank
  • Loan repayment period 3 to 5 years
  • Poultry Farm Loan 2024
  • Poultry Farm Loan Subsidy

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Documents required for poultry farm loan

  • Aadhaar card of poultry farmer
  • Domicile certificate
  • Caste certificate
  • Bank account distribution
  • Passport size photo
  • Permit to open poultry farm
  • Certificate related to information and number of birds
  • Local land for opening poultry farm
  • Poultry farm Details of total cost for making the farm
  • Cost of medicines for bird diseases
  • Complete documents related to the income and business of the poultry farmer
  • Jamabandi of the land in own name

Poultry Farm Loan Scheme Benefits, Features:

For opening a poultry farm, you will be provided a loan of up to ₹ 9 lakhs by the government.

The time period for repaying the loan has been fixed from 3 to 5 years.

If for some reason a poultry farmer is unable to repay the loan, then in such a situation, an additional time of 6 months will be given by the government.

To open a poultry farm, you must have a certificate related to the health of the birds.

For opening a poultry farm, 75 percent of the amount is provided by the government as financial assistance and 25% of the amount has to be paid by the poultry farmer himself.

How to take loan for opening a poultry farm.

If you also want to open your poultry farm by applying under the new scheme Poultry Farm Loan Scheme started by the government and taking a loan, then for that first of all the applicant has to go to his nearest State Bank of India branch. After going to the bank branch, you will have to get information related to the loan from the officer related to the Poultry Farm Loan Scheme.

After that you have to get the application form under Pradhan Mantri Mudra Loan Yojana from the concerned officer. After that you have to carefully enter all the information related to the poultry farm and the system. And you have to attach all the important documents with the application form, after that submit your application form to the same officer. Then after that your application form will be checked by thr officer, If your application form is found correct during the investigation, then you will be provided a loan of up to Rs 9 lakh to open a poultry farm by the State Bank of India, the repayment period of which is 3 to 5 years.

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