Loan amount - Up to 75 percent of the cost. The land must be at least 500 meters away from other poultry farms and have a potable water source.įlock Size - The minimum flock size must be 5000 birds and financing can be done for 10,000 & 15, 000 birds or part thereof. This scheme gives loans to farmers for contract broiler farming, constructing & feed room, and also for buying equipment.Įligibility - those with enough experience or training in poultry farming and having land for constructing poultry sheds are eligible for this loan. State Bank of India offers loans to Broiler Farmers under Contract Farming.
#Loan for poultry farm how to#
How to apply for SBI loansĬontact your nearest SBI branch for an application form or you can also check the official website For Address proof, they must submit a Voter ID card/Passport/Aadhaar card/Driving license, etc. Repayment Period - The repayment time for this loan is five years including six months of a grace period in bi-monthly installments.ĭocuments required - Duly filled in the application form along with Identity proofs like voter ID card/PAN card/Passport/Aadhaar card,/Driving License, etc. State Bank of India provides a wide range of agricultural loans, the SBI Poultry Loan is for the existing as well as new farmers for setting up poultry shed, feed room, and other equipment.Įligibility - The farmers with adequate experience or knowledge in poultry farming and with land for setting up poultry sheds are eligible for this loan.Ĭollateral Security - Due to security reasons, farmers must mortgage land on which the poultry shed & other infrastructure are available or planned to be constructed that should cover at least 50 percent of the advance.
Here are some of the top banks that provide agricultural loans. Most of the banks in India provide agricultural loans against crops, poultry, and animal husbandry.
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