Poultry Farm Loan Subsidy Scheme 2024: Various types of schemes are run by the Government of India from time to time with the aim of promoting agricultural business as well as poultry farm, poultry farming, animal husbandry etc. Along with this, loans are also provided by the government to start these businesses. Subsidy ranging from 30% to 60% is provided by the government on the loan amount.
In today’s article, we are going to give complete information related to Poultry Farm Loan Subsidy Scheme 2024 that how you can get a loan of ₹ 9 lakh from the government for poultry farming, along with this, information about how to get 33% subsidy on a loan of ₹ 900000 is also given here.
NABARD Subsidy for Poultry Farming 2024
If you also want to start a poultry farm business, then the government provides work up to ₹ 9 lakh to the citizens starting poultry farm. This scheme has been started by the government with the aim of promoting poultry farming business. Most of the banks in the country are providing easy toppers for this business. Along with this, subsidy of up to 33% is provided by the government on the loan. Complete information related to Poultry Farm Loan Subsidy Scheme 2024 such as necessary documents, eligibility, benefits and application process has been provided.
How to get poultry farm loan?
For those citizens of the country who are willing to take poultry farm loan, I would like to tell them that Poultry Farm Loan Scheme has been started by the government for poultry farming, in which the applicant can take a subsidy loan of up to ₹ 9,00,000 with Aadhar card on the basis of his eligibility.
Citizens whose financial condition is weak and they are not able to establish self-employment, then such citizens can get loan by applying under Poultry Farm Loan Scheme, subsidy of 25% to 33% will be provided by the government on this loan. To get a loan, the applicant has to follow all the eligibility and conditions of the scheme, only then you can take this loan.
Poultry Farm Loan Scheme Interest Rate
For poultry farm loan, you can be charged different interest rates depending on the banks, in which the general interest can be taken from 10% to 16%. The starting interest rate of SBI Bank is 10.75% and in other banks it may be slightly less or more. Along with this, on Poultry Farm Loan Subsidy Scheme 2024, 25% subsidy will be given on the loan to the beneficiaries of the general category, while citizens of Scheduled Caste and Scheduled Tribe category will be given 33% subsidy on the loan.
Poultry Farm Loan Repayment Time
After taking a poultry farm loan, the loan repayment time period is fixed from 3 to 5 years and you can repay this loan for a maximum of 5 years, if such citizens whose financial condition is very weak and are unable to repay the loan, then they are given additional 6 months relief and time to repay it.
Poultry Farm Loan Subsidy Scheme Eligibility
Some terms and conditions have been set by the government for taking poultry farm loan, if you follow all those conditions, then you can easily take poultry farm loan.
Required Documents
- Aadhar Card
- Residence Certificate
- Income Certificate
- Caste Certificate
- Permission to open poultry farm
- Project Report
- Certificate related to information about birds
- Experience Certificate
- Bank Account Details
- Passport Size Photo
How to Apply Online for Poultry Farm Loan Scheme 2024
How to apply for Poultry Farm Loan Scheme, if you also want to start your poultry system and want to apply for a loan, then by following the procedure given below you can easily apply for Poultry Farm Loan Subsidy Scheme 2024.
- First of all, to get poultry farm loan, the beneficiary has to go to his nearest bank branch.
- After that, by going to the bank branch, you have to get information about the scheme from the officer of the concerned department.
- After getting all the information, you have to get the application form of Poultry Farm Loan Subsidy Scheme 2024.
- After getting the application form, you have to enter all the information asked in the application form correctly.
- Along with this, one copy of all the necessary documents asked in the application form has to be attached with the application form.
- After this, the application form has to be submitted again by going to this bank branch.
- After that, your application form will be checked by the concerned officials.
- After this, the location will be evaluated by the bank officer to set up the poultry farm system.
- After completion of all the process, the loan amount will be sanctioned in your bank account under the scheme.
- With this easy process, you can apply for Poultry Farm Loan Subsidy Scheme.