How to take Animal Husbandry Loan?

Along with farming, animal husbandry is also a major means of livelihood for the farmers. Therefore, most of the farmers now also do animal husbandry. The government also provides financial assistance for this. NABARD i.e. National Bank for Agriculture and Rural Development runs a big scheme for this. A loan of Rs 5 lakh is being given for purchasing animals and setting up a dairy unit. Under the new scheme, this amount has now been increased to Rs 12 lakh. Not only this, the subsidy available for setting up a dairy unit has now been increased from 25 percent to 50 percent. So that more and more people get involved in animal husbandry.

Now a loan of Rs 12 lakh will be available for animal husbandry. In which 50 percent subsidy will also be available. This step will be taken to promote animal husbandry. So that the dairy industry can gain momentum. Besides, farmers working in animal husbandry and dairy sector will also get self-employment. This was announced by Chhattisgarh Agriculture Minister Brijmohan Aggarwal on Wednesday in the second convocation of Kamdhenu University, Anjora.

How To Apply SBI Pashupalan Loan Yojana 2024

If you are also an animal husbandry and are being given loan in animal husbandry by SBI Bank, you also want to take loan in animal husbandry under the scheme and due to no knowledge of taking animal husbandry loan, you are not able to take the loan, then here The complete process of taking loan is given here step by step. By following this you can easily take loan under SBI Animal Husbandry Loan Scheme.
There is no official website of SBI Animal Husbandry Loan Scheme.

1. The animal husbandry will first have to go to his nearest SBI bank branch.
2. After going to the bank, the cattle owner has to talk to the loan department employees.
3. Take the animal husbandry loan form from the employee and fill all the information asked in the form carefully.
4. After filling the form, attach all the required documents with the form.
5. After that go to the branch and submit the form. Pashupalan Loan Scheme 2024
6. After some time, your loan will be approved by the bank staff and the loan amount will be transferred to your bank account. SBI Pashupalan Loan Scheme 2024.

Who can take benefit of Animal Husbandry Loan Scheme?

Many people have a question in their mind that who can “Apply for Animal Husbandry Loan Online” under the Animal Husbandry Loan Scheme –

• People of any category can apply for loan under Animal Husbandry Loan Scheme.
• The person who wants to take animal husbandry loan should have at least one acre of land to do animal husbandry business.
• The person applying for animal husbandry loan should not be a bank defaulter.
• The age of the person applying for animal husbandry loan should be more than 18 years.

Documents required to take animal husbandry loan

To take animal husbandry loan, you must have some important documents, about which we are providing you information below.

1. Aadhar card
2. PAN card
3. Voter ID Card
4. bank passbook
5. mobile number
6. passport size photo
7. title deeds of land
8. Dairy Cooperative Society Milk, Certificate of active membership of the society

Features of Animal Husbandry Loan Scheme

You get many facilities under the Animal Husbandry Loan Scheme and there are some special features of this scheme about which we are giving you information below.

• The Government of India is providing the facility of animal husbandry loan at low interest rates to provide employment to unemployed youth in rural areas.
• Any person can apply under the Animal Husbandry Loan Scheme.
• Under Animal Husbandry Loan Scheme, you can apply for loan for five animals or more than five animals.
• Under the Animal Husbandry Loan Scheme, you get a loan ranging from ₹ 500000 to ₹ 10 lakh at only 5% annual interest rate.
• For animal husbandry, you get 75% loan from the bank, while you have to invest 25% of the money yourself.
• You also get 30% subsidy on animal husbandry loan from the Government of India.

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