Union Bank of India- Product

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LIST OF DOCUMENTS
  • D.P. Note.
  • Hypothecation of animals/birds/equipments/feed, etc.
  • For loans above Rs.1,00,000/-, Mortgage of land and super structures &/or Third Party Guarantee, in addition to hypothecation of assets.
  • Comprehensive insurance of animals/birds/equipments.

FAQs

1. Which purposes are eligible for the loan?
Purchase of Animals/Birds, Equipments, Construction of Shed and Working Capital for the activity.
2. Are groups eligible for this loan?
Yes, Self Help Groups with knowledge of running the activity are also eligible for this loan.
3. Will there be insurance coverage for animals?
All animals in the farm will be insured. Poultry farmers can also contribute to a separate risk fund in lieu with insurance.
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