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image UNION KAMADHENU

Features

Purpose:-
Union Kamadhenu is a scheme where dairy farmers are provided with financial assistance to purchase milch cattle.
Eligibility:-
To avail the loan, the smart card holder under NDDB project should have received at least 2 fortnight payments in his account or payment transaction carried out for a period of one month, whichever is later. The second aspect is that the average fortnight milk proceeds received by pourer shall be 40% more than the loan installment chosen.
Quantum of loan:-
Under the scheme, term loan of Rs.40000/- or Rs.50000/- can be sanctioned for purchase of two Milch Cattle. Minimum loan amount is Rs.40000/- and next slab is Rs.50000/-.
Margin:-
Nil.
Security:-
Hypothecation of cattle.
Rate of Interest:-
Please click here to know our latest rate of interest.
Repayment:-
64 to 70 fortnightly installments.

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