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Home You are here : path  Products path Personal path Union Kalpataru



Purpose :-
Union Kalpataru is a scheme exclusively for NDDB Smart Card holders. It helps provide medium term loan to dairy farmers having NDDB Smart Card.
Eligibility :-
To avail the loan, the smart card holder should have received at least 2 fortnight payments in his account or transacted for a period of one month, whichever is later. The second aspect is that the average of latest two fortnight milk proceeds received by pourer should be 40% more than the corresponding loan installment.
Quantum of loan :-
Minimum loan amount of Rs.10000 and there after in multiples of Rs.5,000/- up-to maximum loan amount of Rs.30000 can be availed.
Margin :-
Rate of Interest :-
Please click here to know our latest rate of interest.
Repayment :-
Duration of 50 Fortnightly installments. (Fortnightly installment is fixed as NDDB is paying its pourers milk proceeds on fortnightly basis.)