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March 2011
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  Dairy Development

 

Objective

The main purpose of the this scheme is to purchase high quality breed cattle with more yielding capacity. It also aims to purchase the modern machinery for diary development and improve the profitability.

Eligibility

All the Farmers (Kisans) with good Track Record with Bank and with the experience in dairy field.

Loan Limit

Loan amount is decided  according to the units of the Dairy.

Security

1.Charge (hypothecation) on cattle  by the Bank

2.Mortage the 200% of the land of the loan amount.

Interest

Up to 2 Lac's       - 11.5%

More then 2 lac's  - 13.0%

Repayment

  In 5 yrs. in equal monthly  installments.

 

 

                                                                                        

 
 
 
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 Agriculture Debt Waiver

 

The List of Debt Waiver customers of Malwa Gramin Bank.
               
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