Karnataka Gramin Bank

Dairy Entrepreneurship Development Scheme

  • Purpose
  • Eligibility
  • Loan Amount
  • Margin
  • Repayment
  • Security
  • Subsidy
  • Insurance

Purpose

Purpose

  • To generate self-employment and provide infrastructure for dairy sector and to set up modern dairy farms and infrastructure for production of clean milk.
  • To encourage heifer calf rearing for conservation and development of good breeding stock.
  • To upgrade traditional technology to handle milk on a commercial scale.
  • To provide value addition to milk through processing and production of milk products.

Eligibility

Eligibility

  • Farmers, Individual Entrepreneurs, SHGs, etc.

Loan Amount

Loan Amount

  • As per NABARD Unit cost

Margin

Margin

  • Upto Rs.1.60 lakh- No Margin
  • Above Rs.1.600 Lakh 10% Margin

Repayment

Repayment

  • 5-9 years

Security

Security

  • Upto Rs.1.60 Lakhs- Hypothecation of the Animals.
  • Above 1.60 Lakhs- Hypothecation of the Animals & mortgage.

Subsidy

Subsidy

  • SC/ST farmers-33.33% & General farmers-25 %

Insurance

Insurance

  • Mandatory