Dairy Loan

Dairy Loan by Karur Vysya Bank is a special loan designed to provide finance for the establishment of dairy units for milk production.

Features and Benefits

Credit for Individuals and group of farmers for the purchase of:

  • High yielding milch animals.
  • Cattle: Indigenous breed like Gir, Tharparker, etc., and exotic breeds like Jersey, Holstein Friesian, etc., and in the case of Buffalows: Mehsana, Jafarbadi, etc.,
  • Construction of cattle shed.
  • Purchase of dairy equipment, chaff cutters, etc.,
Eligibility

Eligibility

  • Individuals, farmers, groups of farmers, firms, companies, societies, NGOs etc.,

Quantum of loan

  • Unit cost excluding Margin Money.
  • Based on the viability of the project and repaying capacity of the borrowers.

Repayment

  • The repayment period will depend on the cash flow and will vary between 3-7 years.
Interest Rate
Limit ROI %
Upto Rs. 50,000/- MCLR + 0.35
Above Rs. 50,000/- MCLR + 0.85
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