Type of activity |
1. Broiler Farming 2. Layer Farming (Poultry Egg Production) |
Type of Facility |
Overdraft and Term Loan |
Loan Limit |
Min : Rs. 2,00,000/- Max : Rs. 5,00,00,000/- |
Eligibility |
a. Individual/Proprietorship firm/Partnership firm and Companies b. Age criteria in case of Individuals: 18-75 years (Co-borrower is needed if age > 60 years) c. Minimum flock size in broiler farm to be 2000 birds per cycle d. Minimum batch size in layer farm to be 10,000 birds |
Vintage requirement |
a. Layers farms: Minimum 3 years b. Broiler farms: Minimum 2 years |
Primary security |
Overdraft: Nil Term loan: Hypothecation of all assets created out of Bank’s finance |
Collateral: |
Facilities up to Rs. 10 lacs can be secured fully with Agri property Facilities above Rs. 10 lacs to be fully secured with Non Agri Collateral |