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For financing to Dairy Sector
Disclaimer
By clicking the link you will be redirected to the website of the third party. The third party website is not owned or controlled by Bank of India and contents thereof are not sponsored, endorsed or approved by Bank of India. Bank of India does not vouch or guarantee or take any responsibility for any of the contents of the said website including transactions, product, services or other items offered through the website. While accessing this site, you acknowledge that any reliance on any opinion, advice, statement, memorandum, or information available on the site shall be at your sole risk and consequences.
The Bank of India and its affiliates, subsidiaries, employees, officers, directors and agents shall not be liable for any loss, claim or damage whatsoever including in the event of deficiency in the service of such third party websites and for any consequences of error or failure of internet connection equipment hardware or software used to access the third party website through this link , slowdown or breakdown of third party website for any reason including and resulting from the act or omission of any other party involved in making this site or the data contained therein available to you including for any misuse of the Password, login ID or other confidential security information used to login to this website or from any other cause relating to your access to, inability to access, or use of the site or these materials in accordance thereto Bank of India and all its related parties described hereinabove stand indemnified from all proceedings or matters arising thereto.
By preceding further to access the said website it is presumed that you have agreed to the above and also the other terms and conditions applicable.
- Low interest rate
- Collateral free loans upto Rs.1.60 lacs
- No margin requirement for loans upto Rs.1.60 lacs
- Flexible repayment terms
TAT
Disclaimer
Disclaimer
Disclaimer
| Upto Rs.10.00 lakh | Above Rs 10 lakhs to Rs.5.00 crore | Above Rs.5 Crores |
|---|---|---|
| 7 business days | 14 business days | 30 business days |
* TAT will be counted from the date of receipt of Application (complete in all respects)
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Finance available for
- Purchasing of milch animals
- To establish a new dairy farm unit or expand an already existing dairy farm unit.
- Small dairy units/ Commercial Dairy units.
- For the rearing of young calves and crossbreeding of milch cows and buffaloes.
- To purchase milk machineries such as Bulk Milk Chilling units, automatic milk collection and dispersal systems, milk vans.
- Construction, expansion, or renovation of cattle sheds for rearing of milch animals
- Purchase of all types of dairy equipment/utensils like milk pails, buckets, chains, automatic milking machine, drinking bowls, dairy dispensation equipment, chaff cutters, etc.
Quantum of finance
Need based finance available
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Individual, SHG/JLG groups consisting of dairy farmers, Cooperative society, Company or Association of persons, partnership firms, proprietorship concerns/FPOs/FPCs.
Before applying you must have
- KYC documents (identity proof and address proof)
- Proof of landing holding
- Adequate knowhow, experience/ training in the activity and infrastructural facilities
- Collateral Security for loans above Rs.1.60 lacs.
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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