Your browser version is outdated. We recommend that you update your browser to the latest version.

User Login


NEWS

Comprehensive One Time Settlement Package in lieu of Employees Pension Scheme of the Bank implemented in compliance of orders dated 29.11.2013 passed by  Hon’ble Punjab & Haryana High Court. .......Read More


The Bank provides Long Term Loans at Simple Rate of Interest for Agriculturists and Non Agriculturists for a number of purposes.


Dairy .. Poultry .. Sheep/goat .. Piggery .. Rabbit .. Fisheries .. Camel/Bullock cart  .. Mushroom .. Beekeeping

DIVERSIFIED LOANING

DAIRY FARMING

dairy

  • According to the Dairy Development Board, Punjab this scheme covers a commercial unit of 10-50 milch animals.
  • Loans can be given on the recommendations of the Milk Unions or for for private plants or directly to the borrower by the banks.
  • Apart from the above, the loans are also given for Cattleshed, Milk Processing, Bulk Milk Cooler etc.

 

MINI/SMALL DAIRY UNIT AND COMMERCIAL DAIRY UNIT:
                       Loans are given for small/mini dairy units according to the following specifications

Dairy unit

Investment (in Rs.)

Repayment cost (years)

Dairy unit buffaloes 55,000/- per buffalo 5
Dairy unit crossbred cows 60,000/- per cow 5

Loan for cattleshed :

5 animals

10 animals

 

2,00,000/-

4,00,000/-

 

9

9

10 OR MORE ANIMALS UNIT: 

 

 

Loan Amount (in Rs.)

Milking parlour digital 6 animals

12,00,000/-
Milking parlour digital 12 animals

 

16,00,000/-

Bulk cooling    

  5,50,000/-

1000 litre + 10 kva Generator set

  8,00,000/-

40 litre can

  3,500/-

Milko Tester

  60,000/-

Automatic milk collection centre

 1,50,000/-

Milk bar/parlour (cold cabinet)

 3,00,000/-

Refrigerator tanker van (road tanker) 500 litre

Refrigerator tanker van (road tanker) 5000 litre

Refrigerator tanker van (road tanker) 8000 litre

Refrigerator tanker van (road tanker) 10000 litre

Refrigerator tanker van (road tanker) 13000 litre

 5,00,000/-

11,00,000/-

14,00,000/-

16,00,000/-

22,00,000/-

 Mobile milk vending machine with Generator set 500 litre

 8,00,000/-

Single row fodder harvester

 1,50,000/-

Independent row fodder harvester

16,00,000/-

Total mixed ration

 5,00,000/-

Repayment period of loan shall be 5 years in monthly instalments.

 

BUFFALO BREEDING :

  • For improvement in the breed of buffaloes, loan is given by the Bank. For 20 buffaloes, the unit cost is as follows:-

            20 buffaloes                                    10,00,000/- Rs.

            Shed+other necessary equipment        8,00,000/- Rs.

            Day to day expenditure                      4,00,000/- Rs.

            TOTAL                                            22,00,000/- Rs.    

        Repayment of loan is 5 years. Margin money is 10%.

Note: Borrower can procure loan for 1-10 cows/buffaloes directly from the Bank whereas for more than 10 animals, he has to undergo training from the Dairy Department  and get the case sponsored from them.

 

REQUIREMENTS

  • Borrower should purchase animals in two installments with a gap of 3-6 months.
  • He should have prior experience  since experience shall be given priority in advancing loans.
  • For 5 animals provision of fodder on 1 acre irrigated land has to be provided.
  • For milch cattle/calves, insurance is a must.
  • Borrower should have shed. Loan shall be advanced in 2 installments. 2nd installment shall be disbursed only when roof has been constructed.
  • Repayment of loan shall be done in 5 years in monthly/quarterly/half-yearly installments.

CALVES BREEDING SCHEME : 

UNIT SIZE: The cost of calves shall be Rs. 10000/-. Tha loan is given for a minimum 3 calves and maximum 30 calves.

REPAYMENT

  • If the animal is sold immediately after birth, then repayment has to be made immediately.
  • If the animal has been kept for milk production and selling, then repayment shall be made in 4 years.

For Repayment Schedule of the above schemes click here ........