Pashupalan Loan Yojana 2024: Animal husbandry is an important business in India. To give further encouragement to this business, now banks have also started Pashupalan Loan Yojana in collaboration with the government. Through this article, we will tell you how you can apply for this scheme.
Facility provided by various banks for animal husbandry
State Bank of India Animal Husbandry Loan Scheme 2024: State Bank of India (SBI) provides loans to farmers under the Animal Husbandry Loan Scheme in 2024. Under this scheme, farmers can get a loan of up to ₹ 60,000. This loan is provided for buffalo, cows, and other dairy animals. This scheme aims to help farmers to grow their animal husbandry business. This loan is given to the animal keepers based on their animals so that they can grow their business.
Bank of Baroda Animal Husbandry Loan Scheme: Animal husbandry loan is also provided by Bank of Baroda. Under this scheme, farmers can get loans for milk-producing pets, poultry, small ruminants (such as sheep, goats, pigs) and fish farming. This loan is given in the form of a Kisan Credit Card (KCC) and under this the farmer can get a loan of up to ₹ 10 lakh. This scheme provides the necessary financial assistance to farmers for various types of animal husbandry operations.
HDFC Bank Animal Husbandry Loan Scheme: HDFC Bank also provides loans for animal husbandry. Under this scheme, farmers get a loan of up to ₹ 80,000 for a buffalo and ₹ 60,000 for a cow. If farmers want to take 2 buffaloes, they can get a loan of ₹ 1 lakh 60 thousand and if they take 3 buffaloes, they can get a loan of up to ₹ 2 lakh 40 thousand. As the number of animals increases, the loan amount can also be increased, which provides more financial assistance to the farmers.
Thus, farmers can start their animal husbandry business with these animal husbandry loan schemes provided by various banks.
Initial Requirements for Animal Husbandry
Many tasks are done at the beginning of animal husbandry, such as
- Buying Animals
- Preparation of feed for animals
- Making housing for animals
- Providing food for animals
Financial assistance is required for all these works. Nowadays we all know that many schemes are being run by the government, but now banks have also taken steps in this direction. Under the Animal Husbandry Loan Scheme, loans are provided to animal breeders by banks without any guarantee.
Documents required for animal husbandry loan
To avail animal husbandry loan you will require the following documents.
- Aadhar card
- Bank Account
- PAN card
- domicile certificate
- Caste certificate
- Affidavit regarding the number of animals
- Land Related Documents
- Passport size photograph
- mobile number
Eligibility for Animal Husbandry Loan Scheme
If you want to take a loan for animal husbandry work, then some of the eligibility criteria prescribed by the bank are as follows.
- The applicant must be a resident of India and must be a leading farmer.
- Any other loan of the applicant must be paid on time.
- This loan can be availed only once a year and can be re-taken only after it is repaid.
Pashupalan Loan Scheme 2024 Application Process
If you want to avail the benefit of this scheme then you have to follow the following procedures.
- Go to the nearest branch of the bank.
- Talk to the concerned bank officer about the loan.
- Get the loan application form from them and fill it out carefully.
- Attach the required documents with the form.
- Submit the filled form and documents at the branch.
- After some time your application will be approved and the loan amount will be transferred to your bank account.
