2. Poultry Farming

Purpose:

To establish Broiler unit, Layer unit etc.

Loan Amount

As per the amount (unit cost) fixed by the government agencies for the place. Loan is disbursed in stages.

Margin

15 to 20 % depending on the category of borrowers.

Repayement

In instalments depending on the income generated.

Security

(1) Primary -Hypothecation of the assets purchased with banks finance.

2.Collateral –

a).Limits upto to Rs.1,00,000 : NIL

b. Limits above Rs.1,00,000 : Mortgage of landed property

Interest and loan amount to be repaid after the plant starts yielding. The interest accrued during the first five /six years depending on the variety of crop and the loan amount to be repaid from the fifth/sixth year to 12th year in installments