Banking & Credit :: BANK OF PUNJAB
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16. Landless People for Purchase of Buffaloes for Life Sustenance
Purpose: Lease Financial Facility for purchase of Milk producing Animals for landless people.
Eligibility: The applicant should be having space to keep animal domestically.
Amount: Maximum limit is Rs.50,000/- against only one personal guarantee acceptable to Bank.
Repayment: 20 equal quarterly installments (Principal and Mark-up) in five years.
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17. Lease Finance Facility to Dairy Farmers for Purchase of Milch Animals
Purpose: Lease Finance Facility for purchase of Milk producing animals for Dairy Farming.
Eligibility: The applicant should be well experienced and having its own well constructed Live Stock Farm, Semen Production Unit.
Amount: In case of Lease Finance 80% of cost of assets (animals/equipment/vehicle/machinery) (Maximum Facility can be granted upto 50% of forced sale value of property)
Repayment: 20 equal quarterly installments (Principal and Mark-up) in five years.
18. Running Finance Facility for Livestock / Poultry and Fish Farms
Purpose: Running Finance Facility for purchase of animals, cost of feed, medicines and other running expenses of the Farm. Running Finance Facility will be provided for following type of Live stock
Farming:
1. Calves Fattening Farms
2. Broilers Farming.
3. Layer Farming.
4. Fish Farming.
5. Semen Production Unit.
Eligibility: The applicant should be well experienced and having its own well constructed Live Stock Farm, Semen Production Unit.
Amount: In case of Running Finance, upto 70% of total running expenses.
For further details Click here |
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