The purpose behind providing loan for allied activities is to give hassle free and adequate credit i.e. working capital and term loan for agriculture allied activities, mainly livestock rearing, like Dairy, Poultry, Goatery, Piggery, Fishery, etc.
Individuals / SHGs having adequate experience, knowledge or training in running the activity.
Loan Amount
As per the NABARD, the quantum of loan will depend on the unit cost with applicable margins subject to economic viability.
Repayment Period
3 to 6 years.
Security
Hypothecation of assets be taken.
Mortgage of land and / or third party guarantee will be taken in addition to hypothecation of asset.
Margin
Up to ₹ 1 Lakh : Nil
Above ₹ 1 Lakh : 10% to 15%.
Subsidy if any will be treated as part of margin.