Dairy Farming Loan Yojana 2025: Empowering Farmers with Financial Support
To boost India’s dairy sector and support rural livelihoods, the government has launched the Dairy Farming Loan Yojana 2025, offering loans of up to ₹50 lakh to farmers and entrepreneurs. This scheme aims to modernize dairy infrastructure, enhance milk production, and create sustainable income opportunities. Below is a detailed guide to the scheme, including eligibility, benefits, and application steps.
Key Features of Dairy Farming Loan Yojana 2025
- Loan Amount: ₹1 lakh to ₹50 lakh, depending on project scope.
- Interest Rate: Subsidized rates starting at 4% per annum for eligible beneficiaries.
- Repayment Tenure: Flexible 5–10 years, with a grace period of 1–2 years.
- Collateral: Not required for loans up to ₹10 lakh; land/asset mortgage for higher amounts.
- Eligibility:
- Farmers, SHGs, cooperatives, and agri-entrepreneurs.
- Minimum 2 years of dairy farming experience (for existing farmers).
- Clear business plan for new applicants.
- Subsidies: Up to 30% subsidy on loan amounts for women, SC/ST, and marginalized groups.
Application Process
- Step 1: Visit a participating bank (e.g., NABARD, regional rural banks) or apply online via the scheme’s portal.
- Step 2: Submit required documents:
- Aadhaar card, land ownership papers, business proposal.
- Quotations for equipment/cattle purchases.
- Bank statements (if applicable).
- Step 3: Approval within 15–30 days post-document verification.
- Step 4: Loan disbursement in phases linked to project milestones.
Dairy Farming Loan Yojana 2025 Overview (Table)
| Feature | Details |
|---|---|
| Loan Amount | ₹1 lakh – ₹50 lakh |
| Interest Rate | 4% – 8% p.a. (subsidized for marginalized groups) |
| Repayment Period | 5–10 years (including 1–2 years moratorium) |
| Eligibility | Individuals, SHGs, cooperatives, FPOs with viable dairy proposals |
| Collateral | Waived for loans ≤₹10 lakh |
| Subsidy | Up to 30% for eligible categories |
| Application Portal | Available via NABARD/State Cooperative Banks |
FAQs: Dairy Farming Loan Yojana 2025
Q1. Who can apply for this loan?
- Farmers, women-led SHGs, cooperatives, and agri-startups with a feasible dairy business plan.
Q2. What is the maximum loan amount?
- ₹50 lakh, depending on project requirements like cattle purchase, infrastructure, or machinery.
Q3. Are there interest concessions?
- Yes! Women, SC/ST, and small/marginal farmers receive loans at 4%–6% interest.
Q4. Is collateral mandatory?
- No collateral needed for loans up to ₹10 lakh. Higher amounts require land/asset security.
Q5. What documents are required?
- ID proof, address proof, land papers, project report, and cattle/equipment quotations.
Q6. How long is the repayment period?
- 5–10 years, with an initial grace period of 1–2 years.
Q7. Can I apply online?
- Yes! Visit the official portal of NABARD or your state’s dairy development board.
Q8. Does the government offer additional support?
- Yes, subsidies up to 30% and training programs on modern dairy practices.
Conclusion
The Dairy Farming Loan Yojana 2025 is a transformative initiative to strengthen India’s dairy sector. By providing affordable credit and subsidies, it empowers farmers to scale operations, adopt technology, and improve productivity. Eligible candidates are encouraged to apply early to leverage this opportunity for sustainable growth.
