Punjab Gramin Bank – Scheme for Financing Poultry Farming

By | June 17, 2011

Purpose                      – For subsidiary activity: Investment credit will be provided in the shape of medium term loan for acquiring fixed assets whereas production credit will be given to meet the working capital requirements in the shape of Short Term Loan.

Investment credit will be provided as medium term loan whereas production credit will be given either in the shape of cash credit limit or as an integral component of investment credit.

 

Eligibility                     – For subsidiary activity: Small farmers, landless agricultural laborers or any other persons who are under-employed and intend to supplement income through poultry; He should be having adequate land/shed where he/she proposes to establish poultry farm.

The applicant should be well experienced in running poultry unit and should be engaged/ desirous of engaging himself in such an activity on commercial basis as his main vocation. He should be having required land/shed where he intends to establish or enlarge a poultry farm.

Minimum size of the poultry unit to be financed as subsidiary activity should be 500 birds.

 

Extent of Loan           – Extent of loan will be need-based.

 

Repayment of Loan   – Production credit, if given as short term loan, would be recovered in maximum period of 18/12 months providing gestation period of 6/3 months in the case of layers and broilers, respectively.

Repayment of investment loan shall start after adequate gestation period (up to 12 months in the case of layers and up to 3 months in the case of broilers)

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About Pradeep Yuvaraj

Pradeep Yuvaraj is a Co-Founder and Director at Finerva Financial Solutions Private Limited, a financial education company focused on personal finance education. He has penned over 250 articles relating to Personal Finance and clocked over 500 hours of educating individuals on managing personal finance. He is a serial entrepreneur and has been associated with 7 Start-ups. His entrepreneurial experience spans industries as varied as Education, Gas Engineering, Automobile Design, Software development and more recently a Pure play presentation design company. Prior to turning entrepreneur in 2005, he has worked for 3 of the top ten companies of the world - Shell, ExxonMobil and Total SA. This experience included handling Branch Operations, Channel Sales and Business Development across 5 states over a period of 8 years. He holds an MBA from Symbiosis and an Electronics Engineering Degree from the University of Pune.

10 thoughts on “Punjab Gramin Bank – Scheme for Financing Poultry Farming

  1. jagwant singh

    i have a 3400 bird poltry farm in renig condition in want loan

    Reply
    1. Kiran Castelino

      Hi Jagwant!

      Thanks for contacting us! We’re very happy to hear from you!

      Please email support@bankbazaar.com with your requirement and we will get back to you. Or call us on +91 44 66511800 (Monday-Saturday from 9AM to 6PM). You can even add us on WhatsApp (+91 98848 08231) and we will be happy to help you.

      Cheers,
      Team BankBazaar

      Reply
  2. Amrik

    Sir, I want start a buisness of poultry farm, how can I take loan,if have subsidy, please explain me.

    Reply
    1. Kiran Castelino

      Hello Amrik,

      It’s wonderful to hear from you and about your plans to start a poultry farm. Please email our team at support@bankbazaar.com and we will get back to you as soon as possible. If you prefer, you can also call us on +91 44 66511800 (Monday-Saturday from 9AM to 6PM) or add us on WhatsApp (+91 98848 08231). We would be delighted to help you.

      Cheers,
      Team BankBazaar

      Reply
  3. KULDEEP

    I want to start a broiler poultry farm and I want to take loan please guide me

    Reply
    1. Team BankBazaar

      Dear Kuldeep,
      Thanks for writing to us. BankBazaar does not offer business or agricultural loans at the moment. However, please feel free to email our team at support@bankbazaar.com to know about our products and if we have something suitable for you. We will get back to you as soon as possible. If you prefer, you can also call us on +91 44 66511800 (Monday-Saturday from 9AM to 6PM) or add us on WhatsApp (+91 98848 08231). We would love to be of service.

      Cheers,
      Team BankBazaar

      Reply
    1. Team BankBazaar

      Hi Manjeet,

      Thanks for writing to us. We are sorry we do not give loans for poultry farming. For any other loan, please click here.

      Cheers,
      Team BankBazaar

      Reply
    1. Team BankBazaar

      Hi Gurpreet,

      We are sorry, we do not offer loans for poultry farms. If you are looking for any other loan, please click here.

      Cheers,
      Team BankBazaar

      Reply

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