| Beneficiary |
Members of Coop. Milk Producers Society/ PACS. |
| Purpose |
Purchase of up to 10 milch cattle. |
| Loan Limit |
Maximum amount up-to Rs. 5.00 Lac. Rs. 0.50 lakh per animal. |
| Rate of Interest |
10.25% |
| Margin |
15% |
| Repayment Period |
Maximum 5 years. |
| Collateral Security |
Mortgage of landed property value of 150% of the loan amount. Also guarantee of two persons who shall be nominal members of the banks. |
| Area of Operation |
Loan shall be advanced in the area operation in the Muktsar district. |