Mini Dairy Scheme

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.