In today’s era, where it has become necessary to find new sources of income along with traditional farming, animal husbandry has emerged as an excellent option. Keeping this in mind, the Government of India has launched a great scheme to promote animal husbandry – the Animal Husbandry Loan Scheme. Under this scheme, people are being provided loan facilities on easy terms to start an animal husbandry business. If you also want to start your venture in the field of animal husbandry, then this scheme can prove to be a golden opportunity for you. This powerful step of the government will give new heights to the rural economy and help farmers become self-reliant.

The central government is giving a loan of up to ₹ 10 lakh

A loan of up to ₹ 10 lakh is being provided through the Animal Husbandry Loan Scheme run by the Central Government, which will be given to the beneficiaries directly in their bank account. The Government of India has started this scheme to promote small and medium businesses related to the dairy industry and animal husbandry in rural areas. Under this scheme, small and medium farmers will be given financial assistance to start animal husbandry businesses, so that the beneficiary farmers can move towards becoming self-reliant. To take advantage of this scheme, first of all, you have to apply for it, for which some documents and papers will also be required, the details of which are given further in the article, which you should read carefully.

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How much loan will be available under the Animal Husbandry Loan Scheme

Talking about the loan available under the Animal Husbandry Loan Scheme, under this scheme, a loan of up to ₹ 1 lakh is provided by the Government of India without guarantee, while a loan of up to ₹ 5 lakh will be given on general guarantee. Apart from this, a loan of up to ₹ 10 lakh is also provided depending on the business plan and its requirements. This flexible loan structure is suitable for animal breeders with different needs, whether they are starting on a small scale or want to expand the business on a large scale.

Documents Required for Animal Husbandry Loan Scheme

The following are the documents required to complete the application process under the Animal Husbandry Loan Scheme:

Aadhaar Card

PAN Card

Copy of Bank Passbook

Animal Husbandry Business Plan

Income Certificate

Passport Size Photo etc.

How to apply online for Pashupalan Loan Yojana

You can complete the application process for Pashupalan Loan Yojana by following the steps given below:

To apply for Pashupalan Loan Yojana, you must first visit your nearest State Bank of India branch.

After reaching the bank branch, you have to get the information about the scheme and the application form.

Now check the application form carefully and fill in the correct information in it.

Attach all your required documents with the application form.

Go to the bank and submit the application form, after which the application form will be checked.

After the verification process of the application is completed and everything is found correct, the loan will be approved.

Now the loan amount will be transferred to your bank account within 24 hours.

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