Nabard Dairy Loan Apply Online- Along with agriculture, animal husbandry is also an important part of the rural economy in India. A large population of the country depends on businesses like dairy farming. Keeping this in mind, the central government has launched the Nabard Dairy Loan Apply Online 2025 scheme for farmers and budding entrepreneurs.
Under this scheme, loans are provided to farmers as financial assistance for dairy farming, so that they can increase milk production and strengthen their livelihood. In this article, we will give complete information about Nabard Dairy Loan 2025 like – application process, eligibility, documents, interest rate, and subsidy etc.
Nabard Dairy Loan Apply Online 2025
Nabard Dairy Loan 2025 is a government scheme run by the National Bank for Agriculture and Rural Development (NABARD). Under this scheme, the government provides loans to farmers for dairy farming. Its main objective is to promote milk production in rural areas and empower the dairy sector along with agriculture.
By taking advantage of this scheme, farmers can expand their small dairy farms, purchase new technology and machinery, and modernize the process of milk production. Apart from this, farmers taking loans under this scheme are also given subsidy by the government, which makes the repayment of the loan easier.
Nabard Dairy Loan Apply Online 2025 Overviews
| Article Name | Nabard Dairy Loan Apply Online 2025 Objectives, Benefits, Eligibility & Apply Online |
| Category | Govt Schemes |
| Official Website | Click Here |
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Main Objectives of Nabard Dairy Loan
- Increase in milk production: The objective of this scheme is to increase milk production in the country and encourage the dairy industry.
- Financial assistance: Providing loans and subsidies to farmers for dairy farming, so that they can improve their economic condition.
- Rural employment: To develop dairy farming as a form of employment in rural areas.
- Self-reliance: To make farmers self-reliant and encourage them to invest in the dairy industry.
- Technology adoption: To provide assistance to farmers to adopt modern technologies in the dairy industry.
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Benefits of Nabard Dairy Loan 2025
- Low interest rate: Under this Nabard Dairy Loan, farmers get loans at low interest rates, which is quite beneficial compared to other agricultural loans.
- Government subsidy: Along with the loan, farmers are also given subsidy by the government. Scheduled caste and tribe farmers get more subsidy.
- Loan limit: The amount of the loan depends on the size and requirement of your business. The loan limit for small dairy farms can range from Rs 1 lakh to Rs 13 lakh for large farms.
- EMI facility: The loan can be easily repaid through EMI, so that there is no additional burden on the farmer.
- Easy application process: Now this scheme is completely online, making the application process simple and fast.
- Repayment facility: The repayment period of the loan is flexible, so that farmers can repay the loan as per their convenience.
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Eligibility Criteria for Nabard Dairy Loan:
- Farmers: This scheme is specially designed for farmers. Small and marginal farmers are also eligible for this scheme.
- Self-employment: If you want to start a dairy business, then you can apply for this scheme.
- Women: Special benefits have been given in this scheme for women. Women are provided with loans as well as additional subsidies.
- Budding Entrepreneurs: If you are a new entrepreneur in the dairy business, then you can take advantage of this scheme.
- Federal farmers and dairy cooperatives: Farmers who are doing dairy farming at the federal level are also eligible for this scheme.
Subsidy on Nabard Dairy Loan:
Under this Nabard Dairy Loan, subsidy of up to 25% is provided. If you are from Scheduled Caste or Scheduled Tribe, then this subsidy can be up to 33%. This means that if you take a loan of Rs 13 lakh for dairy farming, then you can get a subsidy of up to Rs 3.30 lakh. This reduces the amount of your loan and makes it easier to repay it. Subsidy is mainly given for dairy equipment, machinery, and other things related to dairy production.
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Need Documents
- ID Proof: Aadhar Card, PAN Card, or Voter ID.
- Address Proof: Ration Card, Electricity Bill, or certified by any government document.
- Income Proof: If you are a farmer, then you must have an income certificate.
- Bank Account Passbook: The account in which the loan amount will be deposited.
- Business Plan: If you are starting a new dairy business, then you have to submit its plan.
- Photograph: Passport size photo.
- Consent Form: Consent letter from the bank approving the loan.
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Application Process of Loan Online 2025
The application process for this scheme is completely online, so that farmers do not have to visit any government office. You can apply for Nabard Dairy Loan 2025 by following the step by step process given here:
- First of all go to the official website of NABARD.
- Click on the option of ‘Nabard Dairy Loan Apply Online’ there.
- Now the application form will open in front of you, in which you have to fill all your information correctly.
- After this, scan and upload whatever documents will be asked from you.
- After filling all the details and uploading the documents, submit the application form.
- You will get a receipt confirming the application, which you can keep safe for future use.
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Conclusion
Nabard Dairy Loan has been launched by the Finance Minister of the Central Government, Shri Nirmala Sitharaman ji. The main objective of this scheme is to provide assistance to the unemployed youth of our country for their self-reliance and pave the way for them to get employment opportunities in the field of dairy farming. Under this scheme, loans will be provided by the government at a low interest rate so that young entrepreneurs can easily start their own business.
Nabard Dairy Loan Apply Online FAQ’S
How much subsidy is available under NABARD Dairy Loan?
Under the NABARD Dairy Loan Scheme, general farmers get a subsidy of up to 25%. For Scheduled Caste and Scheduled Tribe farmers, this subsidy can be up to 33%. The subsidy is mainly given for the purchase of dairy equipment and machines.
What is the interest rate of NABARD Dairy Loan?
The interest rate of NABARD Dairy Loan is generally low, as it is a government scheme. The interest rate may vary depending on different banks and loan amount, but this rate is quite competitive compared to other agricultural loans. Along with this, subsidy is also given on the interest rate.
What is the repayment period of NABARD Dairy Loan?
The repayment period of NABARD Dairy Loan depends on your loan amount and the status of your business. Generally, the repayment period of the loan can be from 3 to 7 years. Farmers can repay the loan through monthly installments (EMI) as per their convenience.
What is the last date to apply for NABARD Dairy Loan?
There is no fixed last date to apply for NABARD Dairy Loan. The scheme is open throughout the year and you can apply at any time, but you should get the updated information from the local bank or NABARD office.
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