The “Primary Cooperative Agriculture and Rural Development Bank: For Poultry Development” scheme is launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu. This initiative aims to provide financial support to farmers for the development of poultry and cattle sectors. Under the scheme, eligible farmers can access loans up to ₹14,800 for purchasing 200 poultry birds or up to ₹17,000 for acquiring 2 cows. The interest rate on these loans ranges from 14.5% to 16.5% per annum, subject to periodic revisions, to help enhance productivity and income in the agricultural sector.
Benefits
- Access to Loan:
- Up to ₹14,800 for 200 poultry birds.
- Up to ₹17,000 for 2 cows.
- Interest Rate:
Loans are provided at an interest rate ranging from 14.5% to 16.5% per annum (subject to change).
Eligibility
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Residency:
The beneficiary must be a resident of Tamil Nadu. -
Farmer Status:
The applicant should be a registered farmer. -
Sector Focus:
The applicant must be engaged in poultry farming or cattle development and intend to use the loan specifically for these purposes.
Application Process
Offline Process:
-
Collect Application Form:
The interested applicant should obtain the application form by contacting the Secretary or Special Officer of the Primary Cooperative Agriculture and Rural Development Bank. -
Complete the Form:
Fill in all mandatory fields on the application form, affix a passport-sized photograph (signed if required), and attach self-attested copies of all required documents. -
Submit the Form:
Submit the duly filled and signed application form along with the necessary documents to the designated authority. -
Obtain Acknowledgment:
Request a receipt or acknowledgment from the concerned authority, ensuring it includes essential details such as the date, time of submission, and a unique identification number if applicable.
Documents Required
- Identity proof (e.g., Aadhaar, PAN Card, etc.)
- Address proof
- Proof of poultry farming or cattle development (if required)
- Any additional documents as specified by the scheme guidelines
Frequently Asked Questions
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What is the objective of this scheme?
To provide financial support to farmers for the development of poultry and cattle sectors by offering loans that help boost productivity and income. -
Who is eligible to apply for this loan?
The scheme is open to farmers in Tamil Nadu who are engaged in poultry farming or cattle development and intend to use the loan specifically for these activities. -
What is the maximum loan amount available under the scheme?
- Up to ₹14,800 for 200 poultry birds.
- Up to ₹17,000 for 2 cows.
-
What interest rate is charged on this loan?
The interest rate ranges from 14.5% to 16.5% per annum (subject to change). -
How can applicants apply for the loan?
Applicants must collect the application form from the designated office of the Primary Cooperative Agriculture and Rural Development Bank and submit it offline with the required documents. -
Are there any specific income or age requirements?
The provided guidelines do not specify particular income or age restrictions; eligibility is based on being a resident farmer engaged in poultry or cattle development. -
What documents are required to apply for the loan?
Applicants must submit identity proof, address proof, and any additional documents required to validate their engagement in poultry farming or cattle development. -
Is this scheme available to all communities?
Yes, the scheme is open to all eligible farmers in Tamil Nadu who meet the criteria for poultry or cattle development. -
Can the loan be used for purposes other than poultry or cattle development?
No, the loan must be used specifically for poultry farming or cattle development as outlined in the scheme guidelines. -
Who should applicants contact for assistance with the application process?
Applicants can contact the Secretary or Special Officer of the Primary Cooperative Agriculture and Rural Development Bank for further assistance.