What is SBI Animal Husbandry Loan Scheme, Benefits, Eligibility and Interest Rates

SBI Pashupalan Loan Yojana 2025 is a government banking scheme specially designed for farmers and animal breeders. Its main objective is to promote animal husbandry business in rural areas and make farmers self-reliant. Under this scheme, farmers can easily get a loan ranging from Rs 1 lakh to Rs 10 lakh. This loan is available at low interest rates and there is also a provision of subsidy in it.

Overview of SBI Animal Husbandry Loan Scheme

DescriptionInformation
Name of the schemeSBI Animal Husbandry Loan Scheme 2025
Launch Year2025
BeneficiaryFarmers and ranchers
Loan Amount₹1 lakh to ₹10 lakh
interest rateStarting from 7% p.a.
Repayment PeriodMaximum 5 years
GuaranteeUp to ₹1.6 lakh without guarantee
SubsidyUp to 33% to eligible applicants
Application ProcessOffline (at bank branch)

Benefits of SBI Pashupalan Loan Scheme

  • Low Interest Rates: The interest rate under this scheme starts from just 7% per annum.
  • Large loan amount: Farmers can avail loan up to ₹10 lakh.
  • Long repayment tenure: The loan can be repaid in a maximum of 5 years.
  • Loan without guarantee: No guarantee is required for loan amount up to ₹1.6 lakh.
  • Subsidy Benefit: Eligible applicants can get up to 33% subsidy.
  • Fast processing: Loan amount is transferred to the account within 24 hours after applying.

Uses of SBI Pashupalan Loan Yojana

  • To buy cow, buffalo, goat etc.
  • to set up a dairy farm
  • for animal feed and maintenance
  • For construction of shed and other infrastructure
  • For poultry farming or other animal husbandry activities

Eligibility Criteria

  1. The applicant must be a citizen of India.
  2. The age of the applicant should be between 18 to 60 years.
  3. The applicant should be a farmer, animal husbandry farmer or rural entrepreneur.
  4. The applicant should not have any outstanding dues with any bank.
  5. The applicant must have a good CIBIL score.
  6. The applicant must have a proper plan to start or expand the animal husbandry business.

How to Apply for Yojana

  1. Visit your nearest SBI branch.
  2. Go there and get the animal husbandry loan application form.
  3. Fill the form carefully and attach all required documents.
  4. Submit the filled form to the bank officer.
  5. The bank will scrutinise your application and inspect your project or site if required.
  6. If your application is approved, the loan amount will be transferred to your account.

Required Documents

  • Aadhar card
  • PAN card
  • Residence proof (like ration card or electricity bill)
  • Income Certificate
  • Bank Statement (last 6 months)

Read More: SBI Shishu Mudra Loan Yojana Bank is giving loan of ₹ 50,000 to start a business

  • Project Report (Complete information about animal husbandry business)
  • Passport size photo
  • Mobile Number

Interest Rates of SBI Pashupalan Loan Yojana

Loan Amountinterest rate
Up to ₹2 lakh7% per annum
₹2 lakh to ₹5 lakh8% per annum
Above ₹5 lakh9% per annum

SBI Pashupalan Loan Yojana vs other schemes

SpecialitySBI Animal Husbandry Loan SchemeOther Bank Schemes
Maximum loan amount₹10 lakhUp to ₹5 lakh
interest rateStarting from 7%9% or more
guarantee requiredNo (up to ₹1.6 lakh)Yes
SubsidyYes (up to 33%)No

Conclusion

SBI Pashupalan Loan Yojana 2025 provides a great opportunity for farmers and animal breeders. It not only gives them financial assistance but also helps in promoting their business. If you want to take advantage of this scheme, then apply soon by visiting your nearest SBI branch.

Source & Reference: https://www.ncccc.in/sbi-pashupalan-loan-yojana-2025-update/

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