The Primary Cooperative Agriculture and Rural Development Bank: For Animal Husbandry scheme, introduced by the Co-operation, Food, and Consumer Protection Department of Tamil Nadu, offers financial support to farmers to enhance livestock development. This initiative is designed to promote the growth of animal husbandry practices, thereby improving agricultural productivity and supporting farmers’ livelihoods in the region. If you’re a farmer living the Tamil Nadu can apply for an Animal Husbandry Loan through PCARD Banks. Here are the key benefits, eligibility requirements, and application process.
Key Highlights of TN Animal Husbandry Loan
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Objective: Provide financial assistance to farmers for animal husbandry activities such as purchasing buffaloes and goats.
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Financial Support: Loan amount for purchasing 2 buffaloes: ₹20,000/-; Loan for purchasing 21 goats: ₹24,500/-.
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Interest Rate: 14.5% to 16.5% (subject to revision).
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Eligibility: Open to farmers residing in Tamil Nadu engaged in animal husbandry.
Benefits
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Loan Assistance for Livestock Purchase:
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₹20,000 for purchasing 2 buffaloes.
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₹24,500 for purchasing 21 goats.
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Affordable Interest Rate:
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Loan interest rates range from 14.5% to 16.5% depending on various factors, which may be revised periodically.
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Eligibility Criteria
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Resident of Tamil Nadu: Only farmers residing in Tamil Nadu are eligible.
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Farmer Status: Applicants must be genuine farmers.
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Engagement in Animal Husbandry: The applicant should be actively involved in animal husbandry.
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Purpose of Loan: The loan should be specifically used for purchasing livestock (buffaloes, goats, etc.).
How to Apply – Offline Process
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Obtain Application Form: Interested farmers should collect the application form from the Secretary/Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.
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Fill Out the Application: Complete the application form with accurate details. Affix a passport-sized photograph (signed across, if required) and attach all necessary documents.
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Submit the Application: Submit the filled application form and documents to the concerned authority.
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Get Acknowledgment: Ensure you receive a receipt or acknowledgment upon submission. The receipt should include the submission date, time, and a unique identification number if applicable.
Necessary Documents for Application
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Identity Proof: Aadhaar card, PAN card, etc.
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Address Proof: Documents proving your residence.
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Agricultural Occupation Proof: Farmer’s certificate (if applicable).
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Additional Documents: Any other documents required as per the bank’s guidelines.
Frequently Asked Questions (FAQs)
Q.1 What is the purpose of the Primary Cooperative Agriculture and Rural Development Bank: For Animal Husbandry scheme?
- A: The scheme provides financial assistance to farmers for purchasing livestock like buffaloes and goats, to support animal husbandry activities.
Q.2 Who sponsors this scheme?
- A: The scheme is sponsored by the Co-operation, Food, and Consumer Protection Department of Tamil Nadu.
Q.3 How much loan can a farmer get under this scheme?
- A: A farmer can receive ₹20,000 for purchasing 2 buffaloes and ₹24,500 for purchasing 21 goats.
Q.4 What is the interest rate for the loan?
- A: The loan interest rate ranges from 14.5% to 16.5%, depending on factors that may be subject to change.
Q.5 Who is eligible to apply for this scheme?
- A: Farmers who are residents of Tamil Nadu, engaged in animal husbandry, and intend to use the loan for livestock purchase are eligible.
Q.6 What documents are needed to apply for this scheme?
- A: Applicants must submit identity proof (Aadhaar/PAN card), address proof, agricultural occupation proof, and any other documents as per the bank’s requirements.
Q.7 Is there an income limit for applying to this scheme?
- A: There is no specific income limit mentioned for this scheme; eligibility is primarily based on the applicant being a farmer and engaged in animal husbandry.
Q.8 Can the loan amount be used for purposes other than animal husbandry?
- A: No, the loan amount is strictly meant for animal husbandry purposes like purchasing buffaloes or goats.
Q.9 Where can farmers get the application form for the loan?
- A: The application form can be collected from the Secretary or Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.
Sources and References
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Official Guidelines from the Co-operation, Food, and Consumer Protection Department, Tamil Nadu.
