About Dairy Loans
Loanpao’s Dairy Loans in Delhi, India, support farmers and entrepreneurs in expanding dairy operations. Aligned with schemes like Dairy Entrepreneurship Development Scheme (DEDS), these loans fund cattle purchase, dairy equipment, or farm infrastructure with subsidized rates and fast disbursal.
Why Choose Our Dairy Loan?
- Interest Rates: 7.5% - 12.5% per annum
- Loan Amount: ₹1,00,000 - ₹50,00,000
- Tenure: 12 - 84 months
- Disbursal within 5-7 days
- Secured or unsecured options
- Minimal documentation
- Subsidies under DEDS (up to 25% for general, 33% for SC/ST)
- Support for cattle sheds, milking machines, and chilling units
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Applicant Type | Individuals, SHGs, or dairy cooperatives |
| Purpose | Cattle purchase, dairy equipment, or farm infrastructure |
| Experience | 1+ year in dairy farming (preferred) |
| Annual Income | ₹2,00,000+ or equivalent dairy revenue |
| Credit Score | 650+ preferred |
What Documents Do You Need?
- KYC: Aadhaar, PAN, passport, or voter ID
- Income Proof: ITR or dairy revenue records (last 2 years)
- Bank Statement: Last 6 months
- Land Documents: Ownership/lease for farm or cattle shed
- Project Report: Dairy business plan (for DEDS subsidy)
- Cooperative/SHG Registration: If applicable
- Passport-size photographs
Competitive Interest Rates & Fees
| Bank/Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| State Bank of India | 7.5% - 9.5% | Up to 1% or ₹5,000 |
| NABARD (via banks) | 7.5% - 9.0% | Up to 0.5% or ₹4,000 |
| HDFC Bank | 8.5% - 10.5% | Up to 1.5% or ₹6,000 |
| Bank of Baroda | 8.0% - 10.0% | Up to 1% or ₹5,500 |
| Axis Bank | 9.0% - 12.5% | Up to 1.5% or ₹7,000 |
Extra Charges:
- Late Payment Charges: ₹400 + 2% on overdue amount
- Foreclosure Charges: 3% if prepaid within 12 months, else 1%
- GST: Applicable on processing fees
Note: Rates and fees are indicative as of May 2025 and subject to change.
Calculate Your EMI
Enter values and click Calculate EMI to see results.
How to Apply for a Dairy Loan
- Complete the online application with dairy business details.
- Submit KYC, income proof, bank statements, land documents, and project report.
- Undergo verification of income and dairy project feasibility.
- Sign the digital loan agreement.
- Receive funds in your account within 5-7 days.
Common Questions About Dairy Loans
What is a Dairy Loan?
A loan to fund dairy farming activities like cattle purchase, equipment, or farm infrastructure, often with subsidies under schemes like DEDS.
Who can apply?
Individuals, SHGs, or dairy cooperatives with ₹2,00,000+ annual income or dairy revenue, 1+ year experience (preferred), and 650+ credit score.
What is the maximum loan amount?
Up to ₹50,00,000, based on project size and income.
How long does disbursal take?
Within 5-7 days after verification.
Is collateral required?
Secured loans may require land or cattle as collateral; unsecured options available for smaller amounts.
Can I prepay the loan?
Yes, with 3% charges if prepaid within 12 months, else 1%.
What is the repayment tenure?
From 12 to 84 months, with flexible EMI options.
Are there special offers?
Apply by 31st May for waived processing fees on loans above ₹5,00,000 and free DEDS consultation.
What can the funds be used for?
Cattle purchase, milking machines, chilling units, cattle sheds, or working capital for dairy farming.
What happens if I default?
Late fees, credit score impact, and potential legal action or collateral seizure may apply after due notice.