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How To Start Poultry Farming Business By Taking Loans?

Poultry farming has become a big industry given the ever-increasing demand for chicken and eggs. Poultry farming can be done from a small scale to large industry. Central and state governments are also giving facilities of loans and training at their respective levels to promote poultry farming.

In the village-countryside, poultry farming is also done at the small level of the backyard of the house and the government also helps for backyard poultry farming.

Poultry farming is a job that gives good profits at a low cost. Poultry farming is associated with animal husbandry.

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Land Requirement for Poultry Farming

To start poultry farming, you should choose a place a short distance from your village or city so that the pollution of chickens is not affected. For poultry farming, choose a place where there is good provision of water, clean air and sunlight, and vehicles.

Loans and Subsidies For Poultry Farming Business

To promote the poultry farming business, the government gives loans, as well as subsidies, are also given on the loan. The government gives a subsidy of up to 25% for poultry farming. For SC / ST class people, this subsidy is up to 35 per cent. NABARD also gives subsidies on poultry farming. Any person can take a loan for poultry farming.

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How Can You Take a Loan For Poultry Farming Business?

You can take a loan from any government bank for poultry farming. State Bank of India gives loans up to 75% of the total cost for this work.

State Bank of India provides loans up to Rs 3,00,000 for a poultry farm of 5,000 chickens. From here, you can take a loan of up to 9 lakh rupees. A loan from SBI has to be returned in 5 years. If for some reason you are unable to repay the loan in 5 years, then you may receive an extra 6 months.

State Bank of India has named the scheme for poultry farming as the ‘Broiler Plus’ scheme. Under this scheme, loans are given for making room for poultry farming, buying equipment, and buying poultry.

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Documents Require For Loan

  • Identity certificate for taking a loan for poultry farming – like driving license, voter ID card, PAN card, or passport is required.
  • Two passport size photographs.
  • Ration card, electricity bill, telephone bill, water bill, or lease agreement is required in address proof.
  • Photocopy of the bank account statement.
  • Project report of poultry.

In this way, you can easily start poultry farming by taking a bank loan. You can get more information about loans for poultry farming from your nearest bank.

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