CATTLE LOANS
ISF Limited has introduced Cattle Loans to support Dairy farmers and livestock entrepreneurs in enhancing their operations. Our loans provide the financial backing needed to acquire and maintain livestock, promoting sustainable agricultural practices. With competitive interest rates and quick disbursement, ISF Limited empowers these farmers to invest in new cattle, quality feed, and veterinary care, fostering growth and productivity in the livestock industry.
- Individual Dairy Farmers in 18-60 Yrs age bracket.
- Farmer should have existing 2 cattle, with average annual milk collection of Rs. 80,000 for 2 cattle during last year.
- Residence stability of 2 years
Yes, Cattle Insurance is to be taken mandatorily for all the funded Cattle. The cattle insurance is to be taken for the complete Loan tenure
Hypothecation of Cattle is taken a security for the cattle loans
- Applicant, Co-applicant and Guarantor KYC (Aadhar mandatory)
- Last 1-year milk statement from society/ Bank statement where milk payment is credited (Applicant/Co-applicant.)
- Copy of Land ownership record of Applicant / Co-applicant.
- Passport size photograph of Applicant, co-applicant and guarantor
Loan is given for cattle purchase, for a period of upto 2 years period, payable in 24 equated monthly instalments
