NABARD Dairy Entrepreneurship Development Scheme

Dairy Subsidy + Bank LoanNational Bank for Agriculture and Rural Development (NABARD)

About This Loan

NABARD's Dairy Entrepreneurship Development Scheme (DEDS) provides capital subsidy for dairy farming and related activities. Subsidy of 25% (33.33% for SC/ST) on investments for establishing small dairy units, purchase of milch animals, milk processing equipment, and cold chain infrastructure.

Maximum Amount

Varies by component (e.g., ₹10 lakh for dairy unit of 10 animals)

Interest Rate

Bank's applicable MSME rate (9-12% p.a. typically)

Tenure

5-7 years with 6-month moratorium

Collateral

As per bank norms; subsidy reduces effective borrowing

Processing Fee

As per lending bank norms

Eligibility

Farmers, dairy cooperatives, NGOs, SHGs, milk unions, and individual entrepreneurs. No income ceiling. SC/ST get higher subsidy.

Application Process

  1. 1Prepare DPR for dairy project with help from State Animal Husbandry Department
  2. 2Apply at nearest commercial bank, cooperative bank, or RRB
  3. 3Bank appraises the project and sanctions loan
  4. 4NABARD releases subsidy (25-33%) to bank as back-end subsidy
  5. 5Subsidy adjusted against the borrower's loan outstanding

Documents Required

  • Loan application form
  • Identity and address proof
  • Land/premises documents
  • Detailed Project Report for dairy unit
  • Quotations for cattle, equipment, and infrastructure
  • Caste certificate (for higher subsidy, if applicable)

Official Links

Related Government Schemes

Disclaimer

This information is sourced from publicly available bank and financial institution websites. EduMetrics is not a financial advisor or lending institution and does not guarantee the accuracy of interest rates, eligibility criteria, or loan terms. Please verify all details with the respective bank before applying.