Scheme Objective

To help increasing of milk and meat processing capacity and product diversification thereby providing greater access for unorganized rural milk and meat producers to organized milk and meat market including Animal Feed Manufacturing units.

Eligible

• Farmer Producer Organization (FPO)
• Private companies
• Sector 8 Companies
• Individual entrepreneurs
• Micro Small and Medium Enterprise.

Nature of Facility

Term loan

Size of Loan

The Scheme doesn’t have minimum and Maximum loan Cap.

Security

• The credit guarantee will be provided only for those projects which are viable and are covered under MSME.
• The guaranteed coverage would be up to 25% of the credit facility.

Repayment

 8 years inclusive of moratorium of 2 years on principal amount.

RoI

ROI should not exceed at 200 basis points plus External Benchmark Based Lending Rate

Interest subvention

Interest subvention of 3% per annum for regular repayments.

Margin

Promoters Contributions may vary from 10% to 25%

Website

 https://portal.udyamimitra.in