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Banking & Credit :: Bank of India

Poultry Development

Objective:  The main objective of financing poultry is to increase egg/meat production by meeting financial requirement of the proponents who are willing to undertake poultry as a subsidiary or main occupation. 

Purpose:
  • Financing can be considered for the following types of poultry schemes. 
  • Establishment of small poultry (layer or broiler) units of 200 to 500 birds as subsidiary occupation by the farmers and agricultural labourers. 
  • Individual registered partnership firms limited companies and registered co-operative societies having necessary trained and technical personnel and management experts for running following commercial poultry units.
    • Establishment/expansion of layer farm, 
    • Establishment/expansion of broiler farm, 
    • Establishment /expansion of hatchery farm,
    • Establishment / expansion of production –cum- processing units.

The following items are eligible for finance under different poultry schemes.

  • Construction of brooder/grower houses, feed godowns, acquisition of electricity and water supply, purchase of cages, purchase of feeders, waterers, feed/egg, trolleys, vaccination equipments ,etc. 
  • Poultry co-operative may require finance for purchase of feed mixing plant, feed ingredients and for stocking of feeds for their members. 
  • Integrated layer units will also require finance for construction of broiler houses, purchase of machinery/equipment for dressing of bird, refrigerated storage facilities for dressed birds and refrigerated van for their transport. 
  • Hatchery units will require finance for egg rooms fumigation room, egg cooling room, room for egg incubators, room for chick sexing as well as and vaccination and packing room. 
  • Larger poultry units may also require finance for purchase of air conditioners, stand-by generator.

Eligibility: 

1. Individual farmers/agricultural labourers who are experienced/trained in poultry management are taking up poultry farming as a subsidiary occupation. 
2. Individual registered partnership firms, limited companies, etc., are eligible for bank credit for large poultry units. These units should have trained/ technically qualified personnel for running the unit.


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