This is a short-term facility, provided for up to one year, to meet the recurring expenses of dairy farming businesses. The facility is structured for ease of access and minimal documentation.
Purpose
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Purchase of animal fodder and feeds
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Vaccinations, vitamins, and medications (including artificial insemination)
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Purchase of concentrates like cottonseed, cottonseed cake
Salient Features / Terms & Conditions
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Facility offered through Islamic financing modes: Musawamah or Murabaha
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Applicant must be between 18 to 64 years of age
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Financing tenure up to 1 year
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Option to utilize the limit as per business needs
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Facility is available for women dairy farmers
Disclaimer: Terms & Conditions apply. Allied Bank reserves the right to accept or reject any financing application as per the Bank’s internal policy.
This term finance facility is offered to existing dairy farms for asset purchases, construction, and infrastructure development.
Repayment is made through equal monthly or quarterly installments. Financing can be availed for one or more of the following purposes:
Purpose
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Purchase of mature milk-yielding cows or buffaloes
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Purchase of young animals for rearing
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Procurement of milk storage tanks and chillers
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Utensils and equipment: calf feeders, bangles, ropes, chains
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Construction or purchase of animal sheds, water tanks, tube wells, generators, etc.
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Fencing and enclosures for secure animal housing
Salient Features / Terms & Conditions
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Financing through Diminishing Musharakah for machinery and equipment
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Murabaha / Musawamah modes for animal purchase
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Applicant must be between 18 to 64 years of age
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Easy monthly or quarterly installment options
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Tenure: 1 to 5 years
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Facility is available for women dairy farmers
Disclaimer: Terms & Conditions apply. Allied Bank reserves the right to accept or reject any financing application as per the Bank’s internal policy.