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One of the most profitable businesses in India is dairy farming. Although the dairy farming business sector is unorganized, India is the largest dairy producer in the world. A significant portion of the rural population in India engages in livestock and dairy production, and the consumption is even greater countrywide. The dairy farm business has a huge potential in the commercial sector. Since dairy farming has proved to be a part of the backbone of the Indian economy, providing a momentum for the industry to grow and flourish is crucial. Those looking to open up their own dairy business or take their existing one to new heights can do so with the help of a dairy farm business loan.

Features & Benefits of Dairy Farm Loan

On Finserv MARKETS, availing a business loan for a dairy farm can be beneficial for the farmers due to the following features:

  • Fast and easy online loan processing: A dairy loan can be approved within minutes online with instant processing of loan requests and hassle-free disbursal of the amount to your bank account within 24 hours.

  • No collateral against loan: Unlike many financial institutions, you don’t have to provide collateral against the loan amount needed for your business on online platforms like Finserv MARKETS. These business loans are unsecured, and hence, you are not required to pledge any assets to get a business loan.

  • A high loan limit: You can avail of up to Rs. 30 Lakh on Finserv MARKETS. This can provide you with the funds required to give a boost to your dairy business.

  • Repayment flexibility: The tenure for the repayment of the loan is extremely flexible on Finserv MARKETS. You can repay within 12 to 60 months from the approval date of the availed dairy farm loan.

  • Value addition: Financial fitness reports and personalized insurance plans for the customers based on their exclusive needs are provided.

  • Affordable business loan interest rates: Dairy farm business loans are available at attractive, easily affordable business interest rates.

Purpose of the Dairy Farm Loan

Small business loans can be essential to finance businesses in their nascent stage. A dairy farm business loan proves to be significant in the following situations:

  • Distribution of product

  • Establishment of manufacturing units

  • Setting up a new farm or expansion of an established dairy farm

  • Purchasing cattle for small dairy farm units

  • Rearing and crossbreeding of cattle

  • Producing cattle fodder and relevant farm operations

  • Constructing and maintaining shelters for farm animals (cow, buffalos, etc)

  • Buying milk chilling units, collection machinery, dispersal and distribution vans

  • Investing in cold storage facilities and marketing services

  • Purchasing chaff cutters, dairy dispensation equipment, and other transportation services

Dairy Farm Loan Eligibility

A dairy farm business loan can be availed by agriculture labourers, firms, self-help groups, partnerships & cooperative societies. Dairy farmers who engage or have previously been a part of the dairy-based activities can also avail of this loan. Many entrepreneurs who work on dairy farming individually and have done so previously can apply for the dairy farming loan. Below we have provided the factors that determine the dairy loan eligibility of an applicant. 

  • To avail of a business loan for dairy farming, you should be between 26 to 70 years

  • Your business should have a 3 year vintage

  • You would need to furnish income tax returns of at least one year

  • You should be self-employed

Dairy Business Loans Fees & Charges

Dairy farm loan interest rate

Vary from bank to bank

Tenure of loan

12 to 60 months

Pre-closure charges


Processing fees

2% to 3%


How to Apply for a Dairy Farm Loan Online?

At Finserv MARKETS, you don’t have to lift a finger to avail of a dairy farm loan. All you have to do is select the type of loan, fill an application form, and submit it along with the relevant documents required for the application. Once the application is reviewed and approved, the loan amount will be disbursed to your account within hours. The following documents must be kept handy by you to apply online for a dairy loan.

  • ID proof documents like PAN, Driving License, Voter ID, or Aadhaar Card, etc.

  • Address proof such as Ration Card, Aadhar Card, bills, etc.

  • Depending on your application, you might be required to furnish a few more documents pertaining to your business

Another way to apply for a dairy farm loan scheme is offline. You can visit the nearest bank branch that provides loans for dairy farming and hand them the relevant documents along with the application form. A bank representative will help you throughout the application process.

Help your dairy business flourish with Bajaj Finance Business Loans on Finserv MARKETS. You can avail of a business loan up to Rs. 30 Lakh catering to your financial needs in a hassle-free manner. The quick processing of the business loan is convenient, and you get added benefits in the form of financial reports to track your financial health.