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Animal Husbandry Loans: A New Opportunity to be Offered

SBI is offering livestock loans for animal husbandry.

Shivangi Rai
SBI offers loans to support various animal-related endeavours. (Image Courtesy- Unsplash)
SBI offers loans to support various animal-related endeavours. (Image Courtesy- Unsplash)

Animal husbandry is considered a profitable venture for Indian farmers, especially after agriculture. It includes activities like dairy farming, fish farming, and goat farming.

These businesses are generating good income, which attracts educated young individuals to get involved.

If you're interested in starting an animal husbandry business but lack sufficient funds, there's good news. Government bodies at both central and state levels frequently introduce schemes to encourage livestock-related businesses. These initiatives aim to help farmers increase their earnings through such ventures. Banks across the country are also offering their support in this regard.

Let's delve into how the State Bank of India (SBI) is assisting individuals with loans for animal husbandry.

What is SBI Livestock Scheme?

The State Bank of India (SBI) provides various beneficial loan options, such as personal loans and home loans, to cater to its customers' needs. Additionally, SBI extends its support to aspiring individuals by offering livestock loans. These loans aim to assist young people in smoothly initiating their animal husbandry businesses.

As per available details, SBI offers two types of livestock loans to its customers. Firstly, there are KCC (Kisan Credit Card) loans tailored for animal husbandry and fisheries. Secondly, SBI provides agricultural loans that are associated with the Pradhan Mantri Yoga Yojana, which is designed to promote this type of business.

Benefits of SBI Livestock Loan

For those looking to initiate a livestock business, the State Bank of India offers loans to support various animal-related endeavours such as dairy farming, poultry layer farming, sheep farming, goat farming, poultry farming, fish farming, and similar activities. The loan facility covers a maximum limit of up to two lakh rupees, intended to cover the expenses associated with different aspects of animal husbandry.

Application Process

If a farmer intends to secure a loan for initiating an animal husbandry business, they don't have to search far and wide. All they need to do is reach out to the State Bank of India (SBI). The bank's manager will provide comprehensive details about acquiring a loan for livestock and will collect the required documents from the farmer. If the provided terms and documents align correctly, the bank manager will facilitate the issuance of the State Bank of India Livestock Loan.

Loan Criteria

  • To be eligible for the SBI livestock loan, you should hold Indian citizenship

  • Additionally, the applicant's age should fall within the range of 18 to 70 years

  • Importantly, if the applicant is already engaged in the livestock industry or fishery, they will be deemed eligible for the SBI livestock loan

  • To qualify, your bank credit score must be satisfactory, and you shouldn't have a record of default with any other bank

  • For obtaining a livestock loan from SBI, it's essential that you don't have any pending criminal cases against you


  • Two passport size photographs

  • Government Identity Proof like- Identity Card, Driving License / Aadhaar Card / Voter ID / Passport

  • Address proof

  • Certificate of activity like animal husbandry/goat rearing/pig/dairy/poultry/fish farming

  • Proof of gross earnings for at least 6 months

  • If a person is a partner in a business, then he should also have a partnership deed and document

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