Tamil Nadu Cooperative Bank Poultry Development Loan
Overview
The Primary Cooperative Agriculture and Rural Development Bank (PCARDB) in Tamil Nadu provides loans for poultry development. These loans are available to farmers and rural entrepreneurs interested in starting or expanding poultry farming operations, making institutional credit accessible through the cooperative banking network across the state.
Objective
The scheme aims to support rural livelihoods by encouraging poultry farming as a reliable secondary income source. It gives small and marginal farmers access to institutional credit for setting up poultry sheds, purchasing birds, procuring feed and medicines, and buying related equipment.
Benefits
- Affordable loans for constructing poultry sheds and purchasing birds
- Covers costs of feed, medicines, and related farming equipment
- Cooperative bank interest rates are generally lower than those of commercial banks
- Helps farmers build a stable secondary income stream from poultry
- Supports both broiler and layer poultry farming activities
Eligibility
- Farmers and rural residents engaged in or planning poultry farming in Tamil Nadu
- Must be a member of the Primary Cooperative Agriculture and Rural Development Bank
- Landholding or lease documentation may be required by the branch
- Must have a viable and workable plan for the poultry farming unit
Exclusions
- Non-members of the cooperative bank cannot apply directly for the loan
- Applicants with existing loan defaults with the PCARDB are not eligible
- Urban applicants not involved in agricultural or animal husbandry activities
Application Process
- Become a member of the local PCARDB branch if not already enrolled
- Submit a loan application form at the cooperative bank branch office
- Attach required documents along with a simple project plan for the poultry unit
- Bank officials verify the landholding or lease documents and business plan
- Loan is sanctioned and disbursed based on the approved project amount
Documents Required
- Membership certificate of the PCARDB branch
- Land ownership document or lease agreement for the poultry site
- Identity proof such as Aadhaar card
- Project report or plan for the poultry development unit
- Bank account details linked to the cooperative
- Passport-sized photographs of the applicant
