Pashupalan Loan Yojana: Filling of application form for Pashupalan Loan Yojana has started

India is an agriculture-based country, and animal husbandry (Pashupalan) plays a major role in the rural economy. Whether it’s cows, buffaloes, goats, or poultry — these animals are not just part of a farmer’s family but also a source of regular income.

To support this sector, the government has introduced the Pashupalan Loan Yojana. This scheme provides financial help to those who want to grow their dairy business or start one from scratch. If you want to buy cows, build a shed, or start a milk collection center — this scheme can give you the right start.

Overview Table: Pashupalan Loan Yojana Key Details

What is Pashupalan Loan Yojana?

Pashupalan Loan Yojana is a loan facility supported by the government and banks, mainly aimed at farmers, animal rearers, and rural youth. The idea is to make it easy for people to get financial help for dairy farming, goat farming, or poultry without much paperwork or high interest rates.

Many national banks, cooperative banks, and NABARD-supported institutions offer this loan with a subsidy, depending on the state policy.

Who Can Apply?

This scheme is open for a wide range of people. If you are connected to animal farming in any way, you can apply.

• Small and marginal farmers

• Livestock rearers (cow, buffalo, goat, sheep, poultry, etc.)

• Unemployed youth from rural areas

• Existing dairy farmers who want to expand

• Self-help groups or cooperatives related to animal husbandry

Even if you don’t have formal education but have experience in dairy or goat farming, you can apply for the loan.

Purpose of the Loan

The loan under this scheme can be used for multiple things like:

• Purchasing cows or buffaloes for milk

• Starting a goat or sheep farming business

• Setting up poultry farms

• Building animal sheds or shelters

• Buying feed or medicines for animals

• Setting up milk collection or storage centers

• Transportation vehicle for milk or livestock

The main aim is to increase income through animal-based activities.

Loan Amount and Interest Rate

Most banks offer loans between ₹1 lakh to ₹10 lakh depending on your project plan and repayment capacity.

• Interest Rate: Varies from bank to bank, generally 10%–14%

• Subsidy: Government or NABARD may offer 25% to 33% subsidy for SC/ST, women, and general category (as per rules)

• Repayment: Usually 3 to 7 years with yearly or half-yearly EMI

You may also get a grace period of 6 months to 1 year in some cases.

How to Apply for Pashupalan Loan Yojana?

You don’t need any agent to apply. Follow these simple steps:

1. Prepare a project report – What animals you want to keep, how much will it cost, how you’ll earn, etc.

2. Collect your documents – Aadhaar card, PAN card, passport photo, bank account details, land record or lease paper (if applicable).

3. Visit a nearby bank – Preferably a nationalized bank, cooperative bank, or rural bank.

4. Submit your documents along with the project report.

5. Bank verification – The bank will review your plan and check your eligibility.

6. Loan approval – Once verified, the loan is sanctioned and the amount is given in your account.

Some banks also provide support for insurance of the animals under the scheme.

Documents Required

Here’s a simple checklist:

• Aadhaar Card (mandatory)

• PAN Card

• Passport-size photos

• Proof of residence (ration card, electricity bill)

• Land record or lease agreement (if any)

• Bank passbook or account details

• Income certificate (for subsidy)

• Project report (basic planning is enough)

Benefits of the Scheme

• Low interest rates compared to personal or business loans

• Easy to apply from rural banks or CSC centers

• Government subsidy reduces repayment burden

• Improves rural income through milk or meat production

• Encourages self-employment among youth and women

Many people are earning ₹20,000 to ₹50,000 per month from small-scale dairy and goat farms after getting support from this scheme.

Challenges to Watch Out

While the scheme is good, there are a few things to keep in mind:

• Banks may delay approval if documents are not proper.

• Some areas don’t get subsidy immediately — ask the bank clearly.

• Proper planning and care of animals is important, or business may fail.

• Don’t depend only on loan — try to save some money also.

Success depends on your seriousness and regular work.

Success Example: Ramesh from Madhya Pradesh

Ramesh, a 28-year-old from a small village in Madhya Pradesh, applied for a ₹3 lakh loan under Pashupalan Yojana. He bought 4 cows and built a shed. Today, he supplies 60 litres of milk daily to a nearby dairy. His monthly income is over ₹35,000. He says, “The loan changed my life. I had no job earlier. Now, I am my own boss.”

FAQs

Q1. Can I get this loan if I live in a city?
This scheme is mainly for rural and semi-urban people involved in animal husbandry.

Q2. Is subsidy guaranteed?
Subsidy depends on state rules and category (SC/ST, Women, etc.). Confirm with your bank.

Q3. Can women apply for this loan?
Yes, women are encouraged and may get higher subsidy.

Q4. What if my project fails?
Loan must be repaid, so plan carefully. Insurance for animals is suggested.

Q5. Is any training required?
Not always, but experience in animal care is helpful.

Final Word

The Pashupalan Loan Yojana is a great chance for those who want to build a future in dairy, poultry, or goat farming. It gives you the financial push needed to start small and grow slowly. If you have the land, the will, and some animal care knowledge — this scheme can truly change your life.

Don’t wait for a job — make your animals your business. With proper care and hard work, this yojana can help you earn good income and live with respect in your village.