How to Apply for the Tamil Nadu Dairy Cow Loan Scheme

To improve the livelihood of livestock farmers, the Tamil Nadu Government has introduced several welfare schemes. One such initiative is the Dairy Cow Loan Scheme, implemented through the Tamil Nadu Backward Classes Economic Development Corporation (TABCEDCO). The scheme provides financial assistance to eligible beneficiaries for purchasing dairy cows and starting a dairy farming business.

What is the Tamil Nadu Dairy Cow Loan Scheme?

The Dairy Cow Loan Scheme is designed to help members of Aavin or District Cooperative Milk Producers` Unions establish dairy farms by providing loans to purchase two dairy cows, including buffaloes. The scheme aims to increase milk production while improving the income of dairy farmers.

Key Benefits of the Scheme

Under this scheme, eligible beneficiaries can receive a loan of up to ₹1.20 lakh to purchase two dairy cows.

Maximum loan amount: ₹1,20,000

Loan per dairy cow: ₹60,000

Supports the purchase of two dairy cows or buffaloes

Interest Rate and Repayment

The loan carries an annual interest rate of 7%. However, beneficiaries are required to bear only 5% of the interest. The loan must be repaid within three years.

Eligibility Criteria

Annual family income should not exceed ₹3 lakh.

The applicant should belong to the Backward Class (BC), Most Backward Class (MBC), or Denotified Communities (DNC).

Applicants must be between 18 and 60 years of age.

The applicant should be a member of the District Cooperative Milk Producers` Union.

Only one member per family is eligible to receive the loan under this scheme.

Documents Required

Community Certificate

Nativity Certificate

Income Certificate

Aadhaar Card

Bank Account Details

How to Apply

Eligible applicants can apply for the Dairy Cow Loan Scheme through their nearest Aavin Milk Producers` Cooperative Society or the District Cooperative Milk Producers` Union.

Frequently Asked Questions

What is the Dairy Cow Loan Scheme?

It is a government-backed loan scheme that helps eligible members of Aavin or District Cooperative Milk Producers` Unions purchase two dairy cows or buffaloes for dairy farming.

What is the objective of the scheme?

The primary objective is to improve the livelihood of economically weaker farming families by providing financial assistance to purchase dairy cows and promote dairy farming.

How much loan is available under the scheme?

Eligible beneficiaries can receive a maximum loan of ₹1.20 lakh, with financial assistance provided for purchasing two dairy cows.