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Bank of Maharashtra Animal Husbandry Loan

Term-loan or cash-credit finance for dairy, draught animals, poultry, sheep/goat rearing, animal sheds, machinery and working capital, with project-based finance and three-to-seven-year term repayment.

Interest rateUp to ₹10 lakh: current 11.50% p.a. Above ₹10 lakh: current 12.50% p.a.Maximum financeAnimals: applicable NABARD unit cost. Other activities: project cost, estimates or quotations. No single rupee cap is published.TenureThree to seven years for term finance, with monthly, quarterly or half-yearly instalments.
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Quick eligibility check

Bank of Maharashtra Animal Husbandry Loan

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No salary floor applies?

Published source: Eligibility / project basis

2Do you meet this requirement: eligible farmers/groups need the necessary expertise and finance follows NABARD unit cost or project evidence?

Published source: Eligibility / project basis

3Are you this type of customer: Available to eligible farmer owners, tenants, sharecroppers, oral lessees and farmer SHGs/JLGs who have the necessary expertise?

4Does your annual income meet this requirement: Finance is based on NABARD unit cost or project estimates rather than salary?

5Document checkDo you have this required document or proof: Form 138 and Enclosure B2?

Published source: Eligibility / project basis

6Document checkDo you have this required document or proof: 7/12, 8A, 6D and boundary records?

Published source: Eligibility / project basis

7Document checkDo you have this required document or proof: No-dues certificates including PACS?

Published source: Eligibility / project basis

8Document checkDo you have this required document or proof: Legal search above ₹1.60 lakh where land is mortgaged?

Published source: Eligibility / project basis
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeAgriculture term loan and/or cash credit for animal husbandry.View source
Both facility types and all six activity groups are published.
Source
Animal Husbandry
Page / section
Type of Facility; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateUp to ₹10 lakh: current 11.50% p.a. Above ₹10 lakh: current 12.50% p.a.View source
Exact formula plus current 9.00% one-year .
Source
Animal Husbandry and current notice
Page / section
Rate; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkOne-year MCLR 9.00% + BSS 0.50% + 2.00% up to ₹10 lakh, or +3.00% above ₹10 lakh.View source
Current benchmark paired with published spreads.
Source
effective 25.07.2026
Page / section
Page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
No fee-inclusive appears.
Source
Animal Husbandry
Page / section
Complete page and schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Eligibility / project basisNo salary floor applies; eligible farmers/groups need the necessary expertise and finance follows NABARD unit cost or project evidence.View source
Published basis is farmer status, expertise and project cost.
Source
Animal Husbandry
Page / section
Eligibility; Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum financeAnimals: applicable NABARD unit cost. Other activities: project cost, estimates or quotations. No single rupee cap is published.View source
The page publishes two amount bases but no universal cap.
Source
Animal Husbandry
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureThree to seven years for term finance, with monthly, quarterly or half-yearly instalments.View source
Full range and frequencies published.
Source
Animal Husbandry
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeCash credit: nil up to ₹5 lakh, then 0.35% p.a. Term loan: nil up to ₹5 lakh, then 1% to ₹25 crore.View source
Both published facility types are mapped to their exact agriculture tariff rows.
Source
Service Charges
Page / section
pages 80-81
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / takeover chargeTerm loan: 2% when prepayment exceeds 25% of sanctioned limit; cash credit: 2% of sanctioned limit only on takeover by another institution. MSEs are exempt.View source
Both facility-specific rules retained.
Source
Service Charges - All Credit
Page / section
Prepayment rows
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term loan and/or cash credit
  • Dairy, poultry, sheep/goat and draught-animal activities
  • Project/-unit-cost finance
  • Three to seven years for term finance
  • Nil margin up to ₹2 lakh

Eligibility

  • Available to eligible farmer owners, tenants, sharecroppers, oral lessees and farmer / who have the necessary expertise. Finance is based on unit cost or project estimates rather than salary.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Form 138 and Enclosure B2
  • 7/12, 8A, 6D and boundary records
  • No-dues certificates including PACS
  • Legal search above ₹1.60 lakh where land is mortgaged
  • Project quotations, estimates and permissions
  • Guarantee Form F-138 and guarantor land/PACS records

Related official documents

Animal Husbandryofficial-product-page · current · accessed 31 Aug 2026
↗
Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Facility · Published detailTerm Loan and/or Cash Credit

This value is copied from Animal Husbandry - complete published scheme table. Check the table notes before relying on it.

Source: Animal Husbandry · Complete table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsAnimal Husbandry - complete published scheme tableView tableHide table

Scroll sideways to view every column

Animal Husbandry - complete published scheme table
ParticularPublished detail
FacilityTerm Loan and/or Cash Credit
PurposeMilch/draught animals; poultry broiler/layers/hatchery/feed mill; sheep/goat; byre; equipment/machinery; working capital
EligibilityIndividual/joint farmers; tenants/sharecroppers/oral lessees; farmer / with expertise
AmountAnimals: unit cost; others: project cost/estimates/quotations
MarginNil to ₹2 lakh; 15%-25% above
RateUp to ₹10 lakh: 1Y +BSS 0.50%+2%; above: +3%
SecurityUp to ₹2 lakh financed assets; above: assets plus two guarantees or land mortgage
Repayment3-7 years, monthly/quarterly/half-yearly
ConditionsInsurance of all financed animals, birds, equipment and machinery essential
DocumentsForm 138/B2; land/boundary records; no-dues/PACS; legal search above ₹1.60 lakh where mortgaged; project evidence; guarantee/guarantor records
Animal Husbandry · Complete table · accessed 31 Aug 2026Open official source ↗
Table 2 · 5 rows · 3 columnsBank of Maharashtra MCLR effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra MCLR effective 25 July 2026
TenorResidual maturity p.a.
Overnight1 day7.30%
One month>1 day to 1 month8.30%
Three months>1 to 3 months8.55%
Six months>3 to 6 months8.90%
One year>6 months9.00%
effective 25.07.2026 · Page 1 · accessed 31 Aug 2026Open official source ↗

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