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Canara Dairy Loan

Finance for cattle sheds, milch cattle, fodder, dairy equipment, processing and heifer rearing, with animal-loan repayment up to seven years and project moratoriums.

Interest rateThe current agricultural rate table applies: 1.40% over MCLR up to ₹3 lakh and 2.30% over MCLR above ₹3 lakh up to ₹1 crore, subject to applicable risk and liquidity-premium rules.Maximum amountNo universal rupee ceiling is published; amount follows the dairy project, animal/equipment cost, margin and security norms.TenureAnimal purchase: 5–7 years monthly/quarterly. Heifer rearing: 5–6 years including 30-month grace. Shed/processing projects may receive 12–18 months moratorium; otherwise 1–2 months may apply.
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Quick eligibility check

Canara Dairy Loan

0 of 7 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 rupee income minimum is published?

Published source: Minimum income

2Do you meet this requirement: dairy experience, fodder, water, veterinary access and assured marketing are required?

Published source: Minimum income

3Do you meet this requirement: Borrower needs suitable cattle-shed arrangements, fodder and water, veterinary/artificial-insemination access, dairy experience and assured marketing?

4Do you meet this requirement: Heifers must be healthy and good breed?

5Can you provide the required document: Application and ?

6Can you provide the required document: Dairy project report and animal quotations?

7Can you provide the required document: Cattle-shed, fodder, water and veterinary arrangements?

0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byCanara Bank

India; eligible dairy and allied-activity borrowers

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 typeAgricultural dairy term finance for cattle, sheds, fodder, equipment, processing and heifer rearing.View source
Canara lists animals, sheds, fodder, equipment, processing and heifer-rearing purposes.
Source
Dairy Loans
Page / section
Purpose
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Interest rateThe current agricultural rate table applies: 1.40% over MCLR up to ₹3 lakh and 2.30% over MCLR above ₹3 lakh up to ₹1 crore, subject to applicable risk and liquidity-premium rules.View source
The current agriculture table publishes generic agriculture short-term/term-loan spreads.
Source
Rate of Interest for Agriculture & Allied Activities
Page / section
Agriculture loans up to ₹3 lakh; above ₹3 lakh
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenchmarkMarginal Cost of Funds based Lending Rate (MCLR), with liquidity premium where applicable for longer repayment periods.View source
The rate expresses agriculture term-loan spreads over and lists tenor premiums.
Source
Rate of Interest for Agriculture & Allied Activities
Page / section
Agriculture loans; Liquidity premium
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR.View source
No is displayed.
Source
Dairy Loans
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo rupee income minimum is published; dairy experience, fodder, water, veterinary access and assured marketing are required.View source
The eligibility section lists operating conditions rather than a numeric income minimum.
Source
Dairy Loans
Page / section
Eligibility
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Maximum amountNo universal rupee ceiling is published; amount follows the dairy project, animal/equipment cost, margin and security norms.View source
The page gives margin and security slabs but no single maximum quantum.
Source
Dairy Loans
Page / section
Purpose; Security
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
TenureAnimal purchase: 5–7 years monthly/quarterly. Heifer rearing: 5–6 years including 30-month grace. Shed/processing projects may receive 12–18 months moratorium; otherwise 1–2 months may apply.View source
The official repayment section specifies animal, heifer and project moratorium periods.
Source
Dairy Loans
Page / section
Repayment Period
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Processing feeNot published on the reviewed Dairy Loans page.View source
No processing charge appears.
Source
Dairy Loans
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNot published on the reviewed Dairy Loans page.View source
No early-closure charge appears.
Source
Dairy Loans
Page / section
Complete page
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • High-yielding milch cattle, sheds, fodder and equipment
  • On-farm processing and pasteurisation plants
  • Nil margin up to ₹2 lakh; 15%–25% above
  • credit-guarantee coverage where applicable
  • Animal purchase repayment 5–7 years
  • Heifer rearing repayment 5–6 years including 30-month grace; project moratorium 12–18 months case-by-case

Eligibility

  • Borrower needs suitable cattle-shed arrangements, fodder and water, veterinary/artificial-insemination access, dairy experience and assured marketing. Heifers must be healthy and good breed.

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

Documents the bank lists

  • Application and
  • Dairy project report and animal quotations
  • Cattle-shed, fodder, water and veterinary arrangements
  • Marketing tie-up, insurance and collateral documents

Related official documents

Rate of Interest for Agriculture & Allied Activities (updated 18.08.2026)official-rate-table · current · accessed 30 Aug 2026
↗
Dairy Loansofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

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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

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Kisan Credit Card · Eligibility / purposeOwner/tenant cultivators, sharecroppers, and

This value is copied from Canara , farm machinery and dairy loan terms. Check the table notes before relying on it.

Source: Canara agriculture product pages and rate · Eligibility; Quantum; Margin; Interest; Security; Repayment Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 3 rows · 4 columnsCanara KCC, farm machinery and dairy loan termsPublished eligibility, rates, limits and repayment details from official Canara pages and the 18 August 2026 rate PDF.View tableHide table

Scroll sideways to view every column

Canara KCC, farm machinery and dairy loan terms
ProductEligibility / purposeAmount / rateRepayment / security
Kisan Credit CardOwner/tenant cultivators, sharecroppers, and 7% up to ₹3 lakh subvention; + 1.40% non-subvention; above ₹3 lakh + 2.30%Five-year WC validity with annual review; term loan max 5 years; security varies by limit
Farm MachineryApproved tractors, tillers, harvesters and implements; acreage testsNo universal ceiling; nil margin up to ₹2 lakh, 15%–25% above; agriculture spreads5–9 years; hypothecation, land mortgage or tangible collateral above ₹2 lakh
Dairy LoanCattle, sheds, fodder, equipment, processing and heifersNo universal ceiling; nil margin up to ₹2 lakh, 15%–25% above; agriculture spreadsAnimals 5–7 years; heifers 5–6 years incl. 30-month grace; project moratorium up to 18 months
Canara agriculture product pages and rate · Eligibility; Quantum; Margin; Interest; Security; Repayment · accessed 30 Aug 2026Open official source ↗

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