Livestock Loan

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Livestock Loan

Agriculture and its allied sectors contribute to more than 12% of India’s GDP and they also make up to 50% of the Indian workforce. With agriculture being the bread and butter of thousands of farmers across the country, the need for livestock resources is only increasing.

Fullerton India’s Livestock Loan gives the opportunity to the users to buy cows and buffalos. Most importantly the loan also comes with an insurance for the animals. This majorly covers any extra monetary contribution and helps in savings as well.

Features & Benefits

Loan Amount

You can avail an amount between INR 35,000 to INR 1,50,000

Cash Repayment

Instead of direct debit, customers can avail the facility of cash repayment

Apply for Livestock Loan

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Eligibility Criteria

Documentation

  • You need to own at least one cow or a buffalo to avail the loan
  • Two photographs of Borrower and Guarantors
  • Address proof of Borrower and Guarantors (copy of Ration Card, Election card, Telephone bill, Driving License etc.)
  • Income proof, Copy of Income Tax Return, Financial Statement of the Firm, Sales Tax returns etc.
  • Profile of Guarantors.
  • Loan should be guaranteed by two financially sound members (Any) having net individual worth twice the loan amount.
  • Quotation for article to be purchased.
  • Security of two guarantors and Hypothecation of article to be purchased.
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