How to Apply for Poultry Farm Loan Online in India

Do you wish to open your own poultry farm? Or perhaps you wish to increase your current setup? But lack of funds is restraining you. Don't worry because availing a poultry farm loan online in India is now easier than ever. With the poultry sector thriving, worth more than ₹2,300 billion in 2024 and set to expand at a staggering 12.6% CAGR until 2033, the occasion couldn't have come any sooner to invest in this business.

Let's explore the process, the ideal loans, government plans, and how My Mudra can assist you in starting quickly and easily.

Why Choose a Poultry Farm Loan?

Establishing a poultry farm involves a significant amount of capital. Consider land, sheds, machinery, chicks, poultry feed, and working capital. Even a modest farm may demand lakhs of rupees as upfront capital. Here's why a poultry farm loan is an intelligent decision:

• Bridges the financial gap: Covers initial investment and expansion expenses.
• Supports business growth: Enables you to expand operations or update equipment.
• Alleviates cash flow: Funds recurring costs such as feed and labour.
• Access to government subsidy: Interest subvention or subsidy is included in most loans, particularly for first-time business owners and MSMEs.

Types of Poultry Farm Loans in India

Here are the key poultry farm loan types:

Poultry Farm Loan Schemes & Subsidies

The government encourages poultry farming through different schemes:

• Poultry Farm Loan Scheme: Under the National Livestock Mission
  • • General: Back-ended capital subsidy of 25% of the expenditure.
    • For SC/ST/OBC communities: 33%
• MUDRA Loan for Poultry Farm: Up to ₹10 lakh, collateral-free for eligible applicants under the Pradhan Mantri Mudra Yojana.
• NABARD Subsidy: NABARD provides a subsidy on poultry farming under the Entrepreneurship Development and Employment Generation (EDEG) scheme of the National Livestock Mission. Subsidy is usually credit-linked and back-ended, deducted against the final few instalments of the term loan.
• State & Central Subsidies: There could be other subsidies available depending on your state's policies. Check always with the local agriculture office.

Interested in how to apply for poultry farm subsidy? The process usually involves submitting a comprehensive project report, the loan application, and following up with the bank for subsidy release after loan approval.

Step-by-Step Guide: Poultry Farm Loan Apply Online

Ready to get started? Here's an easy, doable guide on how to apply for poultry farm loan online:

• Research Lenders and compare terms from public/private sector banks and NBFCs. Look for lenders specialising in agri-business for better rates and faster processing.
• Prepare Your Documents
  • • Identity & address proof
    • Business plan/project report
    • Land documents or lease agreement
    • Bank statements
    • Quotation for equipment/birds
• Fill out the online application by visiting the lender’s website. Fill in your details and upload the required documents.
• The lender will review your application and business plan. Some schemes may require collateral; others, like MUDRA, may not.
• Once approved, funds are credited directly to your account.
• For government-backed schemes, the subsidy is usually adjusted against your loan repayment.

Pro Tip: A well-prepared business plan increases your chances of approval. Highlight your experience (if any), local demand, and financial projections.

Get Funded Fast With My Mudra

At My Mudra, we make it all simple for you. We're here to assist you at every step along the way with business loans. Ready to make your poultry farming dream a reality? Apply for your poultry farm loan online today.

Also Read:
- Best Fast Business Loan Options in India for 2025
- How to Get MSME Loan for New Business Online?