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JKBANK: Loan Scheme For Establishment Of Mini Sheep Farms-Check Benefits And Apply Here Directly


Profitable Loan Scheme For Establishment Of Mini Sheep Farms-Check Benefits And Apply Here Directly.

AIMS & OBJECTIVES

To enhance the productivity of local sheep in terms of wool and mutton production, by crossing them with superior quality breeding rams.

To ensure elimination of sheep with pigmentation, coarse wool and such other undesirable characters through selective breeding and rigorous culling.

To improve the economic condition of sheep breeders by increasing the productivity of their sheep, providing them subsidized inputs and remunerative prices for their produce.

To provide increased opportunities of livelihood to small/marginal farmers, agricultural labourers, entrepreneurs, unemployed youth etc.

SIZE OF THE FARM

50 Crossbred Ewes

BREEDING COVERAGE

Two Quality Breeding rams to be provided free of cost by Directorate Sheep Husbandry for breeding coverage.

RATE OF INTEREST (SUBJECT TO CHANGE)

 

Maturity Period

Revised Interest Rates per Annum   (Non-Withdrawable)

For Rs 2.00 Crs to Rs 2.50 Crs

 

Above Rs 2.50 Crs to Less than Rs 5.00 Crs

91 days to 180 days5.35%5.35%
181 days to 270 days6.10%6.10%
271 days to less than 1 year6.10%6.10%
1 year to less than 2 years6.85%6.85%
2 year to less than 3 years6.60%6.60%

INTEREST RATES ON NRI DEPOSITS

The interest rates applicable on FCNR (B) deposits w.e.f January 07, 2023 shall be as under :

1 year to less than 2 years
2 years to less than 3 years
3 years to less than 4 years
4 years to less than 5 years
5 years only
FCY
USD

5.00

4.50

4.00

4.00

4.00

GBP

3.50

3.00

2.75

2.75

2.75

EUR

0.30

0.30

0.25

0.25

0.25

JPY *

0.00

0.00

0.00

0.00

0.00

CAD*

3.00

3.00

3.25

0.00

0.00

AUD *

2.90

2.95

3.10

0.00

0.00

*Deposits in JPY,CAD & AUD to be accepted for a maximum period of 3 years only.

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