🐄 TMB Dairy & Mini Commercial Loan – Eligibility, Interest Rate, Documents & Apply Guide

📌 What is TMB Dairy Loan?

The TMB Dairy & Mini Commercial Loan is an agricultural finance scheme offered by Tamilnad Mercantile Bank (TMB). It helps farmers and entrepreneurs set up or expand dairy farms, cattle units, and milk production businesses in India.

This loan supports both small-scale (mini dairy) and large commercial dairy projects.

💰 Loan Amount (TMB Dairy Loan Limit)

• 🥛 Mini Dairy Loan: Up to ₹10 lakh
• 🏭 Commercial Dairy Loan: Up to ₹25 crore
• Loan amount depends on project size, cattle count, and income potential

🏗️ Expenses Covered Under TMB Dairy Loan

This loan can be used for:

• Purchase of cows and buffaloes
• Dairy farm shed construction
• Milk storage and cooling equipment
• Feed and fodder expenses
• Veterinary care and insurance
• Dairy machinery and tools
• Transport and milk distribution setup
• Working capital for operations

👨‍🌾 Eligibility Criteria for TMB Dairy Loan

Eligible applicants include:

• Individual farmers
• Dairy entrepreneurs
• Self Help Groups (SHG)
• Joint Liability Groups (JLG)
• Farmer Producer Organizations (FPO)
• Partnership firms and companies

💵 Margin / Down Payment

• Small & marginal farmers: 15% margin
• Other applicants: 25% margin
• Small loans (up to ₹1.60 lakh): Zero margin possible

📊 TMB Dairy Loan Interest Rate

• Interest rate: Linked with MCLR (bank lending rate)
• Approx range: 10% – 11% per annum
• Final rate depends on credit score and project profile

⏳ Repayment Tenure

• Flexible repayment based on milk income
• Long-term repayment available for commercial dairy farms
• EMI structure aligned with cash flow

📄 Documents Required

• Aadhaar Card / Identity Proof
• Address Proof
• Land ownership or lease documents
• Detailed Dairy Project Report (DPR)
• Cattle purchase quotation
• Bank account details
• Income proof

🌟 Key Features of TMB Dairy Loan

• Supports mini and large dairy businesses
• Covers complete farm setup cost
• Flexible EMI repayment options
• Competitive interest rates
• Helps increase rural income and employment

🏦 How to Apply for TMB Dairy Loan?

Follow these steps:

1. Visit nearest Tamilnad Mercantile Bank branch
2. Submit dairy business project report (DPR)
3. Provide required documents
4. Bank verification and field inspection
5. Loan approval and disbursement

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