Top 10 Goat Farming Loan Schemes in 2025

Starting a goat farm in India can be a smart way to earn income, especially for rural entrepreneurs. But without the right financial support, it can be tough. That’s why many banks and government bodies offer goat farming loans with low interest rates, subsidies, and easy terms. This blog explains the top 10 goat farming loan schemes in 2025, designed in a simple, step-by-step format for everyone to understand.

1. NABARD Goat Farming Loan

NABARD (National Bank for Agriculture and Rural Development) offers refinancing to banks that give loans for animal husbandry, including goat farming.

Key Features:

• Loan amount: ₹50,000 to ₹10 lakh (depends on project size)
• Interest Rate: As per RBI norms (usually 8%–12%)
• Subsidy: 25% to 35% capital subsidy (SC/ST and women get more benefit)
• Repayment: 5 to 7 years with 6–12 months grace period

Eligibility:

• Individual farmers, SHGs, cooperatives, and rural entrepreneurs

✅ Highlight: NABARD support is linked with the Integrated Development of Small Ruminants and Rabbits (IDSRR) scheme. Learn more at nabard.org

2. SBI Goat Farming Loan

State Bank of India (SBI) is one of the largest banks offering specific loan products for livestock development.

Loan Highlights:

• Covers purchase of goats, shed construction, fodder, equipment
• Interest rate: ~9%–11% (as per SBI agri loan slab)
• Margin: 15%–25%
• Repayment: Monthly or quarterly EMIs up to 5 years

Required Documents:

• Aadhaar, land records, goat farming project report, bank passbook

Application: Visit your nearest SBI rural branch or apply online on sbi.co.in

3. Canara Bank Agri-Business Loan

Canara Bank supports goat farming under its Agri and Allied activities loan schemes.

Benefits:

• Maximum Loan: Up to ₹10 lakh
• Flexible interest rates (depends on applicant profile and CIBIL)
• Can be availed for starting new farms or expanding existing units

Always submit a well-prepared goat farming project report to improve approval chances.

Canara Bank Agri – Business Loan

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4. Punjab National Bank Krishi Rin Yojana

PNB offers goat farming loans under its Krishi Loans for Animal Husbandry segment.

Details:

• Loan tenure: Up to 7 years
• Interest subsidy for prompt repayment (up to 3%)
• Special schemes for SC/ST and female farmers

Subsidy Scheme: Can be clubbed with NABARD support.

📌 You can download forms and brochures from pnbindia.in

5. HDFC Bank Livestock Loan

HDFC Bank provides loans for agricultural and allied sectors, including goats.

Loan Coverage:

• Animal purchase, veterinary care, farm equipment
• Easy EMI options via ECS/NACH
• Doorstep service available in rural areas

Eligibility:

• Age: 21–60 years
• Income proof or land holding documents

HDFC Bank Live Stock Loan

6. Bank of Baroda Dairy Plus Scheme

Although this scheme mainly focuses on dairy, it can be modified for goat milk businesses or goat breeding units.

Loan Features:

• Funding up to ₹20 lakh
• Interest rate: Starts from 9%
• No collateral for loans below ₹1.6 lakh (under CGTMSE)

Extra Benefit: Women entrepreneurs get 0.5% interest concession. Dairy Plus Scheme

ALSO READ | 10 Booming New Innovative Ideas in Agriculture in India for 2025

7. ICICI Bank Agri Loan

ICICI’s Agri Term Loans support livestock and goat rearing projects under commercial farming.

Key Aspects:

• Quick digital processing
• EMI-based repayment
• Online tracking and alerts

Visit icicibank.com to begin online.

8. Central Bank of India Livestock Loan

This scheme focuses on rural entrepreneurs and SHGs.

Loan Highlights:

• Minimum documentation
• Max loan: ₹10 lakh
• Repayment period: Up to 6 years

Documents Needed:

• ID & address proof
• Detailed project plan with expenses

Central Bank of India Livestock Loan

ALSO READ | 10 Money-Making Agriculture Business Ideas in India for 2025

9. State Government Subsidy Schemes

Many Indian states provide their own goat farming loan and subsidy schemes under animal husbandry or rural employment departments.

Examples:

• Telangana: Sheep and goat distribution schemes
• Odisha: 40% to 60% subsidy on livestock unit setup
• Tamil Nadu: Free goat distribution to BPL families

Check your state’s AH department website or visit a local veterinary office.

10. PMEGP – Prime Minister’s Employment Generation Programme

PMEGP offers financial support for small businesses, including goat farming startups.

Scheme Features:

• Loan up to ₹25 lakh (with ₹10 lakh for service sector)
• Subsidy: 15%–35% based on location and category
• No collateral required for loans up to ₹10 lakh

How to Apply:

• Submit online at kviconline.gov.in
• Attach project report + quote for goats and equipment

Note: The scheme is available for new units only, not for existing goat farms.

Comparison Table of Goat Farming Loan Schemes

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Conclusion

Goat farming in India is growing fast, and with proper financial support, you can start and grow your business easily. The above-listed goat farming loan schemes in 2025 offer low interest rates, subsidies, and long repayment terms. Always prepare a strong business plan and reach out to your local bank or animal husbandry office to get started. Don’t forget to compare multiple schemes before applying.

Frequently Asked Questions (FAQs)

1. What is the interest rate for a goat farming loan in India?
Typically ranges from 8% to 12% depending on the bank.

2. Do I need collateral for a goat farming loan?
No, if the loan amount is less than ₹1.6 lakh and falls under schemes like CGTMSE or PMEGP.

3. How much subsidy can I get for goat farming?
NABARD offers 25%–35% subsidy based on your category (SC/ST/women get more).

4. What documents are needed for goat farming loans?
Aadhaar, land records, project report, photos, and sometimes income proof.

5. Can women farmers apply for these loans?
Yes, many banks and schemes offer extra benefits to women entrepreneurs.

6. How to write a goat farming project report?
Include goat breeds, number of goats, cost, feeding plan, revenue estimate, etc.

7. Is there a government website to apply for these loans?
You can apply through kviconline.gov.in for PMEGP or visit your state AH department site.

8. Which goat breeds are good for farming in India?
Jamunapari, Beetal, Barbari, and Black Bengal are popular breeds.

9. Can I get a loan without land ownership?
Yes, some banks allow loans if you lease land or have a partner/co-applicant.

10. Is insurance available for goat farming?
Yes, you can insure your livestock under schemes supported by NABARD or directly through insurance companies.