Maximize Your Business Potential with AHIDF

If you are involved in the animal sector—whether in animal husbandry, dairy farming, feed farming, or related industries such as veterinary services, drug manufacturing, processing equipment, or testing equipment—there’s great news for you. The Government of India has introduced the Animal Husbandry Infrastructure Development Fund (AHIDF), a funding scheme specifically designed to support businesses in this sector.

Why is AHIDF Beneficial for Your Business?

The AHIDF scheme provides significant financial benefits to eligible businesses. If you are planning to set up or expand your animal sector business and require financial assistance from a bank, AHIDF can be an excellent option for you.

Key benefits include:

3% Interest Subsidy: Enjoy a 3% reduction in interest rates on bank loans for up to 8 years.
No Upper Limit on Bank Loans: Whether you need Rs. 2 crore, 5 crore, 10 crore, or even 15 crore, AHIDF provides financing support without an upper limit.
Collateral-Free Loan Options: MSMEs can avail collateral-free loans under the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Cold Chain Infrastructure Support: The scheme also covers funding for cold storage facilities, ensuring better storage and transportation of perishable animal products.

Who Can Avail AHIDF?

If you are involved in any of the following businesses, you may be eligible for AHIDF benefits:

Milk Processing Units
Meat Processing & Value Addition Units
Animal Feed Manufacturing
Veterinary Drugs & Equipment Manufacturing
Organic Minerals & Bio-CNG Projects
Animal Residue Management Units

How to Apply for AHIDF?

To successfully apply for AHIDF and secure financial support, follow these steps:

Understand the Scheme’s Eligibility Norms: Ensure that your business activities align with AHIDF’s requirements.
Prepare the Required Documents: This includes business registration documents, a detailed project report, financial projections, and other relevant paperwork.
Approach Your Bank: Many banks may not be fully aware of AHIDF. It is advisable to share official AHIDF guidelines with your bank to facilitate a smooth loan application process.
Submit Your Application: File your application with the relevant authorities, ensuring all necessary documents are in place.
Claim Interest Subsidy: Once the loan is approved and disbursed, ensure you claim your 3% interest subsidy to reduce borrowing costs.