Poultry Venture Capital Fund

The Poultry Venture Capital Fund scheme is run jointly by the National Bank for Agriculture and Rural Development and the Department of Animal Husbandry, Dairying & Fisheries, Government of India. It was originally launched under the “Dairy/Poultry Venture Capital Fund” in 2004-05 and later re-structured with separate poultry focus from around 2009-10. The purpose of the scheme is to encourage entrepreneurship in poultry farming, especially in non-traditional states/backward areas, improve productivity of unscientific units, support value-addition and generate employment. The benefit for your enterprise is that you can receive credit-linked subsidy support when setting up or upgrading poultry units, thereby reducing your cost of investment and risk.

Key Features
Financial Assistance
Eligibility Criteria
Documents Required
Application Process for the Scheme

Key Features

Encouragement of poultry farming in non-traditional/backward areas: The scheme emphasises setting up units in regions where poultry activity is low, thereby spreading development.
Credit-linked subsidy support : Instead of purely interest-free loan mode, the scheme provides a capital subsidy (for example 25% of project cost for normal areas; higher for SC/ST, North-East/Hill areas) that is adjusted at the end of loan repayment.
Multiple components across poultry value chain: The scheme includes units such as layer farms, broiler farms, other poultry species , feed mixing units, transport vehicles, dressing/marketing units, cold-storage for poultry products.
Minimum entrepreneur contribution and bank loan linkage: You must bring in a minimum margin contribution (for loans above ₹ 1 lakh, minimum 10%) and bank loan must comprise a minimum portion of project cost (e.g., 40% of outlay excluding subsidy) to qualify.
Eligibility across types of entities – individuals, cooperative, companies, SHGs: Applicants may include farmers, individual entrepreneurs, NGOs, private limited companies, cooperatives or groups .
Bio-security and location norms when more than one unit from same family: If multiple units from same family benefit, they must be at least 500 metres apart and distinct infrastructure must exist.

Financial Assistance

Component	Assistance Provided	Detailed Explanation & Example
Back-ended capital subsidy	Typically 25% of outlay in normal areas; 33.33% for SC/ST, NE/Hill areas.	Example: If you set up a broiler unit costing ₹ 10 lakhs in a normal area, subsidy ~₹ 2.5 lakhs may be available. If you belong to SC/ST or are in NE region, subsidy may be ~₹ 3.33 lakhs.
Margin / Entrepreneur contribution	Minimum about 10% for loans above ₹ 1 lakh.	If your project cost is ₹ 20 lakhs, you might need to bring at least ₹ 2 lakhs as your share.
Bank loan / Effective bank finance	Bank loan must cover a minimum portion of the outlay (for example at least 40%).	If project cost is ₹ 10 lakhs and subsidy is ₹ 2.5 lakhs, effective bank loan could be around ₹ 4 lakhs (40% of outlay) plus your contribution.
Project cost ceilings & unit sizes	The scheme sets unit cost ceilings for each component (e.g., Central Grower Units up to 16,000 layer chicks per batch; feed mixing units 1 ton/hour, etc).	Example: For “Central Grower Unit – up to 16,000 layer chicks per batch” the ceiling may be ₹ 40 lakhs outlay and subsidy at 25% (or 33.33% for special category).
Project implementation & lock-in	Projects must be completed within specified time and a loan lock-in/repayment structure applies .	Example: After first loan disbursement, you must complete unit within 12 months; loan repayment may start after 6-12 months grace and extend over 5 years.

Eligibility Criteria

Who can apply:

You may be a farmer, individual entrepreneur, Private Ltd company, NGO, cooperative or SHG engaged in poultry activity.
Your proposed unit must fall under the recognized components .
Your enterprise must be located in India and you must comply with bank/finance eligibility
Minimum margin contribution and bank loan component must be adhered to (e.g., margin 10% for above ₹1 lakh; bank loan at least 40% of outlay).
Units must follow bio-security norms and location norms (e.g., family members’ units separated by 500 m).

Who cannot apply:

Units already operating before specified cut-off may not be eligible; check with bank/NABARD for current status.
Projects where maximum unit size or component not covered under scheme may fail eligibility .
The scheme’s subsidies are subject to availability of funds and bank sanction; approval is not automatic.

Documents Required

Application form for PVCF subsidy.
Project report/business plan including cost of infrastructure, species, unit size, turnover projections.
Bank sanction letter for loan.
Identity proof, address proof of entrepreneur, registration .
Land/lease documents for project location.
Quotation/invoices for equipment, construction, etc.
Commissioning certificate of unit after set-up.
Utilisation certificate, inspection report by bank/NABARD.
KYC of the promoter/entrepreneur.
Any other document as required by bank/NABARD regional office.

Application Process for the Scheme

Option 1: Apply with Bullit

Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations.
Recommended for: entrepreneurs venturing into poultry for the first time or lacking prior experience in government scheme application.

Option 2: Official Route

Prepare a Project Report describing proposed poultry enterprise: species type , unit size, cost estimation, bank loan requirement, location, infrastructure, market linkages.
Approach a scheduled bank/RRB/SCB eligible for rural/agri loans that works with NABARD refinance. Submit loan proposal including project report and mention eligibility under PVCF.
On bank sanction of loan, apply for subsidy through the bank to NABARD with required claim forms once project is commissioned.
Execute project within the stipulated time and maintain operations for lock-in period.

Option 3: Through State Animal Husbandry Department / Cooperative Societies
Since scheme is administered via Department of Animal Husbandry & NABARD, you may seek facilitation through your State Animal Husbandry / Poultry Board for awareness, project facilitation and bank linkages.