PCARDBIF

Primary Cooperative Agriculture and Rural Development Bank: For Inland Fishing

The scheme offers loans to farmers for inland fishing projects, with a loan amount of up to ₹3,30,000/- per hectare at an interest rate between 11% and 12%.

State Cash

States / UT: Tamil Nadu

Nodal department: Co-operation, Food and Consumer Protection Department

Scheme for: Individual

Scheme profile

DBT (direct benefit transfer): No

Categories: Banking,Financial Services and Insurance, Agriculture,Rural & Environment

Sub-categories: Loan, Fishing and hunting

Target beneficiaries: Individual

Tags: Inland Fishing, Loan, Farmer, Agriculture And Rural Development Bank

Details

The "Primary Cooperative Agriculture and Rural Development Bank: For Inland Fishing" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to support farmers interested in inland fishing by providing financial assistance up to ₹3,30,000/- per hectare. The loan has an interest rate of 11% - 12%, which is subject to change. This financial aid aims to empower farmers to establish or expand inland fishing operations and increase their income.

Benefits

  • - Access to Loan: ₹3,30,000/- per hectare. - Interest Rate: 11% to 12% (subject to change)
  • Access to Loan: ₹3,30,000/- per hectare. - Interest Rate: 11% to 12% (subject to change).

Eligibility

  • The beneficiary should be a resident of Tamil Nadu.
  • The beneficiary should be a farmer.
  • The beneficiary should be engaged in inland fishing.
  • The beneficiary should be interested in availing the loan for Inland Fishing.
  • The beneficiary should have the intention to use the loan specifically for Inland Fishing activities.

Application Process

Offline

Step 1: The interested applicant should collect the application form by visiting the Primary Cooperative Agriculture and Rural Development Bank.
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority.
Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).

Clarifications

Additional points from the scheme information published on myScheme (not legal advice).

What is the objective of this scheme?
The scheme offers loans to farmers for inland fishing projects, with a loan amount of up to ₹3,30,000 per hectare at an interest rate between 11% and 12%.
What is the maximum loan amount available under this scheme?
The scheme provides a loan of up to ₹3,30,000/- per hectare.
What is the interest rate for the loan under this scheme?
The interest rate ranges from 11% to 12%, subject to change.
Who is eligible to apply for this scheme?
Eligible applicants are farmers who are residents of Tamil Nadu and engaged in inland fishing.
Is there an age requirement for this scheme?
There is no specified age requirement for this loan scheme.
Are there any income criteria for eligibility?
No income criteria are specified for this scheme.
What documents are needed to apply?
Required documents include identity proof, address proof, proof of land ownership etc. to apply for this scheme.
Where can an eligible farmer apply for the loan?
Eligible farmers can apply at the Primary Cooperative Agriculture and Rural Development Bank.
Can the loan be used for purposes other than inland fishing?
No, the loan must be used exclusively for inland fishing activities.
Does the scheme offer any subsidies or preferential rates for specific groups?
The scheme does not specify any subsidies; the interest rates apply uniformly to all eligible farmers.

References

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status