The “Primary Cooperative Agriculture and Rural Development Bank: For Inland Fishing” scheme is launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu. This scheme aims to support farmers interested in inland fishing by providing financial assistance to establish or expand inland fishing operations. Financial aid is offered on a per-hectare basis, helping farmers boost their income through improved aquatic livestock practices.
Benefits
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Access to Loan:
Eligible farmers can obtain a loan of up to ₹3,30,000 per hectare. -
Interest Rate:
The interest rate is set between 11% to 12% per annum (subject to change).
Eligibility
- The beneficiary must be a resident of Tamil Nadu.
- The beneficiary must be a farmer actively engaged in inland fishing.
- The loan must be used specifically for inland fishing activities.
- The beneficiary should have a clear intention to utilize the funds for establishing or expanding inland fishing operations.
Application Process
Offline
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Collect Application Form:
The interested applicant should visit the Primary Cooperative Agriculture and Rural Development Bank to collect the application form. -
Fill in the Form:
Complete the form by filling in all the mandatory fields, affix a passport-sized photograph (signed across, if required), and attach self-attested copies of all necessary documents. -
Submit the Form:
Submit the duly filled and signed application form along with the required documents to the concerned authority. -
Obtain Acknowledgment:
Request a receipt or acknowledgment from the authority. Ensure that the receipt includes the date, time of submission, and a unique identification number (if applicable).
Documents Required
- Identity proof (e.g., Aadhaar Card, PAN Card)
- Address proof
- Proof of land ownership or lease documents for the land used in inland fishing
- Any additional documents as specified by the scheme guidelines
Frequently Asked Questions
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What is the objective of this scheme?
The scheme is designed to support farmers in establishing or expanding inland fishing operations by providing financial assistance on a per-hectare basis. -
What is the maximum loan amount available under this scheme?
Eligible farmers can receive loans of up to ₹3,30,000 per hectare. -
What is the interest rate for the loan under this scheme?
The loan is offered at an interest rate between 11% and 12% per annum, subject to change. -
Who is eligible to apply for this scheme?
The scheme is open to residents of Tamil Nadu who are farmers engaged in inland fishing and intend to use the loan specifically for inland fishing activities. -
Is there an age requirement or income criteria for applicants?
There are no specific age or income limits mentioned; the primary requirement is that the beneficiary is a farmer engaged in inland fishing. -
What documents are needed to apply?
Applicants must submit identity proof, address proof, and proof of land ownership or lease for the land used in inland fishing, along with any other documents required by the scheme. -
Where can an eligible farmer apply for the loan?
Applications must be submitted offline 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 mention additional subsidies or preferential rates; the focus is on providing a fixed loan amount per hectare at the specified interest rate.