Sector
Priority Sector-Farm Credit
Eligible Borrowers
Farmers, Group of farmers, SHGs, JLGs, Companies including farmers’ producer companies of individual farmer, Partnership firms, LLPs (Limited Liability Partnership) and Cooperatives of farmers directly engaged in agricultural and allied activities
Type of Facilities
- Term Loan
- LC & BG
- Pre-shipment credit & Post-shipment Credit
Objective
Construction of Cold Storage or Purchase of Refrigerated Vehicles , etc.
- For Construction/Renovation of ponds/tanks
- For purchase of fingerlings, manuring of ponds etc.
- Financing for fishing Boats.
- Financing for fishing vessels/trawlers, etc
- Construction of Fish Seed Producing Units & Fish Feed Producing Units
Scope
A. In inland fisheries - Financial assistance is extended for Construction/Renovation of ponds/tanks, establishment of Fish Seed producing units & Fish Feed producing units, Construction of sluices, Construction of Cold Storage or purchase of refrigerated vehicles, purchase of prawn, fry and fingerlings/fish seed/prawn seed, purchase of inputs like oil cake, fertilizers, organic fertilizers and other feed material up to the first harvest, small boats, purchase of nets, boxes, crates, baskets, ropes, shovels, hooks and other accessories etc.
B. In Marine fisheries Financial assistance is extended for purchase of mechanized/non-mechanized boats/deep sea fishing vessels/trawlers, purchase of fishing nets, purchase of other deck equipments like winch, wire rope, gallows, net-handler, navigational lights, life jackets, life boats, anchors, direction finders, fish finders, etc. purchase of marine engine, solar powered micro cold rooms etc.
