FISHERIES LOAN

FEATURES

Features and benefits

  • The loan is provided for buying fish seeds, fish net, and other equipment’s

  • Helps farmers to generate additional income.

Eligibility

  • Professional fisherman

  • Farmers with working knowledge of fish farming

Collateral Security

  • Loan upto Rs.1.00 lakhs: NIL

  • Loan above Rs.1.00 lakh: Mortgage of land.

Margin

  • 15-25% of the project cost

Rate of Interest :

Please click here

Repayment Period

Repayable in maximum 48 months

Documents required

  • Duly filled in application form

  • Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card,/Driving License etc.

  • Address proof: Voter ID card/Passport/Aadhaar card/Driving license etc.

How to apply

Contact your nearest SBI branch engaged in Agricultural advance for application and further details