Primary Cooperative Agriculture and Rural Development Bank: For Fishing Boats (Catamarans)

Scheme Category

Banking,Financial Services and Insurance,Loan

Target Beneficiaries

Individual

Brief Description

The scheme provides loans to farmers for purchasing fishing boats (Catamarans) ranging from ₹15,000/- to ₹60,000/- with an applicable interest rate subject to change.

Benefit Type

Cash

Eligibility Criteria

- The beneficiary should be a resident of Tamil Nadu. - The beneficiary should be a farmer. - The beneficiary should be engaged in fishing activities. - The beneficiary should be interested in availing loan for Fishing Boats (Catamarans) from the Primary Cooperative Agriculture and Rural Development Bank. - The beneficiary should have the intention to use the loan specifically for purchasing a fishing boat (Catamaran). <br>

Application Mode

Offline

Application Process

Step 1: The interested applicant should collect the application form from 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, a unique identification number (if applicable).

Required Documents

• Identity proof (Aadhaar, PAN card, etc.). Address proof. Proof of agricultural occupation (e.g., Proof of being a fisherman or fishing license) (if applicable). Fishing License (if applicable). Any other documents (if required).