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

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.

What you get

  • Access to Loan: Ranges from ₹15,000/- to ₹60,000/- for purchasing fishing boats. - Interest Rate: As per the bank policy (subject to change). <br>

Who can apply

  • 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).

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Who cannot apply

How to apply

Offline

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).

Details

The &quot;Primary Cooperative Agriculture and Rural Development Bank: For Fishing Boats (Catamarans)&quot; scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to offer financial assistance to farmers for acquiring fishing boats (Catamarans). The maximum loan amount is between ₹15,000/- and ₹60,000/-, with interest rates subject to periodic updates.