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Interest Subsidy on Loans for Agriculture and Allied Activities

“Interest Subsidy on Loans for Agriculture and Allied Activities” is a scheme by the Dept. of Fisheries, Govt. of Goa. The bonafide agriculturist, individual of the animal husbandry/fisheries sector from Goa are provided a loan of upto ₹ 5,00,000 for the purpose of Agriculture and Allied Activities.

Ministry / Department
Fisheries Department
Level
State
Benefit type
cash
Last verified: Recently

What is Interest Subsidy on Loans for Agriculture and Allied Activities?

“Interest Subsidy on Loans for Agriculture and Allied Activities” is a scheme by the Dept. of Fisheries, Govt. of Goa. The bonafide agriculturist, individual of the animal husbandry/fisheries sector from Goa are provided a loan of upto ₹ 5,00,000 for the purpose of Agriculture and Allied Activities.

Benefit
- Loan of upto ₹ 5,00,000. - Interest Subsidy on Short-Term Loans: 4% to farmers who promptly repay their loans. - Interest Subsidy on Long-Term Loans: Equal to the difference between a 4% interest rate and the normal rate charged by eligible Banks, in line with their policies. The subsidy is subject to a maximum limit of 8%.
Level
State — Goa
Ministry / Dept.
Fisheries Department
Benefit type
cash
Key eligibility
> **For Inland Fisheries** - The applicant should own or lease any of the fisheries-related activities, such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess the necessary license for fish farming and fishing-related activities, and any other state-specific fisheries and al
Last verified
Recently

Benefits

- Loan of upto ₹ 5,00,000. - Interest Subsidy on Short-Term Loans: 4% to farmers who promptly repay their loans. - Interest Subsidy on Long-Term Loans: Equal to the difference between a 4% interest rate and the normal rate charged by eligible Banks, in line with their policies. The subsidy is subject to a maximum limit of 8%.

Eligibility

> **For Inland Fisheries** - The applicant should own or lease any of the fisheries-related activities, such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess the necessary license for fish farming and fishing-related activities, and any other state-specific fisheries and alArea: GoaBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Offline application — step 1

      Step 1: The interested applicant should request the prescribed format of the application form from the department.

    2. Step 2: Offline application — step 2

      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).

    3. Step 3: Offline application — step 3

      Step 3: Submit the duly filled and signed application form along with the documents to the concerned authority at the Department of Fisheries, Dayanand Bandodkar Marg, Patto Colony, Panaji Goa - 403 521, or to the official posted at BDO Office/ Sub-Offices of the Department of Fisheries.

    4. Step 4: Offline application — step 5

      Grievance Redressal

    5. Step 5: Offline application — step 6

      Any dissatisfaction or complaint about any service or its standards can be registered with the Department's Grievance Redressal Officer . The grievance can also be lodged on the link [email protected] . All complaints will be acknowledged by us and final action taken will be communicated within 30 days.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

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