To boost aquaculture and improve the livelihood of rural farmers, the Co-operation, Food and Consumer Protection Department, Government of Tamil Nadu, has introduced a specialized loan scheme through the Primary Cooperative Agriculture and Rural Development Bank. This scheme offers financial support to farmers involved in or interested in inland fishing operations, enabling them to establish or expand fish farming on their land.
Key Highlights of Inland Fishing Loan
• Scheme Name: Tamil Nadu Inland Fishing Loan Scheme 2025
• Implementing Authority: Primary Cooperative Agriculture and Rural Development Bank
• Department: Co-operation, Food and Consumer Protection Department, Tamil Nadu
• Loan Amount: Up to ₹3,30,000 per hectare
• Interest Rate: 11% to 12% (subject to revision)
• Application Mode: Offline (via nearest cooperative bank branch)
• Target Group: Farmers involved in inland fishing activities
Benefits of the Scheme
• Financial Assistance: Get up to ₹3,30,000 per hectare to invest in inland fishing infrastructure
• Competitive Interest Rate: Loan available at 11% to 12% interest (subject to periodic updates by the bank)
• Support for Aquaculture: Encourages sustainable fish farming and increased income for rural farmers
• Flexible Use: Funds can be used for pond construction, seed stocking, water management, and related infrastructure
Eligibility Criteria
To apply for this loan, the applicant must meet the following conditions:
• Must be a resident of Tamil Nadu
• Should be a registered farmer
• Must be involved in or planning to start inland fishing activities
• Should use the loan exclusively for inland aquaculture development
How to Apply – Offline Procedure
• Step 1: Visit your nearest Primary Cooperative Agriculture and Rural Development Bank branch
• Step 2: Collect the application form and fill it with accurate personal and project details
• Step 3: Attach the required documents, including identity, address, and land proof
• Step 4: Submit the completed form and documents to the bank official
• Step 5: Request an acknowledgment receipt with submission date and reference number
Necessary Documents for Application
• Proof of Identity: Aadhaar card, Voter ID, or PAN card
• Proof of Address: Utility bill, Ration card, or other government-issued address proof
• Land Ownership Documents: Patta, Chitta, Adangal, or lease agreement (for leased land)
• Photograph: Recent passport-size photo
• Any additional documents as requested by the bank
Frequently Asked Questions (FAQs)
Q: Who can apply for the Tamil Nadu Inland Fishing Loan Scheme?
A: Any farmer residing in Tamil Nadu and involved in or planning to begin inland fishing can apply.
Q: What is the maximum loan amount available under this scheme?
A: The scheme offers financial assistance of up to ₹3,30,000 per hectare.
Q: What is the current interest rate on the inland fishing loan?
A: The loan is available at an interest rate of 11% to 12%, subject to change by the lending authority.
Q: Is there an online application option available?
A: No, currently the application process is offline. Applicants must visit their nearest Cooperative Agriculture and Rural Development Bank.
Q: Can I use the loan for fish feed and equipment?
A: Yes, the loan can be used for all activities related to inland fishing, including infrastructure, stocking, and equipment.
Q: Do I need to own land to avail the loan?
A: You must either own or lease land that is designated for inland fishing activities. Relevant documents must be provided.
Sources and References
• Tamil Nadu Co-operation, Food and Consumer Protection Department
• Official Guidelines from Primary Cooperative Agriculture and Rural Development Bank
