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Interest Subsidy on Loans for Agriculture and Allied Activities

Housing & Shelter Min Age: N/A Profession: All

🎯 Quick Insight

The Interest Subsidy on Loans for Agriculture and Allied Activities is a significant initiative categorized under Housing & Shelter. It is designed to provide targeted assistance to eligible beneficiaries, helping them achieve better outcomes in housing & shelter.

Complexity Medium
Popularity High
Verification Jan 2026

πŸ“ Overview & Benefits

Loan of upto β‚Ή 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%.

βœ… Eligibility Criteria

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 allied activities.

The applicant may include fishers, fish farmers (individual & groups/partners/share/croppers/tenants/farmers), self-help groups, joint liability groups, and women groups.

For Marine Fisheries

The applicant should own or lease a registered fishing vessel/boat, possess the necessary fishing license/permission for fishing in estuaries and sea, engage in fish farming/mariculture activities in estuaries and open sea, and participate in any other state-specific fisheries and allied activities.

πŸš€ Application Process

Offline

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

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 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.

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Grievance Redressal

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 dir-fish.goa@nic.in. All complaints will be acknowledged by us and final action taken will be communicated within 30 days.

πŸ“„ Documents Required

Quotation Bill

Aadhaar Card of Applicant

Vessel Registration Certificate

Fishing & Net Licence Receipts

Letter From Bank to Avail Loan

Copy of Permission Letter Issued by Directorate of Fisheries to Construct Canoe/trawler/purseiner/purchase of New Net

Copy of Certificate Issued by Coastal Aquaculture Authority for Construction/renovation of Prawn Farming

Inspection Report From Fisheries Officer

Mandate Form

🏷️ Related Tags

Housing & Shelter Schemes 2026 Apply for Interest Subsidy on Loans for Agriculture and Allied Activities Government Welfare India

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πŸ’‘ Editor's Tip

Before applying for Interest Subsidy on Loans for..., ensure you have your Aadhar card and bank details ready. Most rejections happen due to mismatched documents.

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πŸ“‹ Eligibility Tracker

  • Category Housing & Shelter
  • Min Age 18+
  • Residency India
  • Status ● Active

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