Sarkari Yojana

Interest Subsidy on Loans for Agriculture and Allied Activities

Goa
Quick Summary: Goa's Department of Fisheries offers loans of up to ₹ 5,00,000 for agriculture and allied activities, with a 4% subsidy on short-term loans for prompt repayers and up to 8% on long-term loans.

About Interest Subsidy on Loans for Agriculture and Allied Activities

The Department of Fisheries, Government of Goa, runs the scheme “Interest Subsidy on Loans for Agriculture and Allied Activities”. Bonafide agriculturists and people working in the animal husbandry sector/ fisheries sector in Goa can get a loan of up to ₹ 5,00,000 for Agriculture and Allied Activities. Applications are taken offline only.

Scheme Overview

Government Level

State Government

Eligible Entity

Individual

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Interest Subsidy on Loans for Agriculture and Allied Activities, applicants must satisfy the following conditions:

For Inland Fisheries

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Applicants must own or lease a fisheries-related facility…

Applicants must own or lease a fisheries-related facility such as a pond, tank, open water body, raceway, hatchery or rearing unit, hold the licence needed for fish farming and fishing-related work, and may also be engaged in other state-specific fisheries and allied activities.

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Fishers, fish farmers (individual & groups/partners/share/croppers/tenants/farmers), self-help groups,…

Fishers, fish farmers (individual & groups/partners/share/croppers/tenants/farmers), self-help groups, joint liability groups, and women groups can all apply. For Marine Fisheries

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Applicants must own or lease a registered fishing…

Applicants must own or lease a registered fishing vessel/boat, hold the fishing licence/permission for estuaries and sea, carry out fish farming/mariculture in estuaries and open sea, and take part in other state-specific fisheries and allied activities.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Interest Subsidy on Loans for Agriculture and Allied Activities provides the following benefits to eligible applicants:

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Loans of up to ₹ 5,00,000 are available

Loans of up to ₹ 5,00,000 are available.

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Interest Subsidy on Short-Term Loans

Interest Subsidy on Short-Term Loans: farmers who repay on time get 4%.

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Interest Subsidy on Long-Term Loans

Interest Subsidy on Long-Term Loans: the gap between a 4% rate and the normal rate eligible Banks charge under their policies is covered, up to a ceiling of 8%.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

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Bill of Quotation

Bill of Quotation

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Applicant's Aadhaar Card

Applicant's Aadhaar Card

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Registration Certificate of the Vessel

Registration Certificate of the Vessel

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Receipts for Fishing & Net Licence

Receipts for Fishing & Net Licence

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Bank Letter for Availing the Loan

Bank Letter for Availing the Loan

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Directorate of Fisheries Permission Letter (copy) to Build…

Directorate of Fisheries Permission Letter (copy) to Build a Canoe/trawler/purseiner/purchase of New Net

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Coastal Aquaculture Authority Certificate (copy) for Construction/renovation of…

Coastal Aquaculture Authority Certificate (copy) for Construction/renovation of Prawn Farming

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Fisheries Officer's Inspection Report

Fisheries Officer's Inspection Report

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Mandate Form

Mandate Form

Ensure all documents are valid and, where required, duly attested before submitting your application.

How to Apply

Offline Application

Applicants can apply for Interest Subsidy on Loans for Agriculture and Allied Activities through the offline application process outlined below.

1️⃣

Ask the department for the prescribed format of…

Ask the department for the prescribed format of the application form.

2️⃣

Complete all mandatory fields, paste a passport-sized photograph…

Complete all mandatory fields, paste a passport-sized photograph (signed across, if required), and attach copies of the mandatory documents (self-attested, if required).

3️⃣

Deliver the signed form and documents to the…

Deliver the signed form and documents to the concerned authority at the Department of Fisheries, Dayanand Bandodkar Marg, Patto Colony, Panaji Goa - 403 521, or to the official stationed at the BDO Office/ Sub-Offices of the Department of Fisheries. Grievance Redressal Complaints or dissatisfaction about any service or its standards may be taken up with the Department's Grievance Redressal Officer, or sent to dir-fish.goa@nic.in. Every complaint will be acknowledged, and the final action will be communicated within 30 days.

Ensure all required documents are ready before starting the application process.

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References