AGRICULTURE-SOD TO PISCICULTURE FARMERS
Eligibility | Individuals, proprietary concerns, partnership firms and limited companies (with borrower clause and pisciculture as main objective) either existing or new customers. |
Purpose | To provide working capital finance to pisciculture. |
Loan Amount | As per scale of finance fixed by DLTC (Scale finance will be Rs.5.00 lakhs per the hectare) up to a maximum Rs.2.00 crores. |
Rate of interest | Click Here |
Repayment | Borrower must route all the transactions (pertaining to pisci culture through SOD account only). Sale proceed of the fish/prawn must be routed through the account. Even when the total credits during the year are equal to the debts during the period, the A/C may be treated as renewed. |