To meet the short term Credit requirement of the farmers for rearing animals, birds, fish, shrimp, other aquatic organisms, capture of fish.
To meet the short term Credit requirement of the farmers for rearing animals, birds, fish, shrimp, other aquatic organisms, capture of fish.
The criteria for eligible beneficiaries under KCC for Animal Husbandry and Fisheries is as under :
Margin | NIL | ||||||||||
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Security |
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Repayment | The loan will be in the nature of a revolving cash credit limit. Repayment will be fixed as per the cash flow/income generation pattern of the activity undertaken by the borrower. The operative short term WC limit will be valid for 5 years subject to annual review. |
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Prudential norms | The accounts will be auto classified as NPA if the/interest is not serviced within 90 days from due date. |