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Eligibility |
Individuals, proprietary concerns, partnership firms and limited companies (with borrower clause and pisciculture as main objective) either existing or new customers. |
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Purpose |
To provide working capital finance to pisciculture. |
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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. |
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Rate of interest |
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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. |
