Kisan Credit Card (KCC) for Fisheries: Who Qualifies and What You Get
Active fishers can access low-interest short-term credit to help manage daily costs and working capital.
This scheme provides active fishers with access to short-term credit to help manage the daily costs of their fishing activities.
Who it's for
This is designed for active fishers who hold a bank account.
What you get
You can access short-term credit to use as working capital. This helps cover the immediate costs needed to keep your fishing operations running, and it is offered at low interest rates.
What it costs you
Depending on the amount you need, you may need to provide collateral, such as a mortgage on your land or boat. However, for smaller amounts up to ₹1.6 lakh, you can access the credit without providing collateral.
The catch to know
Some banks may be hesitant to issue these cards to fishers. To make the process smoother, ensure you have your official registration documents ready and handy when you apply.
How to apply
- Gather your official fishing registration documents.
- Visit your local bank where you hold your account.
- Discuss your credit needs and the KCC for Fisheries with a bank representative.
- Complete the necessary application paperwork.