Mahigeri
Scheme caters to the credit needs of fish farmers covering entire range
of activities including marketing of their produce. The loans are of short,
medium and long term depending upon the purpose. Financing for value addition
process by the fish farmers is also covered under the scheme.
Salient Features:
All
farmers/Fishermen engaged in non farm activity related to
fisheries are encouraged to avail financing facilities
The
loan requirement & tenure of finance depends upon the
purpose and life of the project
The
intending borrower should be able to offer adequate security
acceptable to the bank
Comprehensive
insurance has to be arranged by the borrower where possible