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Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()

Get details on Pradhan Mantri Matsya Sampada Yojana () - the fish farming government scheme. Download the application form for loan scheme & Apply Online Today!

Facility amountFunding is need-based and no overall loan ceiling is published. CGTMSE guarantee coverage is available for eligible loans up to ₹2 crore.Rate bandsUp to ₹2 crore: one-year MCLR + 100 basis points. Above ₹2 crore: MCLR + SP + 0.30% to +2.25% based on internal credit rating and immovable-security coverage.Customer typeFarmers, agricultural enterprises and eligible rural borrowers
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Quick eligibility check

Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Fishers, fish farmers, fish workers and vendors, fisheries corporations, SHGs/JLGs, cooperatives/federations, entrepreneurs, private firms, LLPs, companies, cooperative societies and fish-farmer producer organisations/companies?

Published source: Eligible fisheries beneficiaries

2Do you meet this requirement: land record?

Published source: Documents

3Do you meet this requirement: quotation or invoice if available?

Published source: Documents

4Do you meet this requirement: and IT Returns if available?

Published source: Documents

5Do you meet this requirement: Farmers, agricultural enterprises and eligible rural borrowers?

Published source: Customer type

6Document checkDo you have this required document or proof: KYC documents (Aadhaar, Voter ID, PAN Card, Driving Licence etc.)?

Published source: Documents

7Document checkDo you have this required document or proof: passport-size photo?

Published source: Documents

8Document checkDo you have this required document or proof: land record?

Published source: Documents

9Document checkDo you have this required document or proof: quotation/invoice (if available)?

Published source: Documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Eligible fisheries beneficiariesFishers, fish farmers, fish workers and vendors, fisheries corporations, SHGs/JLGs, cooperatives/federations, entrepreneurs, private firms, LLPs, companies, cooperative societies and fish-farmer producer organisations/companies.View source
The official eligibility section lists fisheries-sector beneficiaries and legal forms.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Eligibility Criteria
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Fisheries activities financedInland and marine fisheries/aquaculture, mariculture and seaweed, North-Eastern/Himalayan fisheries, ornamental fisheries, technology, post-harvest/cold chain, marketing infrastructure, deep-sea vessels, aquatic health, monitoring/control/surveillance and fisher safety/security.View source
The official features section enumerates fisheries-sector activities.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Features
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Need-based funding and guaranteeFunding is need-based for the project or borrower. Credit-guarantee coverage may be available under CGTMSE for eligible loans up to ₹2 crore.View source
The official benefits and state need-based funding and the ₹2 crore guarantee ceiling.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Benefits / — Quantum
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Facility optionsCash credit, overdraft, demand loan, term loan, letter of credit and bank guarantee.View source
The official lists fund-based and non-fund-based options.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
— Type of Facility
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Term-loan tenure and moratorium3–15 years including a 6-month to 2-year moratorium; repayment may be monthly, quarterly, half-yearly or yearly based on project cash flow.View source
The official publishes the tenure, moratorium and repayment frequencies.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
— Loan tenure / Repayment
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Project margin15%.View source
The official states a 15% margin.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
— Margin
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Rate bandsUp to ₹2 crore: one-year MCLR + 100 basis points. Above ₹2 crore: MCLR + SP + 0.30% to +2.25% based on internal credit rating and immovable-security coverage.View source
The official rate table publishes the ₹2 crore threshold and rating/security-linked range.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
— Rate of Interest
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Government assistanceCombined Centre and State/UT assistance is limited to 40% of project/unit cost for general beneficiaries and 60% for SC/ST women.View source
The official scheme page publishes the 40% and 60% assistance ceilings.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Benefits / — Funding Pattern
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
SecurityHypothecation of financed movable structures/equipment/machinery, mortgage of land and buildings, hypothecation of stock and book debts, personal guarantees of proprietors/partners/promoters/directors, charges on financed fixed/current assets and any other acceptable security.View source
The official enumerates the security package.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
— Security
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Processing and inspection chargesProcessing is waived up to ₹3 lakh. Above that, fund-based working-capital charges are ₹250 per lakh above ₹3–10 lakh and ₹350 per lakh above ₹10 lakh capped at ₹35 lakh; non-fund-based charges are 50% of fund-based charges with priority/export caps. Term-loan processing is 1% capped at ₹100 lakh. Inspection is waived up to ₹3 lakh, then ₹250, ₹1,000 or ₹5,000 by exposure band.View source
The official fee section publishes facility-specific processing and inspection charges.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Fees & Charges
Accessed
23 Aug 2026
Confidence
high
Open official source ↗
Turnover / vintageNo turnover or operating-vintage threshold is published. Eligible beneficiaries include fishers, fish farmers, fish workers/vendors, fisheries corporations, SHGs/JLGs, cooperatives, entrepreneurs, private firms and fish-producer organisations.View source
The official eligibility section lists beneficiaries and no turnover or vintage threshold.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Eligibility Criteria
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Facility amountFunding is need-based and no overall loan ceiling is published. CGTMSE guarantee coverage is available for eligible loans up to ₹2 crore.View source
The page states need-based funding and a ₹2 crore guarantee threshold, but no overall facility cap.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Benefits / /
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
DocumentsKYC documents such as Aadhaar, Voter ID, PAN Card or Driving Licence; passport-size photograph; land record; quotation or invoice if available; and IT Returns if available.View source
The official document section lists five document groups.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Document Required
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Geographic limitsThe scheme page does not publish a general territorial restriction. It specifically includes development of fisheries in North-Eastern and Himalayan States/Union Territories as one eligible activity; subsidy implementation follows Centre/state or Union Territory rules.View source
The page names a regional activity and state/UT subsidy implementation but no general customer-territory boundary.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana ()
Page / section
Features / Funding Pattern
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Customer typeFarmers, agricultural enterprises and eligible rural borrowersView source
The manually reviewed product record states: “Farmers, agricultural enterprises and eligible rural borrowers”.
Source
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana () — official product page
Page / section
Published product metadata
Accessed
15 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Inland and marine fisheries/aquaculture, mariculture and seaweed, North-Eastern/Himalayan fisheries, ornamental fisheries, technology, post-harvest/cold chain, marketing infrastructure, deep-sea vessels, aquatic health, monitoring/control/surveillance and fisher safety/security.

Eligibility

  • Fishers, fish farmers, fish workers and vendors, fisheries corporations, /, cooperatives/federations, entrepreneurs, private firms, , companies, cooperative societies and fish-farmer producer organisations/companies.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • documents (Aadhaar, Voter , Card, Driving Licence etc.)
  • passport-size photo
  • land record
  • quotation/invoice (if available)
  • IT Returns (if available)

Related official documents

Rural & Agri loan catalogue — Financing Irrigation entryofficial-product-catalogue · Targeted eligibility cross-check for Financing Irrigation · accessed 28 Sept 2026
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PMMSY — official indexed product-page snapshotofficial-product-page-indexed-snapshot · Stale indexed programme page; current availability unresolved · accessed 27 Sept 2026
↗
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana — official pageofficial-product-page · current · accessed 30 Aug 2026
↗
Priority Sector Loans Interest Rates — Farm Credit A.1 schedule and scope footnoteofficial-interest-rate-page · Targeted current A.1 comparison; product-page rate rows remain primary and tariff scope is explicitly qualified · accessed 28 Sept 2026
↗

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Loan repayment estimate

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One monthly payment₹12,945twelve thousand nine hundred forty-five rupees
Interest paid over the full loan₹6,06,850six lakh six thousand eight hundred fifty rupees
Everything you repay₹31,06,850thirty-one lakh six thousand eight hundred fifty rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Activities · Published detailInland/marine fisheries and aquaculture, North-Eastern/Himalayan fisheries, ornamental fisheries, technology, post-harvest/cold chain, marketing, deep-sea vessels and aquatic health

This value is copied from financing — published terms. Check the table notes before relying on it.

Source: Scheme for Financing Pradhan Mantri Matsya Sampada Yojana () · Benefits / Features / Eligibility / Documents / Fees / / Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsPMMSY financing — published termsPublished activities, beneficiaries, funding, subsidy, guarantee, rates, fees and documents.View tableHide table

Scroll sideways to view every column

PMMSY financing — published terms
ParameterPublished detail
ActivitiesInland/marine fisheries and aquaculture, North-Eastern/Himalayan fisheries, ornamental fisheries, technology, post-harvest/cold chain, marketing, deep-sea vessels and aquatic health
BeneficiariesFishers, fish farmers/workers/vendors, corporations, /, cooperatives/federations, entrepreneurs, private firms and fish producer organisations
FundingNeed-based project/borrower funding
Guarantee coverage for eligible loans up to ₹2 crore
SubsidyCentre/state or UT assistance limited to 40% of project/unit cost for general and 60% for SC/ST women
Rate up to ₹2 croreOne-year + 100 bps
Rate above ₹2 crore + + 0.30% to +2.25% based on rating and immovable security coverage
ProcessingNil up to ₹3 lakh; working-capital bands and term-loan 1% above ₹3 lakh as published
Documents, passport photo, land record, quotation/invoice if available and if available
Scheme periodPage states five years from 2020–21 to 2024–25
Scheme for Financing Pradhan Mantri Matsya Sampada Yojana () · Benefits / Features / Eligibility / Documents / Fees / / · accessed 30 Aug 2026Open official source ↗

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