Kisan Credit Card Fisheries Scheme, Madhya Pradesh — Zero-Interest Loans — Frequently Asked Questions

No fixed amount is published. The sum is worked out case by case from your own financial requirement, together with the lending norms followed by the cooperative bank handling your application. In practice this means the loan is sized to your fisheries operation rather than to a standard slab.

No. The scheme provides an interest subvention, which brings the effective rate down to zero percent. Cooperative banks are the channel for this credit, so the loan is taken and repaid through them.

You must be an active participant in fisheries work and fall into one of the listed categories: landholding farmer, marginal farmer, small farmer, fish farmer, livestock owner, BPL beneficiary, unorganized worker card holder, or registered worker. Both conditions matter — being in a listed category without actual fisheries engagement does not qualify.

No. This is a Government of Madhya Pradesh scheme, launched through the state's Fisheries Welfare and Fisheries Development Department, and it is intended for beneficiaries within Madhya Pradesh.

There is no closing date. The scheme runs on a rolling basis, so an application can be made at any point in the year as long as the District Fisheries Office is open.

No. This is a debt facility, not an equity investment — neither the department nor the bank acquires any ownership share in the fish farmer's operation. What you receive is a working capital loan, and the state's interest subvention is what makes the borrowing cost zero percent.

Neither appears among the scheme's conditions. Eligibility rests on the applicant belonging to one of the listed farmer or worker categories and being actively engaged in fisheries, rather than on any startup or enterprise registration.

You should be ready with proof of identity, proof of address, paperwork showing your landholding or your engagement in fisheries, and any financial statements the bank asks for. Copies should be self-attested. The office or bank may specify additional papers, so confirm the full list before submitting.

Go to the District Fisheries Office during working hours and ask the designated staff for a hard copy of the prescribed application form. Fill in every mandatory field, attach self-attested copies of the required documents, then submit the signed form along with the papers to the same office. Double-check the details and the attachments before handing them in.

The District Fisheries Office screens it first, checking for completeness and basic eligibility. The cooperative bank then assesses the proposal's financial soundness, your creditworthiness and conformity with the scheme's provisions and its own norms. On that basis the bank decides the loan amount and sanctions the working capital loan, after which disbursement follows.

The listed eligibility categories are all individual — landholding farmer, marginal farmer, small farmer, fish farmer, livestock owner, BPL beneficiary, unorganized worker card holder and registered worker. No separate conditions for companies or other entity types are set out in the scheme's criteria.

Kisan Credit Card Fisheries Scheme, Madhya Pradesh — Zero-Interest Loans is offered by Fisheries Welfare and Fisheries Development Department, Government of Madhya Pradesh, a government body. It is provided as non-dilutive funding.