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Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (-MKSSY)

Term-loan and cash-credit support for formalising fisheries value chains, aquaculture insurance, safety and quality systems, with performance grants and project-report assistance.

Interest rateAs applicable for General Agriculture Loans; no product-specific percentage is printed.Maximum amountTerm loan based on project cost and working capital by cash-budget method; no universal maximum is published.TenureNo fixed tenure is published; General Agriculture Loan terms apply.
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Quick eligibility check

Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (-MKSSY)

0 of 8 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.

1Do you meet this requirement: fisheries-sector beneficiary and enterprise conditions apply?

Published source: Minimum income

2Do you meet this requirement: Fishers, aquaculture farmers, workers and vendors?

Published source: Eligibility

3Do you meet this requirement: fisheries micro/small enterprises, companies, LLPs, societies, cooperatives, federations, SHGs, FFPOs/FPOs and fisheries startups?

Published source: Eligibility

4Do you meet this requirement: Beneficiaries include people directly engaged in the fisheries value chain and registered proprietary firms, partnerships, companies, societies, LLPs, cooperatives, federations, SHGs, FFPOs/FPOs and startups?

5Document checkDo you have this required document or proof: NFDP/fisheries identity and registration?

Published source: Required documents

6Document checkDo you have at least one of these required documents: Project proposal or bankable project report?

Published source: Required documents

7Document checkDo you have this required document or proof: Entity/fisheries activity KYC?

Published source: Required documents

8Document checkDo you have this required document or proof: Project-cost and cash-budget records?

Published source: Required documents
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

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

Loan typeTerm loan and cash credit for fisheries value-chain enterprises and beneficiaries.View source
The official page lists term loan and cash credit.
Source
-MKSSY
Page / section
Types of Facility Available
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateAs applicable for General Agriculture Loans; no product-specific percentage is printed.View source
The official terms row refers to General Agriculture Loans.
Source
-MKSSY rate review
Page / section
Margin, and other terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkNo product-specific benchmark is published.View source
The page defers terms to General Agriculture Loans.
Source
-MKSSY benchmark review
Page / section
Margin, and other terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published.View source
No appears in the official page.
Source
-MKSSY review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo income threshold is published; fisheries-sector beneficiary and enterprise conditions apply.View source
The official beneficiary section defines sector participants rather than income.
Source
-MKSSY eligibility review
Page / section
Beneficiaries; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountTerm loan based on project cost and working capital by cash-budget method; no universal maximum is published.View source
The official amount row publishes project-cost and cash-budget methods without a ceiling.
Source
-MKSSY quantum
Page / section
Amount of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureNo fixed tenure is published; General Agriculture Loan terms apply.View source
The page defers repayment terms to General Agriculture Loans.
Source
-MKSSY tenure review
Page / section
Margin, and other terms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNo product-specific processing fee is published.View source
No processing charge appears.
Source
-MKSSY fee review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate charge is published.View source
No foreclosure charge is stated.
Source
-MKSSY prepayment review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityFishers, aquaculture farmers, workers and vendors; fisheries micro/small enterprises, companies, LLPs, societies, cooperatives, federations, SHGs, FFPOs/FPOs and fisheries startups.View source
The official beneficiary list covers direct fisheries participants and registered fisheries value-chain organisations.
Source
-MKSSY eligibility
Page / section
Beneficiaries; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsFisheries identity/registration, project proposal, entity KYC, project-cost/cash-budget records, insurance and performance-grant records.View source
The official page requires beneficiary and project evidence and describes report/grant support.
Source
-MKSSY documentation
Page / section
Beneficiaries; Key Feature; Amount of Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Term loan and cash credit
  • Project-cost and cash-budget assessment
  • ₹5,000 support for a bankable project report
  • ₹3,000–₹5,000 success fee where a project report is not required
  • Performance grants and incentives for aquaculture insurance and quality systems

Eligibility

  • Beneficiaries include people directly engaged in the fisheries value chain and registered proprietary firms, partnerships, companies, societies, , cooperatives, federations, , FFPOs/ and startups.
  • The scheme targets formal identity, institutional finance, aquaculture insurance and fish-product safety/quality adoption.

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

Documents the bank lists

  • NFDP/fisheries identity and registration
  • Project proposal or bankable project report
  • Entity/fisheries activity
  • Project-cost and cash-budget records
  • Insurance, performance-grant and bank documents

Related official documents

Interest Rates for Agri Products and Interest Rate Range — Indian Bankofficial-rate-table · current · accessed 31 Aug 2026
↗
Pradhan Mantri Matsya Kisan Samridhi Sah-Yojana (PM-MKSSY) — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine 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.

Use the published table

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Beneficiaries · Published detailFishers/fish farmers/workers/vendors; fisheries micro/small enterprises; , cooperatives, federations, FFPOs/ and startups.

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

Source: -MKSSY · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

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

Table 1 · 7 rows · 2 columnsPM-MKSSY — published termsCurrent Indian Bank fisheries formalisation, finance and performance-support terms.View tableHide table

Scroll sideways to view every column

PM-MKSSY — published terms
ParameterPublished detail
BeneficiariesFishers/fish farmers/workers/vendors; fisheries micro/small enterprises; , cooperatives, federations, FFPOs/ and startups.
PurposeFormal identities, institutional finance, aquaculture insurance and fish-product safety/quality systems.
FacilityTerm loan and cash credit.
AmountTerm loan by project cost; working capital by cash-budget method.
Support₹5,000 for a bankable project report, or ₹3,000–₹5,000 success fee if report not required; performance grants available.
Rate/termsGeneral Agriculture Loan margin, and other terms apply.
Fee/prepaymentNo product-specific fee or prepayment charge published.
-MKSSY · Complete product criteria · accessed 31 Aug 2026Open official source ↗

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