Baroda Animal Husbandry and Fisheries Kisan Credit Card (BAHFKCC) Scheme

• Nil Processing Charges for aggregate loan upto Rs 3.00 Lakhs
• Nil Inspection Charges for aggregate loan up to Rs 3.00 Lakhs
• Simple interest is applied till due date of repayment
• Credit Balance will attract interest as in saving bank rate
• No penal interest is charged up to limit of Rs. 25000.00
• Free Personal Accidental Insurance of Rs. 50000.00
• Loans up to Rs. 2.00 Lakhs will be charged @ 7%p.a, subject to Govt. of India providing Interest Subvention to Bank on such advances.
• Prompt Repayment Incentive of 3% per annum for loans up to Rs 2.00 lakh for borrowers with timely repayment. However, the interest subvention and prompt repayment incentive benefit on working capital (i.e Crop Loan+ Working capital loan for animal husbandry and fisheries) will be available only on an overall limit of Rs 3.00 lakh per annum and subject to maximum limit of Rs 2.00 lakh per farmer involved in activities only related to animal husbandry and /or fisheries.
• Credit Guarantee for loans upto Rs 10.00 lakhs is available under Credit Guarantee Fund for Micro Units (CGFMU)

• This loan provides adequate and timely credit support to farmers related to Animal Husbandry and Fisheries
• The scheme will meet the Short Term & Long Term credit requirements of the farmers involved in activities related to Animal Husbandry and Fisheries i.e rearing of animals, birds, fish, shrimp, other aquatic organism and capture of Fish.

The eligibility criteria for beneficiaries under the scheme will be as under:

Dairy, Poultry and small ruminant:

Farmers, Dairy/Poultry farmers, either individual or joint borrower, Joint Liability Groups or Self Help Groups including tenant farmers, who are rearing dairy animals/sheep/ goats/ pigs/ rabbit /poultry birds and having owned/ rented/ leased sheds.

Fishery:

Inland Fisheries and Aquaculture:

• Fishers, Fish Farmers (Individual & groups/partners /share croppers /tenant farmers), Self Help Groups, Joint Liability Groups and women groups.
• The beneficiary must own or lease any of the fisheries related activities such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess necessary license for fish farming and fishing related activities, and any other State specific fisheries and allied activities.

Marine Fisheries:

Fishers, Fish Farmers (Individual & groups/partners /share croppers /tenant farmers), Self Help Groups, Joint Liability Groups and women groups who own or lease registered fishing vessel/boat, possess necessary fishing license/permission for fishing in estuary and sea, fish farming/ mariculture activities in estuaries and open sea and any other state specific fisheries and allied activities.

• Application Form
• Two Passport Sized Photographs
• ID Proof like Driving License, Aadhaar Card, Voter ldentity Card, Passport etc. Any one of these document need to be taken. According to the RBI circular Aadhaar number along with PAN number or Form 60 as defined in Income Tax rule, 1962 is mandatory for conducting customer due diligence procedure
• Documents stating land holding details duly certified by the revenue authorities/ Online Land records (wherever it is available)
• Necessary fishing license/permission for fishing in estuary and sea
• Necessary license for fish farming and fishing related activities, and any other State specific fisheries and allied activities related license from respective department

Processing Charges:

For Working Capital (Fresh/Review)

Fund Based:

• Loan upto Rs 3 Lakhs – Nil
• Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250/- Lac or part thereof +GST
• Above Rs 10 Lakhs – Rs 350/lakhs or part thereof maximum Rs 35.00 Lakhs (For exporters ` 17.50 Lacs)

For Term Loan

• Above Rs 3 Lakhs - 1% of the limit sanctioned with a maximum of Rs 100 lakhs

Inspection Charges:

• Upto Rs 3 Lakhs – Nil
• Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250
• Above Rs 10 Lakhs to Rs 1 Crore – Rs 1000
• Above Rs 1 Crore – Rs 5000