Pradhan Mantri Matsya Kisan Samridhi Sah-yojana (PM-MKSSY): COMPONENT 1B: One-Time Incentive for the Adoption of Aquaculture Insurance
✓ Information verified — June 2026The Component 1B of PM-MKSSY provides a one-time incentive to eligible applicants who have availed institutional credit for fisheries-related activities. The objective is to encourage formal credit adoption and support the repayment capacity of fisheries microenterprises.
What You Get
- One-time incentive amount provided to eligible applicants
- Incentive given for those who have taken institutional credit (bank loans) for fisheries activities
- Support provided to help repay aquaculture and fisheries loans
- Encourages adoption of insurance for fish farming activities
Who Can Apply
- Age: 18–60 years
- Must be engaged in fisheries or aquaculture activities
- Must have availed institutional credit (bank loan or loan from financial institution) for fisheries-related work
- Applicant should be the borrower or co-borrower in the institutional credit account
- Should not have defaulted on previous loans
- Available to applicants across all Indian states
Documents Needed
0/6 collected
- 1. Aadhaar Card
- 2. Bank Loan Document
- 3. Fisheries License
- 4. Bank Passbook
- 5. Identity Proof
- 6. Address Proof
How to Apply
- 1Check your eligibility criteria above
- 2Gather all required documents listed below
- 3Visit the official portal (linked below)
- 4Fill the application form online / offline
- 5Submit the form and note your application reference number
- 6Track status on the official portal or visit nearest CSC
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Quick Facts
- Scheme Level
- Central Government
- Ministry
- Ministry of Fisheries,Animal Husbandry and Dairying
- Category
- Agriculture
- Target Gender
- All genders
- Age Group
- 18–60 years
- Application
- Check portal
- Last Updated
- 14 Jun 2026
Official Source
Last Verified
14 June 2026
Official Portal
www.myscheme.gov.in/schemes/pmmkssy-1b…Nodal Ministry
Ministry of Fisheries,Animal Husbandry and Dairying
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