Even earlier than the twelfth installment of PM Kisan Samman Nidhi, the Modi authorities introduced to supply bank card facility to the farmers.
What’s Kisan Credit score Card?
Beneficiaries and eligible farmers of PM Samman Nidhi can make the most of Kisan Credit score Card. Farmers also can settle their crop associated bills by means of Kisan Credit score Card. You possibly can make investments your cash for seeds, fertilizers, machines and so forth. Farmers are additionally given loans at low charges by means of Kisan Credit score Card. The specialty of this scheme is that farmers can get loans as much as 1.60 lakhs with none assure. Other than this, farmers can take a mortgage of as much as Rs 5 lakh in 3 years by means of this card. The federal government can also be giving a rebate of two p.c on the rate of interest. In such a scenario, farmers must pay 7 p.c curiosity as an alternative of 9 p.c.
How you can get Kisan Credit score Card?
You possibly can apply for Kisan Credit score Card by visiting any financial institution. It’s important to fill a type within the financial institution. Together with this, you’ll have to submit some paperwork associated to this scheme. The financial institution will confirm your paperwork. Beneficiaries of PM Kisan Yojana can simply apply for KCC.
Which paperwork shall be required?
Whereas making use of for Kisan Credit score Card you will want paperwork like 2 passport measurement pictures, Aadhar Card, PAN Card and Driving License and so forth.
Tags: farmer information, Kisan Samman Nidhi Scheme, PM Kisan Advantages, Farmer