Kisan Credit Card Application Process: Increase in the income of farmers in the country and they should not face any kind of problems while doing farming. Keeping this in view, the Central and State Governments are running many wonderful schemes at their respective levels.
If you are also a farmer and take advantage of PM Kisan Samman Nidhi Yojana, then you can also take advantage of the government’s Kisan Credit Scheme. Come, in this news we tell you important things related to this scheme.
Many types of schemes are being run by the Central Government for the development of farmers. One of these is PM Kisan Yojana (PM Kisan Yojana) in which the government gives Rs 6,000 annually to the beneficiaries. This money is available in installments where Rs 2,000 comes into the account in each installment. The beneficiaries of this scheme also get the benefits of Kisan Credit Scheme. Know what is this scheme and how can you apply?
What is Kisan Credit Scheme?
If any farmer wants to start a business related to fish farming, animal husbandry or farming, then he can take a loan under Kisan Credit Card. This is a kind of short term loan in which farmers are given loan facility at cheap interest rates. This loan is given at interest rates ranging from 2% to 4%.
Farmers are given a lot of time to repay this loan. It offers many benefits like low interest rate, insurance coverage and flexible repayment option. Apart from this, beneficiaries also get the facility of smart card, savings account and debit card.
How to apply for Kisan Credit Card? (How to apply for Kisan Credit Card?)
- First of all you have to go to your nearest bank branch and apply.
- Go there and ask for the application form for Kisan Credit Card.
- Along with the form, you will have to attach documents like address proof, income certificate, ID-proof.
- After filling the form, submit it to the bank.
- Your form will be verified and finally you will get Kisan Credit Card.
