Kisan Credit Card loan: A Loan of Rs 3 lakh is available on Kisan Credit Card, avail benefits like this..


This Kisan Credit Card Scheme, one of the welfare schemes of the government, encourages poor farmers to do farming. To save farmers from getting easy loans for farming, they do not have to run from door to door, they do not have to get trapped in paperwork, and the government has started the Kisan Credit Card Scheme. As is clear from the name.


Kisan Credit Card is a card that provides credit i.e. loan facility to the farmers. In this scheme, farmers get loans up to Rs 3 lakh at only 4 percent annual interest. Apart from farming, people involved in fisheries or animal husbandry have also been included in this scheme. They get a loan of only Rs 2 lakh under this. Under this, a loan up to Rs 1.6 lakh is available without any guarantee.

What is the interest rate of the Kisan Credit Card?
The Central Government of India has ordered all the banks to give Kisan Credit Card Loan at low-interest rates at the rate of 4 percent. Therefore, the loan is available at the same interest rate. Full interest has to be paid only if the money is not deposited on time. The discount expires. Without a discount, the interest rate can reach 9 percent. Compound interest is charged if cardholders fail to make timely payments

Let us tell you that with the help of this card, farmers can do everything from managing crops after harvesting to doing dairy work and buying pump sets, etc. The special thing is that this card provides loans of up to Rs 3 lakh to farmers in a very short time and with very few documents.

Benefits of Kisan Credit Card
Many times it has been seen that due to lack of money, farmers are not able to do farming on time. But with the help of KCC, farmers are given loan facilities sitting at their homes. In return, farmers can buy agricultural equipment, fertilizers, seeds pesticides, etc., and do farming on time.

However, how much loan a farmer can get from KCC depends on his annual income, cultivable land, and credit history as well as the yield of the previous crop and the fertility of the land. Today, along with farming, the Kisan Credit Card facility is also being provided for animal husbandry and fisheries.

Where to get a Kisan Credit Card
For information, let us tell you that to become beneficiaries of the Kisan Credit Card, farmers can contact any cooperative bank, regional rural bank, or any public sector bank.

KCC loan facility is now available online also. The best thing about it is that once KCC is made, it can help the farmers for 5 years. When its validity ends after five years, farmers can fill out the form again and can also apply online.

Documents required to make KCC
completed application form
Identity Card- In this, you can give anything like a PAN Card, Passport, Aadhar Card, or Driving License.
Address proof, in this also you can give a PAN card, Aadhar card, Voter ID, or driving license.
land documents
passport-size photo
The bank may also ask for some more documents.


There will be a double benefit in PM Kisan
Let us tell you that farmers who are beneficiaries of PM Kisan Samman Nidhi (PM Kisan Smmaan Nidhi Yojna) can also avail the benefit of a Kisan Credit Card. For this, PM Kisan Kare beneficiaries will have to submit only 3 documents, which include an Aadhar card, PAN card, and passport-size photo.

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