Loan from KCC Scheme: To avail the benefits of KCC, open an account in SBI, the government will give a loan of Rs 3 lakh...

The central government is running many types of schemes to provide financial help to the people. There are many schemes for the progress of the farmers of the country. The Kisan Credit Card Scheme (KCC) scheme is being run to help the farmers financially. In this scheme, farmers are being given cash for plowing and purchasing seeds before the crop grows.

SBI made fun, giving a loan of Rs 50 lakh for 7 years
To avail of the benefits of this scheme, farmers can open an account with the Kisan Credit Card Scheme. For this scheme, accounts can be opened in the State Bank of India and Post Office. Farmers also get the benefit of interest rate in this account.

Rate of interest
Kisan Credit Card Scheme has been started to provide financial help to the farmers. Under this scheme, farmers get interest up to 7 percent. The government helps farmers with Rs 3 lakh. When the farmer returns the money to the government, he gets a rebate of 3 percent. If you take a loan under this scheme, you have to pay 4 percent interest.

For what purpose does Kisan Credit Card help?
To avail of the benefit of this scheme, you will have to download the KCC scheme form on the official portal of PM Kisan. To avail the benefits of this scheme, the farmer must have an Aadhar card or PAN card. The farmer will have to submit an Aadhaar card, PAN card, and a photograph along with the form to the bank. Farmers can open an account by visiting any branch of SBI, Bank of Baroda or any other bank. When the money arrives in the Kisan Credit Card account, you can then get the money transferred to your account.