Many schemes are being run by the central government to help the farmers financially. The government’s ambitious scheme is PM Kisan Yojana. Under this scheme, the government gives an amount of Rs 6 thousand annually to the farmers. Apart from this, the government has started another scheme to reduce the financial burden of the farmers. The name of this scheme is Kisan Credit Card Scheme. Under this scheme, credit card is provided to the farmer. Kisan Credit Card Scheme has been started by the National Bank for Agriculture and Rural Development.
For information, let us tell you that in this scheme of the government, farmers are given the benefit of savings account along with credit card. You can easily get this card made. At the same time, farmers get this card within 15 days. All the beneficiaries availing the benefit of PM Kisan Scheme will get the benefit of this card. Let us know about the other benefits available in this scheme.
Benefits of Kisan Credit Card Scheme
Talking about the benefits of Kisan Credit Card Scheme, farmers can get a loan of up to Rs 3 lakh at an interest rate of 4 percent. If farmers pay the loan on time, then those farmers also get subsidy on loan up to 3 percent. At the same time, farmers can easily take a loan of up to Rs 1.60 lakh. In this, farmers do not have to give collateral.
How to apply in Kisan Credit Card Scheme?
If you want to apply in Kisan Credit Card Scheme, then first of all you have to go to the nearest bank branch and apply. Apart from this, you can also apply online. Banks and district administration are working in full swing to operate the Kisan Credit Card Scheme in a better way.
After applying in this scheme, farmers get the card within 3 months. Due to Kisan Credit Card being digital, farmers do not need to run around. Farmers can easily get the card sitting at home.
