KCC Latest News: Through this scheme with the lowest interest in the country, financial assistance is given to the farmers. In between, subsidy is also announced by the government in the amount of KCC loan.
Kisan Credit Card: Many schemes including PM Kisan Samman Nidhi (PM Kisan Samman Nidhi) have been started by the Central Government for financial help to the farmers. To make the farmers financially strong, the Kisan Credit Card Scheme (KCC Scheme) is being run by the government. Recently, Finance Minister Nirmala Sitharaman, in a meeting with the heads of PSU banks, had ordered to issue Kisan Credit Cards to all the beneficiary farmers of PM Kisan Nidhi.
Farmers get financial assistance
Financial assistance is given to the farmers through this scheme with the lowest interest in the country. In between, subsidy is also announced by the government in the amount of KCC loan. Under this scheme, farmers get money at the lowest interest. Most of the farmers take money from it when needed in agricultural work. This scheme was started by the government to save the farmers from the clutches of moneylenders and high interest.
The amount is available at the rate of 4 percent
In the Kisan Credit Card Scheme, the farmers of the country are given loans at the rate of interest of 7 percent. If the loan amount is returned on time by the farmer, then the farmer is given a rebate of 3 percent in the interest rate. That is, only 4 percent interest remains on the loan amount. The government is trying to provide the facility of Kisan Credit Card to all the PM Kisan beneficiaries of the country in the coming times.
More than 3 crore farmers linked to the scheme
By July 2022, more than 3 crore farmers have been linked to the Kisan Credit Card (KCC) scheme under a special campaign by the government. Under this scheme, the number of beneficiary farmers is increasing continuously. Under the Kisan Credit Card Scheme, those aged 18 to 75 years can apply. In KCC, farmers get loans for many essential things including fertilizers, seeds, agricultural machines, fisheries, animal husbandry. In this, a farmer gets a loan up to a maximum of Rs 3 lakh. In the coming days, this amount can be increased to Rs 5 lakh from the government side.
Apply like this
PM Kisan Nidhi (PM Kisan Nidhi) has been linked to the scheme to make it easier to reach the farmers. Along with this, banks have been asked to use the data of PM Kisan Nidhi Yojana to give its benefit to maximum farmers. The form of Kisan Credit Card is also given on the website of PM Kisan. If you want to get a Kisan Credit Card, then fill the form and submit it to any bank and you will get the benefit of the scheme.
Required Documents
- Aadhaar Card
- PAN Card
- Documents related to agriculture
- Photo of the applicant
- Ration Card
