Kisan Credit Card Apply Gujarat Kisan Credit Card will not appear many times, this is easy jugad, low interest loan facility for farmers,
Kisan Credit Card Apply Gujarat: Government provides low interest rate loans for farmers, loans are provided through Kisan Credit Card, also called Kisan KCC. Another facility is provided in Kisan Credit Card. Farmers can start new businesses in animal husbandry and seed works along with purchase of fertilizers and seeds
The rate of interest in Kisan Credit Card is also very low due to which the farmers do not face any problem in giving money. And the government also brings interest waiver scheme from time to time, due to which the farmers are allowed to repay only the loaned amount. How many farmers who have not become Kisan Credit Card beneficiaries, in this article we are giving information how you can create Kisan Credit Card.
Kisan Credit Card Apply Gujarat: Details
Scheme Name Kisan Credit Card Yojana.
Whose plan is it? Central Govt
Kisan Credit Card Scheme Implementation 1998
Beneficiaries are all farmers
The objective is to provide loans at low interest rates.
When was the Kisan Credit Card scheme launched?
Kisan Credit Card Scheme Kisan Credit Card Scheme was launched in the year 1998. Kisan Credit Card is a type of loan. Which gives loans to farmers at cheap interest rate (4%) through banks. The scheme was jointly launched in 1998 by the Government of India, Reserve Bank of India and NABARD under the name Kisan Credit Card. Kisan credit card scheme list, Kisan credit card form pdf
What are the benefits of Kisan Credit Card? Under the Kisan Credit Card scheme, a farmer can get a loan of up to 3 lakh rupees at an interest rate of 4 percent.
If the farmer repays the loan on time, the farmer gets 3 percent subsidy.
Loans up to Rs 1.60 lakh are available under the Kisan Credit Card scheme
Farmers do not have to pay security deposit in Kisan Credit Card Scheme.
What is the interest on Kisan Credit Card Yojana? If you spend Rs. If you have taken a Kisan Credit Card loan up to 3 lakhs, you will get Kisan Credit Card interest.
You have to keep in mind the date on which you took the loan.
You have to repay all the loan together with interest once before the maturity date of the loan. (To take it again the next day.)
After repayment, you get 3% interest concession from the government on loans up to Rs 3 lakh.
The total interest rate on Kisan Credit Card is 9 percent. Out of which 2% subsidy is provided by the central government.
If you disburse the loan before the end of the year, you are given an additional 3 percent.
If deposited on time, Kisan credit card loans up to Rs 3 lakh will attract only 4% interest
Kisan Credit Card Yojana will get Accident Insurance ?While giving Kisan Credit Card loan, the bank will provide a farmer under Personal Accident Insurance Scheme Rs. 50000 insured.
All farmers upto 70 years get benefit for this farmers have to pay Rs 5 insurance.
Apart from this, the bank gives 10 rupees for this. In total, the farmer has to pay (5 + 10) Rs 15 to the insurance company for three years.
What documents are required for Kisan Credit Card?
Aadhaar card, bank account, residence proof, land papers If you have taken any loan on land, you have to give this information to the bank.
How to Apply for Kisan Credit Card Online?Visit any bank where you want to apply for Kisan Credit Card Scheme.
Select Kisan Credit Card from the list of options.
Click on the ‘Apply’ option
Fill the form with required details and click on ‘Submit’
An application reference number will be sent on doing this.
If you are eligible, the bank will contact you within 3-4 days for further processing.