Kisan Credit Card And How Farmers Can Apply For it?
Posted On : May 15, 2020,12:18 pm
To develop the agriculture sector in mind, the Indian government announced Rs 2 lakh crore of concessional credit for 2.5 crore to Indian farmers through Kisan Credit Cards. The subsidy scheme is valid till March 2021.
How to apply for the Kisan Credit Card?
Step 1 – To apply for a Kisan Credit Card, go to your bank website or visit your bank
Step 2 – please Check out the loans option at the index page and search
Step 3 – most important one Read and fill the form completely
Step 4 – Click on the ‘submit’ button
Step 5 – You will get an application reference number
Step 6 – please Save the reference number for future reference
Documents Required for Kisan Credit Cards
you must have the following documents to apply for Kisan Credit Cards
completely filled form and signed application form
And you must have a copy of any identity proof out of PAN card, Aadhaar card, Voter ID or driving license
And you must have a copy of any address proof of Aadhaar card, voter ID or driving license
All the Agri land or farm documents
2 passport size photos of the applicant
Other documents requested by the issuing bank
Benefits of Kisan Credit Cards
so many banks provide various schemes with the KCC. However, some of the basic and important benefits include:
repayment options flexible loan
Hassle-free loan disbursement procedure
Single credit facility for all agricultural requirements
Aid in purchasing fertilizers, seeds, etc.
Available credit for a time of up to 3 years
There maximum flexibility and Minimal documentation requirements
The Funds can be withdrawn through any of the bank’s near branches