What is Kisan Credit Card
Kisan Credit Card is a type of credit card, through which farmers get easy loans for purchasing fertilizer, seeds, pesticides etc. for farming. The best thing is that the loan available through this card is very cheap. Farmers have to pay interest at this rate of 2 to 4 percent only. The condition is only one and that is to repay the loan on time. The Kisan Credit Card has been linked to the PM-Kisan Samman Nidhi Scheme. Since February 2020, the central government is running a special campaign to make KCC available to farmers.
Also read: NPS Return: Follow this strategy at the age of 30, saving 100 rupees will remove pension and retirement worriesHow to get Kisan Credit Card
>> First of all, visit the official site of PM Kisan Yojana (pmkisan.gov.in). Download the Kisan Credit Card form here.
>> You have to fill this form with the documents of your arable land, details of the crop.
>> This information has to be given that you have not made any other Kisan Credit Card from any other bank or branch.
What documents are needed
>> ID proof like Voter card, PAN card, Passport, Aadhaar card, Driving license. One of these will also become your address proof.
>> KCC can be obtained from any Co-operative Bank, Regional Rural Bank (RRB).
>> This card can also be taken from SBI, BOI and IDBI Bank.
>> National Payments Corporation of India (NPCI) issues RuPay KCC.
Who can take KCC
Now KCC is not limited to farming only. Animal husbandry and fisheries will also be able to get a loan of up to 2 lakh rupees under this. Any person connected with farming, fisheries and animal husbandry, even if he cultivates someone else’s land, can take advantage of it. The minimum age should be 18 years and maximum 75 years. If the farmer is over 60 years of age, then a co-applicant will also be employed. Whose age is less than 60. After filling the farmer’s form, the bank employee will see if you are eligible for it.
Also read: Haven’t you received the PM-Kisan scheme money yet? Know whom and how to contact
Documents required for KCC
Whether the applicant is a farmer or not. For this, his revenue record will be seen. Aadhaar, PAN, photo will be taken for his identity and thirdly his affidavit will be taken that the loan of the applicant is not outstanding in any bank. The government has asked the banking association to expedite the work of making KCC. On the advice of the government, banks have abolished its processing fees. Whereas earlier it cost from 2 to 5 thousand rupees to build KCC.