Good News! Kisan Loan Portal will start today, it will be easier for Kisan Credit Card holders to get loan

Good News!  Kisan Loan Portal will start today, it will be easier for Kisan Credit Card holders to get loan

A big gift is being given by the Central Government to the farmers across the country. Now Kisan Credit Card for farmers (Kisan Credit Card) will become easier to take loan through. It is being told that Finance Minister Nirmala Sitharaman (Nirmala Sitharaman) and Agriculture Minister Narendra Singh Tomar (Narendra Singh Tomar) will inaugurate ‘Kisan Loan Portal’ today to help in getting subsidized loans. A manual of door-to-door KCC campaign and Weather Information Network Data System (WINDS) portal will also be presented in an event to be organized at Pusa campus. According to the Agriculture Ministry, the Kisan Loan digital platform provides a comprehensive view of farmer data, loan disbursement specifications, interest subvention claims and scheme utilization progress, promoting seamless integration with banks for more focused and efficient agricultural credit. gives.

7.35 crore KCC account holders in the country

A statement from the Central Government said that as of March 30, there are about 7.35 crore KCC accounts, whose total sanctioned limit is Rs 8.85 lakh crore. According to government data, the government has distributed agricultural loans worth Rs 6,573.50 crore at concessional interest rates during April-August in the current financial year. The door-to-door campaign to extend the benefits of KCC will reach out to non-KCC holders of the central scheme ‘PM-KISAN’, under which Rs 6,000 is given annually in the bank account of each identified beneficiary farmer.

What is Kisan Credit Card Scheme

Kisan Credit Card Scheme (Kisan Credit Card Scheme) is a scheme run by the Government of India that provides loans and financial services related to farming to farmers. Its objective is to provide farmers the benefit of obtaining appropriate business loans and various financial services related to farming so that their economic condition can be strengthened. This scheme is run by the Government of India for the beneficiaries of farmers so that they can be helped in financial security and obtaining loans. Understand about it in easy points.

  • To whom the scheme benefits: Kisan Credit Card Scheme benefits those individuals whose main commission is farming and who have various financial needs related to agriculture.

  • Credit Limit: Kisan Credit Card holders are given a fixed loan credit limit which can be used for various farming related needs.

  • Loan Interest Rate: The interest rates on loans given under this scheme are exceptionally low so that farmers can get affordable loans.

  • Payment Arrangements: Recovery of loan is easy and is usually done through purchasing monetary institutions.

  • Waiver Scheme: Farm insurance scheme is also available to the farmers which pays for the losses incurred due to various natural calamities and disasters.

How to apply for Kisan Credit Card

To apply for Kisan Credit Card, you have to visit your nearest Kisan Credit Card Center (KCC) or your bank branch. Complete information about this can be obtained from the website of any bank. Along with this, you can also get information about it from the nearest CSC center. Collect the application form from your bank or Kisan Credit Card centre. Fill the form carefully and submit it along with all the required documents. The application form and documents submitted by you will be reviewed by your bank or Kisan Credit Card centre. If all documents and application are received and correct, your application will be approved. When your application is approved, you are notified to receive the Kisan Credit Card. This card is linked to your bank account and allows you to get loans and access financial services related to farming. However, the process and requirements of different banks and Kisan Credit Card centers may differ, so it is best that you get the details from your local bank and act as per their demand.

You may need the following documents to apply for KCC:

  • Aadhar Card and PAN Card

  • Gram Panchayat Documents (Farmer’s land ownership certificate, farm map, etc.)

  • passport size photograph

  • Income certificate (based on farmer’s income)

  • Bank account passbook or bank statement

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