The central government is running various schemes for financial help, in which special attention has been given to the farmers. Through the Kisan Credit Card Scheme (KCC), the government is trying to make the farmers self-reliant. Under this scheme, farmers are provided with the cash required to buy plowing and seeds before growing the crop, so that they can do their agricultural activities in a better way and get financial stability.

According to the Ministry of Agriculture and Farmers Welfare, the objective of the Kisan Credit Card Scheme is to provide loans to farmers at low interest rates through the banking system for their farming and other needs. Farmers should go to the nearest bank branch today and open a Kisan Credit Card (KCC) account. Accounts are being opened under the scheme in the State Bank of India and Post Office.

3 lakh rupees are available at only 4 percent interest-
To provide financial assistance to farmers to complete agricultural work, the Kisan Credit Card Scheme is being run to provide loans at affordable interest rates and easy methods. Through this scheme, farmers can take loans up to Rs 3 lakh at a maximum interest rate of 7 percent. The government also gives a discount of 3 percent on the interest rate on farmers who return the loan on time. In this way, interest has to be paid at the rate of only four percent on the loan taken under the scheme.

Kisan Credit Card loan is available for these works-

Every farmer in the country is being given the benefit of the Kisan Credit Card Scheme. The age limit for application has been fixed from 18 to 75 years. Under the scheme, loans are given for many types of agriculture-related works including fertilizer seeds, agricultural machinery, fish farming, and animal husbandry.

What should farmers do to apply for a Kisan Credit Card loan?

To avail of the benefit of the KCC scheme, the applicant farmer has to download the KCC form from the PM Kisan portal. The applicant has to enter the farming documents and their details in the form along with an Aadhaar Card, PAN Card, and a photograph and open an account in the nearest State Bank of India, Bank of Baroda, or any other bank branch, after which the loan amount will be transferred to the concerned account.

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