Even before Prime Minister Kisan Samman Nidhi’s 12th installment, Modi government announced it would provide credit card service to farmers News WAALI

Even before Prime Minister Kisan Samman Nidhi’s 12th installment, the Modi government announced that it would provide credit card facilities to farmers.

Prime Minister Kisan Samman Nidhi: October has already started. Along with this, millions of farmers across the country are now eagerly awaiting Prime Minister Kisan Samman Nidhi’s 12th installment (PM Kisan Samman Nidhi 12th installment). But before that, there is more good news for farmers. The Modi government has announced that it will provide a credit card (Kisan Credit Card) to farmers benefiting from PM Kisan Samman Nidhi. Farmers must immediately apply (How to Apply) to receive its benefits. The biggest advantage of getting a credit card (Kisan Credit Card Benefits) is that it will be easier for farmers to get cheap loans. Through which they can also start many jobs. The Modi government is making every effort to double farmers’ incomes.

Also Read: Big Update on PM Kisan Yojana’s 12th Installment, Rs 2,000 Not Considered Due to These 10 Errors

What is Kisan Credit Card?

Kisan credit card benefit can be used by PM Samman Nidhi beneficiaries and eligible farmers. Farmers can also pay their crop expenses through the Kisan credit card. You can invest your money in seeds, fertilizers, machinery, etc. Farmers also benefit from low-interest loans through the Kisan credit card. The specialty of this program is that farmers can get loans up to 1.60 lakhs without any collateral. Apart from this, farmers can borrow up to Rs 5 lakh in 3 years through this card. The government also gives a 2% discount on the interest rate. In such a case, farmers will have to pay 7% interest instead of 9%.

How to get a Kisan credit card?

You can apply for a Kisan credit card by visiting any bank. You must complete a form at the bank. Along with this, you need to submit some documents related to this scheme. The bank will check your documents. Beneficiaries of PM Kisan Yojana can easily apply for KCC.

What documents will be required?

While applying for Kisan credit card, you will need documents such as 2 passport size photos, Aadhaar card, PAN card and driving license etc.

Published by:Mayur Solanki

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Tags: Farmer News, Kisan samman nidhi diagram, Advantages PM KISAN, farmer

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