For agriculture, farmers often require financial assistance, leading many to take loans at high-interest rates, burdening them with debt. To provide economic support to farmers, various schemes are implemented, and one such scheme is the Kisan Credit Card Scheme. What documents are necessary to avail the benefits of this scheme?
Business Desk, New Delhi: Alongside the PM Kisan Samman Nidhi Yojana initiated by the central government, state governments are implementing various schemes for the welfare of farmers. One such scheme is the Kisan Credit Card Scheme, launched to provide farmers with loans at lower interest rates.
In reality, farmers often need to take loans for agricultural activities, and the burden of high-interest loans often leads them into debt. To alleviate farmers from this financial strain, the Kisan Credit Card Scheme was introduced. This scheme provides farmers with a credit card to facilitate easy access to loans.
This scheme, initiated by the National Bank for Agriculture and Rural Development (NABARD), benefits farmers across the country. It’s worth noting that beneficiaries of the PM Kisan Yojana can also avail the benefits of this scheme, and the registration process has been simplified by the government. Farmers typically receive their Kisan Credit Cards within 15 days of applying.
How to Apply: To benefit from this scheme, visit the official website of the respective bank offering the Kisan Credit Card facility. Select the option for the Kisan Credit Card on the bank’s website. Provide all necessary details such as name, mobile number, etc. Upload your documents. Submit the application, and the processing will be completed.
Required Documents: Several documents are necessary for the Kisan Credit Card application. Prepare these documents before applying:
Land documents for your agricultural land. Passport-size photo. Address proof. Aadhar card. PAN card.