how to apply kisan credit card scheme online


How to apply online Kisan Credit Card : Kisan credit card has been specially designed to provide financial assistance to the farmers of the country. The objective of this Kisan credit card scheme, launched in 1998, is to meet the comprehensive financial needs of the agriculture sector by giving term loans. The model was developed by the National Bank for Agriculture and Rural Development. Various commercial banks, state co-operative banks and regional rural banks are the participating members who offer the card.

How to apply online Kisan Credit Card : How to apply Kisan Credit Card Scheme online

Kisan Credit Card Apply Process

Kisan credit card will help farmers to secure timely loans at reasonable rates of interest in a hassle free manner. Farmers will not need to appear for the continuous screening process which is done by the banks for giving term loans. One can take maximum advantage of Kisan credit card! He will be provided with a passbook containing his name, credit limit, photograph, validity and details of his land holdings. Timely payment of past loans like Kisan Credit (KCC) and land holding in his name. The basic idea behind the card is to ensure that farmers in the country are given adequate credit under a single window.

Purpose of Kisan Credit Card

Farmers in India are often dependent on non-institutional and informal sources of credit. So that they can buy agricultural inputs. Kisan credit card Many of them are not even part of the domain of formal banking. As a result, they end up paying a lot in the form of interest to the money lenders. This creates a vicious cycle of debt for the farmers.

Kisan Credit Card (KCC) which becomes difficult for the lender to repay. To tackle the same, a Kisan credit card has been created. So that the farmers can fulfill their farming needs on time. Kisan credit card ( Kisan credit card ) can be used to buy inputs like pesticides, high yielding seeds and fertilisers. In addition, they can also use the card to withdraw cash as per their requirement.

Benefits of Kisan Credit Card (Kisan Credit Card Benefits)

There are many benefits that are associated with Kisan Credit Card.

  • The process of giving loans to farmers has become easier and even those who are illiterate have benefited from it.
  • The farmer gets flexibility when it comes to repaying the loan amount.
  • There is a provision to increase the loan limit on the basis of agricultural income.
  • The card holder gets the facility of insurance which can provide protection to the notified crops. Because they come under crop insurance scheme. Some types of crops come under it.
  • The rates of interest are comparatively low as compared to other normal loans.

How to apply Kisan Credit Card Scheme online?

  • First of all you need to know about PM Kisan Samman Nidhi Yojana official website (pmkisan.gov.in) has to go! After visiting the official website, the home page will open in front of you.
  • On this home page, you will see the option of Download KCC Form. You have to click on this option! After clicking on the option, Kisan Credit Card Application Form PDF will open in front of you, from here you can download the application!
  • After downloading the application form, you have to fill all the information asked in the form. After filling all the information, you have to attach all your necessary documents with the application form.
  • After this you have to submit your application form to the bank where your account is opened.

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