Kisan Credit Card Yojana 2024: Farmers in India run with a lack of money most of the time as they get money after the cultivation of crops and the crop cultivation takes 4 to 6 months. The Kisan Credit Card Yojana 2024 is launched to cater to the immediate need for funds for the farmers. The loan amount will be delivered at a lower interest rate to the farmers. Get full details of Kisan Credit Card Yojana 2024 below.
Kisan Credit Card Yojana 2024
The RBI Bank initiated the scheme of Kisan Credit Card Yojana 2024 in 1998 with the collaboration of NABARD Bank. A person who is a farmer and requires a loan can visit the nearest bank and ask about the Kisan Credit Card Yojana 2024. The bank will ask you to fulfill the formalities for the Kisan Credit Card Yojana 2024 and apply there to get the loan amount.
| Scheme Name | Kisan Credit Card Yojana 2024 |
| Objective of Scheme | To provide loans at lower interest rates to farmers |
| Interest Rate | 4% |
| Maximum Loan Amount | Rupee 3 Lakh |
| Beneficiaries | Farmers |
| Official Website | https://pmkisan.gov.in/ |
Pradhan Mantri Kisan Credit Card Yojana: Eligibility
The farmers can get a loan amount of Rs 3 Lakh on the interest rate of 4% under the Kisan Credit Card Yojana 2024. The eligibility needs for the scheme are listed below.
- The farmers whose age is more than 60 years should involve another applicant with them while applying for the Kisan Credit Card Yojana 2024.
- The Kisan Credit Card Yojana 2024 also includes the fisherman and livestock person.
- The person who is farming on someone else land can also apply for the Kisan Credit Card Yojana 2024.
- The farmer must be aged more than 18 years for the Kisan Credit Card Yojana 2024.
Pashu Kisan Credit Card Yojana 2024
The govt has started another similar scheme named Pashu Kisan Credit Card Yojana 2024 for the farmers who do animal husbandry. In this scheme also the interest rate on the loan will be 4%. Animal husbandry farmers do not need to go anywhere to apply for a loan, they should visit the bank and apply for Pashu Kisan Credit Card Yojana 2024.
Kisan Credit Card Scheme 2024 Benefits List
- The loan is provided at a lower interest rate which is only 4%.
- The farmers can return the loan amount in five years.
- The farmer can be from anywhere in India to apply for the Kisan Credit Card Yojana 2024.
- There are other facilities also under the Kisan Credit Card Yojana 2024.
Kisan Credit Card Yojana Online Apply
- The applicants can apply for the Kisan Credit Card Yojana 2024 from the official website of the govt or they can visit the nearest bank in which they have the bank account.
- Every bank supports the Kisan Credit Card Yojana 2024.
- You should ask about the application form for the Kisan Credit Card Yojana 2024.
- Then, fill out the loan application form and attach the documents with the loan form.
- Submit the Kisan Credit Card Yojana 2024 form to the bank.
- The bank will open the loan account by the name of Kisan Credit Card Yojana 2024 and will issue the loan amount after the verification of documents & land.