Kisan Credit Card (KCC) Yojana

By | 2 Jun, 2020

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The Modi government had decided to issue Kisan Credit Card (KCC) to all the beneficiary farmers of Kisan Sanman Nidhi Yojana. The campaign to declare KKC has started. 1 lakh 60 thousand rupees without any guarantee to about 14 crore farmers through this card. This will require paying a bond for a higher loan.

Only 4% interest!

Beneficiaries of the Farmers Committee Fund Scheme, a 15-day campaign for KCC for farmers has started from February 10. The card gives the farmer a loan of up to Rs 3 lakh for the crop, with an interest rate of 7 per cent. If the loan is repaid on time, interest of 3% is waived, i.e. the actual interest is 4%.

The list of farmers is ready

In this regard, instructions have been issued to the Governments of all the States / UTs, all the Banks and NABARD. The instruction details the entire process to cover the beneficiaries of PM-Kisan Sanman Fund under KCC. Everyone is asked to prepare a list who does not have KCC.

Special facility up to 15 days Beneficiaries

who have Kisan Credit Card in these 15 days can increase their limit, those whose credit card is not active can go to their bank and activate it. Those who do not have a credit card activated can go to their bank branch and activate the card. Business news is now also available on Telegram.

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