Kcc Loan Scheme Details: How to get loan up to Rs 3 lakh from Kisan Credit Card, what is its complete information, see now
Kcc Loan Scheme Details: To meet the needs of the farmers of the country related to their farming, the government has started an important scheme, in which Kisan Credit Card has an important contribution. Under this scheme, small loans are provided to farmers so that they can purchase the equipment required in their farming and also handle other expenses. A major advantage of this scheme is that farmers have to pay less interest on this loan, which helps them financially.
In addition, Rs. 10,000/- including certified area of land and proof of land duly certified by revenue authorities along with crop pattern. More than Rs 1.60 lakh or Rs. Security document will be required for loan limits above Rs 3.00 lakh. Any other documents may also be asked for as per approval.
Also read: - How to get loan from India Post Payment Bank: You will get personal loan from India Post Payment Bank sitting at home, see quickly what is its complete process.
Also read:- SBI Personal Loan Kaise Milega: Now SBI will give emergency loan up to Rs 20 lakh to all users, know how to apply.
As of March 30, there are around 7.35 crore Kisan Credit Card accounts with a total sanctioned limit of Rs 8.85 lakh crore. According to government data, in the current financial year between April and August, the government has distributed agricultural loans worth Rs 6,573.50 crore at concessional interest rates. Farmers have fully benefited from this.
If you liked our information then please share it with your friends. And if you have any suggestion or opinion, please write to us in the comment box. Thank you
Kcc Loan Scheme Details
Kisan Credit Card Scheme was launched in 1998 and was initiated by NABARD. Now it has been linked to the Pradhan Mantri Kisan Samman Nidhi Yojana, so that the beneficiaries of the Pradhan Mantri Kisan Samman Nidhi Yojana can also apply for the Kisan Credit Card.Documents required to take KCC Loan? KCC Loan Scheme Details
Documents required for ID proof to take KCC Loan:-- Driving license,
- Aadhar card,
- Voter ID Card,
- Or passport
In addition, Rs. 10,000/- including certified area of land and proof of land duly certified by revenue authorities along with crop pattern. More than Rs 1.60 lakh or Rs. Security document will be required for loan limits above Rs 3.00 lakh. Any other documents may also be asked for as per approval.
What is KCC Loan Scheme? KCC Loan Scheme Details
Farmers get guaranteed free loan up to Rs 3 lakh through Kisan Credit Card. In this scheme, the government charges 4 percent interest on this amount from the farmers. This scheme was started by the Reserve Bank of India in collaboration with NABARD. This can include any type of farmer in India such as land owner, tenant, oral lessee, sharecropper etc. To apply to avail the benefits of this scheme, the age of the person should be between 18 to 75 years.Also read: - How to get loan from India Post Payment Bank: You will get personal loan from India Post Payment Bank sitting at home, see quickly what is its complete process.
Also read:- SBI Personal Loan Kaise Milega: Now SBI will give emergency loan up to Rs 20 lakh to all users, know how to apply.
As of March 30, there are around 7.35 crore Kisan Credit Card accounts with a total sanctioned limit of Rs 8.85 lakh crore. According to government data, in the current financial year between April and August, the government has distributed agricultural loans worth Rs 6,573.50 crore at concessional interest rates. Farmers have fully benefited from this.
Benefits of KCC Card Loan Scheme? KCC Loan Scheme Details
Farmers get loans up to Rs 3 lakh at 4 percent interest rate through Kisan Credit Card. Along with this, KCC holders are provided a coverage of up to Rs 50,000 in case of death or permanent disability and up to Rs 25,000 in case of other risks. Farmers will not have to give any guarantee on loans up to Rs 1.60 lakh.If you liked our information then please share it with your friends. And if you have any suggestion or opinion, please write to us in the comment box. Thank you
