Pradhan Mantri Kisan Samman Nidhi Yojana, Kisan Credit Card: One question often remains in the mind of the farmers that if a farmer has not already taken any bank’s credit card, can he apply for the farmer credit or not The
Pradhan Mantri Kisan Samman Nidhi Yojana, Kisan Credit Card: Through the Kisan Credit Card, farmers are provided loans at a cheaper rate. Those farmers who want to take loans at a rate cheaper than the market rate for agriculture related works can get a farmer credit card. Kisan Credit Card provides easy loan for fertilizer, seeds etc. The beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana are also being given benefits.
There are often many questions in the minds of farmers regarding this card. One question often remains in the mind of the farmers that if a farmer has not already taken a credit card of any bank, can the farmer apply for the credit or not?
According to the rules, if a farmer is or is associated with activities related to farming or non-agricultural activities, then he can apply for a farmer credit card. In such a situation, such farmers can apply without any hesitation. However, if you are already running a form loan, then it is necessary to give information about it.
This card can be obtained from any co-operative bank, Regional Rural Bank. This card can also be taken from SBI. National Payments Corporation of India issues RuPay KCC. The validity of Kisan Credit Card is 5 years. According to the Reserve Bank of India (RBI) guidelines, the bank has to issue this card within 15 days of the application of the farmer.
