Sunday, May 12, 2024
HomePersonal FinanceKisan Credit Card Yojana Interest Rate: 'Interest rate on KCC loan increased...

Kisan Credit Card Yojana Interest Rate: ‘Interest rate on KCC loan increased to 12%’ … This is the truth of the news

Kisan Credit Card Yojana Interest Rate, kcc loan interest rate 2021: News of increasing the interest rate on the long-running Kisan Credit Card Scheme (Kisan Credit Card Yojana) by the government to meet the fast economic needs of the farmers Is going on

Kisan Credit Card (KCC) Yojana Interest Rate, kcc loan interest rate 2021: Rate of interest on the long-running Kisan Credit Card Scheme (Kisan Credit Card Yojana) by the government to meet the fast economic needs of farmers There is news of increasing According to this news, the interest rate on the loan amount taken by the farmers under this scheme has been increased to 12 percent. But this is completely fake news. The central government has not taken any such decision.




The central government’s publicity agency PIB has tweeted about this. According to this tweet, the government neither has any proposal to increase the interest rate nor has it taken any decision in this regard.

It has been said in the viral news that from April 1, 2021, the Reserve Bank of India has issued an order to recover 12 percent interest from the loaned farmers instead of 7 under the Kisan Credit Card Scheme. In this news, it has even been claimed that the RBI has issued orders in this regard to all banks. Also Read: SBI warns crores of customers! Be careful with instant loan app, otherwise the account may be clean

Significantly, the Central Government has been running the Kisan Credit Card Scheme for a long time. Due to this, crores of farmers across the country are benefiting. In times of natural calamity or other problems, the farmer easily takes a loan from the bank through this card. The farmers do not have to do any special paperwork on the card. Not only this, the rate of interest on loans taken under this scheme has also been kept very economical.

 

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments