Kisan credit card e seva

The Kisan Credit Card (KCC) is a scheme which is offered by the Government of India to the farmers with an aim to fulfill their short-term financial needs and specific credit requirements. The KCC scheme was launched in 1998 and was prepared by NABARD (National Bank for Agriculture and Rural Development). It was introduced to provide short-term credit and term loans to the farmer, who can readily purchase different agriculture inputs such as seeds, fertilizers, pesticides and draw cash for their immediate production needs. The KCC is available through all the Indian banks, regional rural banks and co-operative banks. This scheme was further revised in 2012, with an aim to simplify the process and facilitate an issuance of ‘Electronic Kisan Credit Cards’. It has a simple documentation and credit-delivery process for the farmers who are generally not aware of banking procedures and formalities. Key Features of Kisan Credit Card (KCC) • Provides adequate and timely credit provision to the farmers under a single window. • Flexible and simplified procedure with simple documentation process. • The KCC is valid for five years. • Rupay debit card for all KCC borrowers, which is used to withdraw cash from automated teller machines (ATMs). • RuPay is an Indian plastic card launched by the National Payments Corporation of India (NPCI), which facilitates digital payment at all Indian banks and financial institutions. • The KCC can be utilized either to make cash withdrawals or to ...

The Kisan Credit Card scheme is a Government of India scheme which provides farmers with timely access to credit. The Kisan Credit Card (KCC) scheme was launched in 1998 with the aim of providing short-term formal credit to farmers and was created by NABARD (National Bank for Agriculture and Rural Development). The KCC scheme was introduced to ensure that the credit requirements for farmers in the agriculture, fisheries and animal husbandry sector were being met. This was done by helping them avail short-term loans and provide them with a credit limit to purchase equipment and for their other expenses as well. Moreover, with the help of KCC, farmers are exempt from the high interest rates of the regular loans offered by banks as the interest rate for KCC starts as low as 2% and averages at 4%. With the help of this scheme, farmers can repay their loans depending on the harvesting period of their crop for which the loan was given. Updated on - 16 Jun 2023 Know All About Kisan Credit Card • • • • • • Features and Benefits of Kisan Credit Card • Farmers are given credit for meeting their financial requirements of agricultural and other allied activities along with post-harvest expenses. • Investment credit for agricultural requirements such as dairy animals, pump sets etc. • Farmers can take out a loan of up to Rs.3 lakh and also avail produce marketing loans. • Insurance coverage for KCC scheme holders up to Rs.50,000 in the case of permanent disability or death. A cover of ...

[Apply Online] PM Kisan Credit Card (KCC) Application Form 2023 PDF Download KCC Apply Online - Kisan Credit Card (KCC) online application form 2023 download in PDF format for PM Kisan Samman Nidhi Yojana beneficiaries at pmkisan.gov.in, apply for new KCC to avail concessional credit facility on loan किसान क्रेडिट कार्ड के लिए ऑनलाइन आवेदन कैसे करें अथवा एप्लिकेशन फॉर्म कहाँ से डाउनलोड करें Kisan Credit Card Scheme online application forms for PM-KISAN beneficiaries are open now. The Union govt. wants that all the PM Kisan Samman Nidhi Yojana beneficiaries get their own personalized Kisan Credit Card (KCC). For this, Indian Banks Association has waived off charges like processing, documentation, inspection & ledger folio charges as well as service charges for KCC loans upto Rs. 3 lakh. All the PM Kisan Samman Nidhi Yojana beneficiary farmers can now approach their bank branches for Kisan Credit Card Application. There, farmers will have to submit the single page KCC registration form along with land record & details of crops sown to get their Kisan Credit Cards ready. Kisan Credit Card Scheme Latest Update In the ongoing Extension of Kisan Credit Card Scheme to Fishermen Union Minister of State for Fisheries, Animal Husbandry & Dairying, L Murugan has said thatKisan Credit CardScheme will be extended tofishermento provide them loans at low interest rates. Addressing ‘FishermenConvention’ organised by Kerala PradeshFishermenGroup (BMS) at Munambam in Kochi on 22 November 20...