Kisan Credit Card: There have been many cases in which loans are not provided to farmers through Kisan Credit Card. They do not understand what to do and what not to do.
Kisan Credit Card: Kisan Credit Cards are provided to the beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana. Through this, not only does the loan get on easy terms, but there is also a big discount in interest. The government provides 4 percent interest rate loan to farmers through this. Both online and offline applications can be made to get a Kisan Credit Card.
Often there have been many cases in which loans are not provided to farmers through Kisan Credit Card. They do not understand what to do and what not to do. In such a situation, they are forced to take loans at an expensive rate. In such a situation it becomes important for you to know why this happens? The government has laid down some conditions for giving cheap rate loans. Those who meet these conditions are
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For example, the age of the applicant should be minimum 18 years and maximum 75 years. If the borrower is a senior citizen, that is, a applicant over 60 years of age must be a co-applicant. The co-borrower must legally inherit the land. The bank applicants verify the farmer before giving loan. It is seen whether he is a farmer or not. Then its revenue record is checked.
It is seen that the farmer is not owed to any other bank. If you fulfill all these eligibility but still you are unable to get a loan, then you can give information about this by calling the number 011-24300606 on the PM Kisan Helpline. If you tell your problem by calling here, you will be guided by the government. Apart from this, you can email your complaint to pmkisan-ict@gov.in.
