The finance ministry said on Thursday that banks have sanctioned concessional loans of more than Rs 1 lakh crore to Kisan Credit Card (KCC) holders to help meet the financial needs of farmers during the Kovid-19 crisis. The ministry said in a statement that till August 17, 1.22 crore Kisan Credit Cards were issued. Their debt limit is Rs 1,02,065 crore. This will help in revival of rural economy and accelerating agricultural growth.
According to the statement, loans of Rs 89,810 crore were sanctioned to 1.1 crore farmer credit holders till 24 July. That is, in less than a month, 12,255 crore more loans were sanctioned. To provide relief to the agriculture sector due to the impact of Kovid-19, a special campaign is being launched to provide concessional loans to farmers through Kisan Credit Cards.
The government announced a concessional loan of Rs 2 lakh crore under the Rs 20.97 lakh crore self-sufficient India package announced in May. This is expected to benefit 2.5 crore farmers, including fishermen and dairy farmers.
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If you want to apply for Kisan Credit Card, then this is the process
Visit the official site https://pmkisan.gov.in/ and download the Kisan Credit Card form here. You have to fill this form with your land documents, crop details. This information should also be given that you have not made any other Kisan Credit Card from any other bank or branch. Fill and submit the application, after which you will get the Kisan Credit Card from the concerned bank.
Documents required for KCC
For ID proof: Voter ID card / PAN card / Passport / Aadhaar card / Driving license etc.
Address proof: Voter ID card / passport / Aadhaar card / driving license etc.
