Finance Minister Nirmala Sitharaman has made a big announcement for farmers in the budget. The limit of Kisan Credit Card has been increased to Rs 5 lakh. Earlier this limit was only 3 lakh rupees. This gift given by the central government will give additional benefits of Rs 2 lakh to the farmers. Also, millions of farmers of the country will be able to take advantage of this scheme.
Let us tell you that along with Kisan Credit Card, you also get the benefit of savings account. The process of applying for this card is very simple and farmers get this card within 15 days. Let’s know what is the application process for Kisan Credit Card …
These will be the benefits of farmer credit card
Through the Kisan Credit Card, farmers used to get a loan of up to Rs 3 lakh at an interest rate of 4 percent. Now you will get a loan of up to 5 lakh rupees.
Under this scheme, farmers also get subsidy. That is, if the farmer pays the loan on time, then he gets a subsidy of 3 percent.
This is how offline applications can be done
The application process for Kisan Credit Card is quite simple. First of all you have to contact your nearest bank branch.
Farmers are working together for credit cards. Farmers get cards within 15 days.
You will have to go to the bank and get a farmer credit card application from a bank employee.
All necessary details have to be filled and submitted.
How to apply online
Go to the bank’s website of your choice.
The option of Kisan Credit Card will appear on the home page.
After applying here, you will see a new page.
Here you have to fill all the necessary details.
After submitting, you will get an application reference number.
If you are eligible for this card, the bank will contact you within 5 days.
These documents will be necessary.
Passport size photo
Aadhar card
Voter ID
Driving license
Farmer’s land documents
