Govt new Scheme: Rs 3 lakh loan without any mortgage with lowest interest rate
This is the lowest interest rate loan offered by the central government for farmers. Under this scheme farmers can get loan up to 3 lakhs in 5 years. Farmers can avail the benefits of this scheme from their nearest gramin bank or any government bank.
The central government has already introduced several schemes for farmers, which are beneficial for the beneficiaries. In it, the government has launched the Kisan Credit Card scheme for farmers. In this way the farmers are getting double benefit. Govt new Scheme: Rs 3 lakh loan without any mortgage with lowest interest rate.
If you are a farmer and want to take advantage of this scheme, you need to apply for it. After that you can borrow money through Kisan Credit Card at low interest rates. This is the lowest interest rate loan offered by the central government for farmers. For more information, farmers can avail the benefits of this scheme from their nearest gramin bank or any government bank.
Under this scheme farmers can get loan up to 3 lakhs in 5 years. Under the Kisan Credit Card scheme, one can avail a loan of up to Rs 1.60 lakh without any guarantee. Also, no collateral is required for the this loan. Apart from this, the government has given Kisan credit cards to 3 crore farmers in the last 2 years. This makes it easy to get loan for agriculture.
Through the Kisan Credit Card scheme, loans up to Rs 3 lakh are available at an interest rate of 9 per cent over 5 years. After this, the government will also give 2% subsidy. Apart from this, farmers will also get an additional discount of 2% if they repay the loan on time. Thus farmers have to pay 5% interest on the loan. Kisan Credit Card is valid for 5 years.
Details of Documents Required for Kisan Credit Card :
All these documents required for Kisan Credit Card, fill the application and get the benefits of this scheme from their
nearest Gramin Bank or any Government Bank.
Driving license
Aadhaar card
Voter ID Card,
Passport size photograph etc.
Step to Apply for Kisan Credit Card:
To avail the benefits of Kisan Credit Card Scheme, farmers must visit its official website.
After this you need to download Kisan Credit Card Form.
You have to fill this form with all the records and crop information of your farm.
If you have done this card from any other branch, you need to provide this information also.
After this the form should be submitted. After submitting the form, you can easily get Kisan Credit Card.
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