Kisan Credit Card: Kisan Credit Card is such a scheme of the central government, through which farmers get loans on time. This scheme was started in 1998. Its purpose was to provide short-term loans to the farmers on time. It was started by the National Bank for Agriculture and Rural Development (NABARD). Today we are telling you how you can apply for Kisan Credit Card through State Bank of India (SBI).
So far more than 2 crore Kisan Credit Cards have been issued during the Corona period. Most of which have been issued to small farmers, in such a situation, the farmers who take advantage of this will get further basic strength. The interest rate in Kisan Credit Card starts from two percent while the maximum interest rate is four percent. With this card, the farmer can easily take a loan of up to three lakhs at the rate of four percent maximum interest.
KCC can be made like this from SBI
If you have an account in SBI Bank, then you do not have to go anywhere else. You can also apply for it sitting at home. For this you just have to use SBI YONO app. You can apply for Kisan Credit Card by visiting the YONO agriculture platform.
Let us know here the complete process.
- First of all you have to download SBI YONO app.
- Or you can login to https://www.sbiyono.sbi/index.html website.
- Here you will see the option of YONO agriculture here, go here.
- Then select the option ‘Account’.
- Go to the KCC review section here.
- Click on the application and fill the entire process in the window that opens in front. After doing this your application will be completed.
Who can apply
Any farmer in the age group of 18 to 75 years can apply for KCC. Whereas a co-applicant is required for a farmer of 60 years of age or more. Under this, farmers who do animal husbandry and fisheries can also take advantage of KCC, but they can get loan not only of three lakhs but up to two lakhs.
