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Home Personal Finance Don’t have a credit card? Know here whether you will get Kisan...

Don’t have a credit card? Know here whether you will get Kisan Credit Card

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Pradhan Mantri Kisan Samman Nidhi Yojana, Kisan Credit Card: One question often remains in the mind of the farmers that if a farmer has not already taken any bank’s credit card, can he apply for the farmer credit or not The




Pradhan Mantri Kisan Samman Nidhi Yojana, Kisan Credit Card: Through the Kisan Credit Card, farmers are provided loans at a cheaper rate. Those farmers who want to take loans at a rate cheaper than the market rate for agriculture related works can get a farmer credit card. Kisan Credit Card provides easy loan for fertilizer, seeds etc. The beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana are also being given benefits.

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There are often many questions in the minds of farmers regarding this card. One question often remains in the mind of the farmers that if a farmer has not already taken a credit card of any bank, can the farmer apply for the credit or not?

According to the rules, if a farmer is or is associated with activities related to farming or non-agricultural activities, then he can apply for a farmer credit card. In such a situation, such farmers can apply without any hesitation. However, if you are already running a form loan, then it is necessary to give information about it.

This card can be obtained from any co-operative bank, Regional Rural Bank. This card can also be taken from SBI. National Payments Corporation of India issues RuPay KCC. The validity of Kisan Credit Card is 5 years. According to the Reserve Bank of India (RBI) guidelines, the bank has to issue this card within 15 days of the application of the farmer.

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