Good News! Farmers will now be able to take a loan of Rs 1.60 lakh without a guarantee, know how to take advantage?

Pashu Kisan credit card scheme has been started to double the income of farmers. The terms of the Pashu Kisan Credit Card are similar to the Kisan Credit Card (KCC) scheme of the Modi Government. Under this, a maximum amount of up to Rs 3 lakh will be available for rearing cows, buffalo, sheep, goats, and poultry. In this, no guarantee will have to be given for taking an amount up to Rs 1.60 lakh.

The Bankers Committee has assured the government that all eligible applicants will get the benefit of the Pashu Kisan Credit Card Scheme. There are about 16 lakh families in the state who have milch animals and their tagging is being done.

How much money will I get for cow, buffalo?

>> There is a provision of giving Rs 40,783 for the cow.
>> 60,249 rupees will be available for buffalo. This will be per buffalo.
>>Rs 4063 for sheep and goats.
>> Chicken (for egg-laying) will be given a loan of Rs 720.

What will be the eligibility for the card
>> Applicant should be a permanent resident of Haryana state.
>> Applicant’s Aadhar Card, Pan Card, Voter ID Card.
>> Mobile Number.
>> Passport size photo.

How much will be the interest?

>> Banks usually provide loans at an interest rate of 7 percent.
>> Under the Pashu Kisan Credit Card, the cattle owners will have to pay only 4 percent interest.
>> There is a provision to give a discount of 3 percent from the Central Government.
>> Loan amount will be maximum up to Rs.3 lakh.

Also, Read This: PM Kisan Tractor Yojna: Get 50 Percent Subsidy on Buying a Tractor, Know How to Get the Benefit

How to apply

>> Interested beneficiaries of Haryana State who want to get a Pashu Credit Card made under this scheme will have to apply by going to their nearest bank.
>> You have to go to the bank with all your necessary documents before applying to apply. There you have to fill out the application form.
>> After filling out the application form, you will have to get KYC done. For KYC, farmers will have to provide Aadhar cards, PAN cards, voter cards, and passport size photographs.
>> To get a livestock credit card, you will get the animal credit card within 1 month after the KYC from the bank and the verification of the application form.