Krishi VaartaJagran
A loan of 1 lakh 60 thousand rupees can be availed on Pashu kisan credit card!_x000D_ _x000D_
To promote animal husbandry, the government has now started the Pashu kisan credit card Scheme. Its peculiarity is that cattle rearers will get a loan of 1 lakh 60 thousand rupees without any guarantee. However, the cattle rearers willing to take loan may not have taken loan earlier. So they will get the loan only on a verified letter from the officials of Animal Husbandry Department. While taking a loan up to Rs 1 lakh 60 thousand, they will only have to give a verified letter of Deputy Director of Animal Husbandry and Dairy Department. Before this, the farmer will also have to get his animal insured. For that only 100 rupees have to be paid._x000D_ _x000D_ Features of Pashu kisan credit card: - The holder of the Pashu kisan credit card can avail loan upto 1 lakh 60 thousand from any bank without pledging anything. If one rupee is more than this, collateral security will be required. The loan will be given by all banks to the Pashu kisan credit card holder at a low interest rate of seven percent per annum. On payment of this seven percent interest rate on time, a grant of three percent interest rate is given by the Government of India on the loan amount up to three lakh rupees. The Pashu kisan credit card holder can avail a loan of more than three lakh rupees at the rate of 12 percent per annum. The amount of loan taken by the card holder can be taken from time to time as per need and can be deposited as per his convenience. It is to be remembered that for the first time, it will be mandatory to deposit the entire amount once on any one day within the time period of one year of withdrawing or spending so that the loan amount becomes zero once a year. Otherwise he will not be able to get four percent discount on the interest amount and will have to pay 12 percent loan on the default day._x000D_ _x000D_ Documents required to get Pashu kisan credit card:_x000D_ Application form as per bank format_x000D_ Hypothecation Agreement._x000D_ Voter card for KYC identification._x000D_ Aadhar card, PAN card etc._x000D_ Other documents bank wise._x000D_ _x000D_ Source :- Jagran, _x000D_ If you find this information is useful to you, like it and share it with your farmer friends._x000D_
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