Kisan Credit Card Scheme 2024, Eligibility, Benefits, Apply Online The Kisan Credit Card (KCC) Scheme 2024 is a government initiative designed to provide farmers with easy access to timely credit for their agricultural needs. This scheme offers financial support for activities such as crop cultivation, irrigation, and other farm-related expenses. Under the KCC, farmers can avail of loans at a low-interest rate, typically around 7% per annum, with flexible repayment options linked to the harvest cycle. The loan amount can range from ₹1 lakh to higher amounts, depending on the farmer’s needs and creditworthiness.
Farmers can apply for the card through public and private sector banks, the PM Kisan Portal, or Common Service Centers (CSCs). The scheme aims to improve the financial accessibility of farmers, ensure they have the necessary resources for farming, and reduce dependence on informal and costly credit sources. Additionally, KCC provides benefits like crop insurance and easy access to credit in times of need, making it a vital tool for agricultural growth and sustainability in India.
Kisan Credit Card scheme 2024 Overview
| Post Name | Kisan Credit Card (KCC) |
| Scheme Name | Kisan Credit Card Scheme 2024 |
| Scheme Benefit | Credit is also provided for agricultural machines such as pumps or for cattle |
| Beneficiaries | Farmers belongs to poor and financially unstable family |
| State | India |
| Official Website | https://fasalrin.gov.in/ |
Benefits of the Kisan Credit Card scheme 2024
Here are some of the best features and benefits of the Kisan Credit Card scheme:
- The farmers are provided credit to meet their financial requirements for all kinds of activities, along with post-harvest expenses
- Credit is also provided for agricultural machines such as pumps or for cattle
- Farmers can take a loan up to ₹3 lakh
- Also provides insurance coverage of up to ₹50,000 in case of any permanent disability or death
- Certain eligible farmers are also issued a debit card and a savings bank account
- There are multiple and flexible repayment options
- Added assistance when buying fertilisers, pesticides, etc. as well as cash discounts from merchants
- The credit can be repaid once the harvesting season is over
- Credit is available for up to 3 years
- No collateral is needed for loans amounting up to ₹1.6 lakhs
Eligibility criteria for the Kisan Credit Card scheme 2024
Here are the eligibility criteria for the Kisan Credit Card scheme:
- Any farmer who is also an owner and cultivator
- People are in a group and are joint borrowers, who are also joint cultivators
- Sharecroppers or tenant farmers
- Self-help groups (SHGs) or joint liability groups (JLG) of sharecroppers, farmers, tenant farmers, etc.
- Farmers who are involved in crop production or related activities
Documents Required to for the Kisan Credit Scheme 2024
Here’s the list of documents needed for a Kisan Credit Card:
- A filled and signed application form
- Copy of ID proof (Aadhaar, Voter ID, Driving license)
- Copy of address proof
- Land documents
- Passport-sized photo
- Other documents if required by the bank
How to Apply for the Kisan Credit Card Scheme 2024?
You can apply for the KCC Scheme through the following methods:
- Visit the official PM Kisan Portal: https://pmkisan.gov.in
- Login to the “Farmer Corner” and look for the “Kisan Credit Card” application link.
- Fill in the required details such as your Aadhaar number, landholding details, bank account details, and any other necessary information.
- After submitting the application, you will receive a confirmation notification, and your application will be processed by your bank.
Important Links
| Official Website | Click Here |
| Home Page | Click Here |