What is PM Kisan loan?

The Kisan Credit Card (KCC) scheme is a Central scheme that provides farmers with timely access to credit. The PM Kisan Credit Cards have now been linked to the Pradhan Mantri Kisan Samman Nidhi Yojana (PM Kisan). Farmers can seek a loan from KCC for up to Rs 3 lakh at 4 per cent interest rate.

How do I check my KCC account balance?

How do I check my KCC account balance? To check the balance in your Kisan Credit Card account, you will have to contact the customer service centre of the public sector bank that has provided you with the Kisan Credit Card. Alternatively, you can visit the bank’s branch to check the balance in your account.

What are the Kisan Credit card interest rates and other charges?

Interest and other charges on Kisan Credit Cards. Kisan Credit Card interest rates as well as credit limits varies from bank to bank. Generally, the applicable interest rate per annum for Kisan Credit Cards is 9\%, for a credit limit of maximum Rs. 3 Lakh.

Who can get a kisan credit card under PM Kisan Samman Yojana?

All beneficiaries under the Kisan Samman Nidhi Scheme can now get a Kisan Credit Card. The Government of India has announced that it will start paying the 9th instalment under the PM Kisan Samman Yojana to the enrolled farmers from 9 August 2021.

How many kisan credit cards have been sanctioned in 2021?

As per the Finance Ministry, about 1.8 Kisan Credit Cards with a credit limit of Rs 1.68 lakh crore have been sanctioned as of January 8 2021. For more information about upcoming Government Exams, visit the linked article. More exam-related preparation materials will be found through the links given below

What are the documents required for kisan credit card?

Listed below are the basic documents required when applying for the Kisan Credit Card: Duly filled-in and signed-in application form. Copy of identity proof such as Aadhaar card, PAN card, Voter ID, driving license, etc. Copy of address proof document such as Aadhaar card, PAN card, Voter ID, driving license.