KCC Scheme: Know how to get ₹ 2 lakh without guarantee through Kisan Credit Card
KCC Scheme: The Government of India’s Kisan Credit Card (KCC) program has undergone a significant overhaul to support farmers’ economic empowerment. Farmers will now be able to borrow up to ₹2 lakh without any security or guarantee. Farmers will have easy access to the funding they need for farming, animal husbandry, and fishing thanks to this government effort.
The government’s program will also contribute to the achievement of “Atmanirbhar Bharat.” In this case, please provide us with all pertinent details about this plan below.
Kisan Credit Card Scheme: What is it?
In order to help farmers fulfill their needs for things like seeds, fertilizer, pesticides, agricultural equipment, animal husbandry, and fisheries, the Kisan Credit Card (KCC) Scheme aims to provide loans at convenient and reasonable rates.
What are the advantages of a loan of up to Rs 2 lakh without a guarantee?
To enable farmers to get greater assistance, the government modified this program and raised the Rs 1.6 lakh cap to Rs 2 lakh. Small and marginal farmers will particularly profit from this decision.
Advantages of this modification
- Up to Rs 2 lakh in loan amount without assurance
- Low-interest loans are available.
- Financial support for fisheries, agriculture, and animal husbandry
- Loan repayment flexibility and simple alternatives
- Moneylender loans are not necessary for farmers.
Who is eligible for the benefits?
This program is available to all small and marginal farmers, self-help groups (SHGs), farmer producer organizations (FPOs), and those working in the fisheries and animal husbandry industries.
How do I apply?
To get a Kisan Credit Card, you must have the following paperwork:
- The Aadhaar card
- Identity card (PAN card, voter ID, etc.)
- Certificate of Land Ownership
- Details of a bank account
- A passport-sized picture
Procedure for applications
- Visit the Common Service Center (CSC) or the closest bank branch.
- Complete the Kisan Credit Card application and send in the necessary paperwork.
- After reviewing the application, the bank will grant KCC in a few days.
- Farmers may withdraw the money straight from their bank account after being approved.
