
Kisan Credeit Card
Kisan Credit Card Scheme: In order to encourage farmers in agriculture, Kisan Credit Card Scheme has been started to make loans available from the banks on easy terms according to their needs. Through this scheme, the farmers of the state will be able to get loans easily without any problem at the time of need, for which they will be able to get loans up to Rs 3 lakh from various banks covered under the scheme.
Under KCC, the applicant can get a loan of up to three lakh rupees, the interest on this loan is 9%, but the government provides 2% subsidy on the Kisan Credit Card, due to which the loan is provided to the applicant at 7% interest, if the applicant If he completes the loan before time, then he gets a rebate of 3% on the interest, that is, the loan is available to the farmer at a total interest of 4%.
https://www.myscheme.gov.in/schemes/kcc
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