The government has started the Pashu Kisan Credit Card scheme with a view to intention of increasing the income of farmers has been set by the Government by the year 2022. To get this loan, the animal farmer will have to get Pashu Kisan Credit Card made and the loan amount will be provided in 6 equal installments and amount has to be returned to the beneficiary with an interest rate of 4% within 1 year. The interest rate on the loan provided under this scheme will be applicable from the day the animal owner will get the first installment amount.
How To Apply:
- You will need to first visit a bank, and ask for the application form.
- Fill the application form along with a few KYC documents.
- The credit card will be provided based on the financial scale of work.
Official Website: Pashu Kisan Credit Card Yojana 2022 – Click Here
Pashu Kisan Credit Card Yojana 2022 – Registration, Notification, Application Form Online
In India so many families in the state who have milch animals and all these animals are being tagged. These families can get the benefit of this scheme and apply for Pashu Kisan Credit Card Scheme and get Pashu Kisan Credit Card. Under this scheme usually the loan is provided by the bank at an interest rate of 7% but under Pashu Kisan Credit Card, animal owners will have to pay only 4% interest and apart from this, a relaxation of 3% will be provided by the central government.
Eligibility of Pashu Kisan Credit Card:
- Fishery: Self Help Groups, Fish Farmers (individual, partners, groups, tenant farmers, and sharecroppers), Women groups and Joint Liability Groups.
- Marine Fisheries: Self Help Groups, Fish Farmers (individual, partners, groups, tenant farmers, and sharecroppers), Women groups and Joint Liability Groups.
- Poultry and Small Ruminant: Farmers, Poultry farmers (individual or joint borrower), Joint Liability Groups and Self Help Groups (tenant farmers of goats/ sheep/poultry/ pigs/ rabbit/ birds/ who have owned/leased/ rented sheds).
- Dairy: Farmers, Dairy farmers (individual or joint borrower), Joint Liability Groups and Self Help Groups (tenant farmers having owned/leased sheds rented).
The government launched the Pashu Kisan Credit Card for the benefit of all animal husbandry farmers with objective to increase the animal husbandry business in the country and help the farmers earn more. The Reserve Bank of India has decided to extend the services of the Pashu Kisan Credit Card for a working capital requirement for a lot of activities that are related to animal husbandry and fisheries.
Important Documents:
- Duly filled application form of the Pashu Kisan Credit Card.
- Land documents.
- Animal health certificate.
- Aadhaar card.
- PAN card.
- Voter ID.
- Bank Account.
People who are belonging to the economically weaker sections such as animal husbandry farmers, livestock owners, and fish farmers can apply for a Pashu Kisan Credit Card. All top banks such as Axis Bank, HDFC Bank, State Bank of India, etc. are offered Pashu Kisan Credit Cards. Under the Pashu Kisan Credit Card Scheme all livestock owners who want to take benefit of this scheme will have to pay an interest rate of 4.00% and Cattle farmers can get loans of up to Rs.3 lakh. The Pashu Kisan Credit Card Scheme has five years of loan repayment period. If you want to get more updates about Pashu Kisan Credit Card, you have to visit its official portal.