Pashu Kisan Credit Card Yojana 2024, Eligibility, Benefits & How to Apply, Know on Khetivyapar

The Government of India has launched a new scheme for rural animal farmers called the 'Pashu Kisan Credit Card Yojana'. Through this card, animal husbandry business will be promoted, and the economic condition of farmers will improve. This scheme has been initiated by various banks such as the Reserve Bank of India (RBI), Bank of Baroda, etc., which are actively involved in providing the necessary funds for animal husbandry and fisheries-related activities. Let's find out how to avail the benefits of this scheme.

Pashu Kisan Credit Card Yojana 2024:

1. Eligibility for the loan: Animal owners are eligible for loans up to Rs. 3 lakh.
2. It offers:
3. Rs. 60,249 for buffaloes
4. Rs. 40,783 for cows
5. Rs. 720 for egg-laying hens
6. Rs. 4063 for sheep/goats
7. No collateral required for loans up to Rs. 1.6 lakh.
8. Interest rates: There is a significant difference in the interest rates offered by banks for loans. While financial institutions and banks usually provide loans at around 7.00%, the Animal Farmer Credit Card Scheme offers a better option. This scheme provides loans to animal owners at a reduced interest rate of 4.00%, which can be a convenient option for them.
9. Duration: Animal farmers are required to repay the loan amount and interest within 5 years.
10. Instalment facility: Animal farmers will be provided with the convenience of paying the loan in six equal instalments.
11. Government assistance: The central government will provide a 3.00% subsidy.

Pashu Kisan Credit Card Yojana 2024 Important Documents:

1. Filled application form for the Animal Farmer Credit Card
2. Land documents
3. Animal health certificate
4. Passport-sized photograph
5. Aadhar card
6. Permanent Account Number (PAN) card
7. Voter ID
8. Bank account details

Application Process for the Pashu Kisan Credit Card Yojana 2024:

1. To obtain the Pashu Kisan Credit Card Yojana, you need to follow these steps:
2. Visit the bank: The process of applying for the Animal Farmer Credit Card is easy, but you need to first visit your nearest bank branch.
3. Get the application form: After reaching the bank branch, you need to meet with a banking officer and obtain the application form for the Animal Farmer Credit Card.
4. Submit necessary documents: Fill in all the required information in the application form. Ensure that all information is accurate and attach photocopies of all necessary documents such as Aadhar card, PAN card, Voter ID, etc., along with the application.
5. Submit the form and documents to the bank officer.
6. Wait for the process: Bank officials will verify all your application details and documents. After that, you will receive the Animal Farmer Credit Card within one month.

Read More... Good Opportunity in Poultry Farming, Training Starting from April 15 in Uttar Pradesh

Through this scheme, rural animal farmers in India will have the opportunity to strengthen their business and increase production, leading to an improvement in their economic condition.