Kisan Credit Card will be available from PM Kisan Yojana, farmers will be able to get cheap loan

Through the Pradhan Mantri Kisan Samman Nidhi Scheme, now you can get a Kisan Credit Card more easily than before. Under this scheme 1.5 crores, Kisan Credit Cards have been issued under self-reliant India and their spending limit is Rs 1.35 lakh crore.

According to the Agriculture Ministry, 2.5 crores KCCs will be issued out of the total spending limit up to Rs 2 lakh crore. This will also benefit KCC to all the beneficiaries of Pradhan Mantri Kisan Samman Nidhi Yojana. Through this card, loans up to Rs 3 lakh can be taken for agriculture and these loans are available at a very low rate of 4 percent.

Source: News18

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