Punjab National Bank has come up with a special scheme to help the farmers of the country financially. Its name is ‘Kisan Tatkal Loan Scheme’. Under this scheme, loans up to Rs 50,000 will be transferred to the bank accounts of needy farmers without any guarantee. With the help of this, farmers will be able to fulfil their every need from agricultural work.

Required eligibility for the scheme:

• Applicant should have Kisan Credit Card (KCC).

• The applicant must have a bank record for the last two years.

Procedure to get a loan:

With the help of minimum documents, farmers can apply for this scheme. Under this scheme, the farmer will not need to mortgage anything, nor will he have to pay any service charge for taking the loan. At the same time, the farmer will be given up to 5 years to repay this loan. The beneficiary can pay in instalments or with the full amount in one go.

If you want to take advantage of this scheme, then you can apply online by visiting the official website of Punjab National Bank, or you can also apply offline by visiting the nearest Punjab National Bank.

Source: Krishi Jagran

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