Indian banks launched the Kisan Credit Card scheme in August 1998 and have been assisting farmers ever since. The Indian government sponsored this in order to enhance India’s agriculture economy. In addition, the government offers financial aid to farmers through the Kisan credit card scheme. Farmers can now apply online and monitor their KCC Status 2021 now that everything has been computerized.
KCC Status Check 2021 can be found at pmkisan.gov.in. If you have previously applied for the PM Kisan Credit Card Loan Facility, you should be aware of how to check the PM Kisan KCC Application Status Online.
KCC Status Check 2021
The Kisan Credit Card scheme was designed to financially assist farmers in increasing agriculture, animal husbandry, and fisheries. NABARD was the primary driving force behind the development of the model plan. The government wanted to offer farmers with term loans to meet their needs (agricultural). The authorities hope to address the farmers’ overall credit needs with the help of the Kisan Credit Card Scheme. The authorities then included fisheries and animal husbandry in the strategy to encourage development even further.
Status of Kisan Credit Card
The government includes all commercial banks, state cooperative banks, and regional rural banks in the system. Farmers benefit from crop credit ceilings and term loans under the scheme. Furthermore, farmers are covered by accident insurance in the event of disability or death. Aside from that, the system provides a slew of other advantages for farmers.
Check the status of PM Kisan's credit card loan in 2021
As previously stated, the National Bank for Agriculture and Rural Development, in collaboration with the Reserve Bank of India, implemented the Kisan Credit Card initiative. With the help of this scheme, farmers can obtain government loans at the lowest possible interest rates. In addition, following the KCC plan, the government introduced a slew of other initiatives to help farmers.
In this post, we will explain the fundamental eligibility requirements as well as the procedure for checking the PM Kisan Credit Card Application Status on the website. As a result, if someone has not yet applied for the plan, he can do so after reading this post. Also, if you’re reading this and know someone who could profit from the plan, you can pass along the information. As a result, study the information provided here carefully, as well as the other posts on KCC, to learn more.
pmkisan.gov.in KCC Status Online 2021
| Scheme | Kisan Credit Card |
| By | The Government of India |
| Implementation By | NABARD |
| Benefit | Kisan Credit Card and other benefits |
| Beneficiaries | Farmers |
| Objective | Boost Agricultural Activities and Help the Farmers |
| Category | KCC Status Check 2021 |
| Across | India |
| Website | pmkisan.gov.in |
Status of the PM Kisan Credit Card Scheme Application
- Aside from the fundamental perks mentioned above, the government has added certain extras to the scheme. These are detailed further down.
- During the pandemic, when the virus was also wreaking havoc on rural regions, the government decided to extend the EMI moratorium on credit cards and loans until August 31, 2021.
- Second, if a farmer is unable to pay the price because to the shutdown, he may seek to defer payment for the duration. Farmers can also contact the banks if they have any questions or concerns. The government has not made the payment mandatory; it is entirely dependent on the farmer’s circumstances.
- Payment in one shot
- Component of principal or interest
- Equivalent Monthly Installment on Credit Card Statement (EMI)
Eligibility Criteria
- It is critical that the farmer candidate be an Indian resident.
- He should be able to cultivate the land.
- All individuals involved in agricultural and related activities are eligible to apply for KCC.
- Applicants must be between the ages of 18 and 75.
- Farmers above the age of 60 must be accompanied by a co-applicant.
- Aside from that, tenant farmers shared croppers, and oral leases of cultivable areas are all eligible.
- Furthermore, sharecroppers’ joint liability groups and self-help organizations will be eligible to apply for KCC.
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