Pashu Kisan Credit Card Yojana (PKCC)

Pashu Kisan Credit Card: What is Pashu Kisan Credit Card Scheme, see what are the benefits, and apply online like this

Pashu Kisan Credit Card Scheme

The coming time is going to be very important for the farmers of the country because the target has been set to double the income of the farmers. Pashu Kisan Credit Card Scheme has been started to fulfill this goal. Under this, the farmers who do the work of animal husbandry.

They will get assistance in the form of loans from the government, which will reduce the problems in their animal husbandry. If you also want to get information related to Animal Husbandry Credit Card, then here is this post about Pashu Kisan Credit Card Scheme, eligibility, benefits, and how to apply online.

Important information related to the scheme

How to Apply for the Pashu Kisan Credit Card Online?

Following are the steps using which you can apply for Pashu Kisan Credit Card online:

• Visit the website of any nationalized bank
• Choose the Kisan Credit Card option on this page and click on ‘Apply’
• A new page will open, fill up the Pashu Kisan Credit Card application form and click on ‘Submit’
• After this, you will receive an application reference
• The bank will contact you upon successful verification of your application in 3 to 4 business days.

How to Apply for the Pashu Kisan Credit Card Offline?

You can follow the steps given below to apply for Pashu Kisan Credit Card offline:

• Visit the nearest bank to get the Pashu Kisan Credit Card
• Collect the application form and fill in all the details asked for
• Submit all the necessary documents along with your filled-up application form and complete the KYC verification
• After one month of applying, you will receive the Pashu Kisan Credit Card

What Are the Eligibility Criteria for a Pashu Kisan Credit Card?

The eligibility criteria of the Pashu Credit Card Yojana vary from one category to another as per the type of cattle farming. These include,

Poultry and Small Ruminant

• Farmers
• Joint Liability Groups
• Self-Help Groups (tenant farmers of poultry/pigs/ rabbit/ goats/ sheep/ birds/ who have owned/leased/ rented sheds)
• Poultry farmers (individual or joint borrower)

Dairy

• Farmers
• Joint Liability Groups
• Self-Help Groups (tenant farmers having owned/leased sheds rented)
• Dairy farmers (individual or joint borrowers)

Fishery

• Farmers (individuals, groups, tenant farmers, partners, and sharecroppers)
• Self Help Groups
• Women groups
• Joint Liability Groups

Note: Beneficiaries must lease or own any fisheries-related activities like rearing unit, tank, pond, raceway, open water bodies, and hatchery. They must have a license for fish farming and fishing-related activities

Marine Fisheries

• Fish Farmers (individuals, partners, tenant farmers, groups, and sharecroppers)
• Joint Liability Groups
• Self Help Groups
• Women groups

Note: Beneficiaries must lease or own a registered fishing vessel, or registered boat. In addition, they must have a fishing license. Further, they must have permission for fish in the sea, estuary, and fish farming/mariculture activities in estuaries.

This is how you can take advantage:

The government gives a loan of Rs.60,000 for a buffalo, Rs.40,000 for a cow, Rs.720 for a hen, and Rs.4000 for a sheep/goat. You get this loan at only 4 percent to the bank or financial institution Pashu Kisan Credit Card holders. Animal rearers get loans in 6 equal installments. Farmers have to return this loan within 5 years. Generally, banks give loans to farmers at an interest rate of 7 percent, but in the case of the Pashu Kisan Credit Card, the animal farmers get a discount of 3 percent from the government.

These are the benefits of the scheme,
let us tell you that farmers easily get loans at affordable interest rates in their time of need. In such a situation, he is saved from getting trapped in the debt trap. Cattlemen can use this card like a debit card. At the same time, farmers are saved from moneylenders and they do not have to mortgage their land or other property.

Loans will be given to the farmers by the central government

He said that the holder of the Pashudhan Kisan Credit Card will be given a loan by the bank at a simple interest rate of seven percent per annum. If the cardholder pays his loan on time, then he will be given a grant of three percent interest rate from the Central Government. That cattle rearer will have to repay this loan only at the rate of four percent. The loan amount can be availed by the cardholder from time to time as per the requirement and can be deposited at convenience. The cardholder must deposit the full amount of the loan taken on any one day within one year from the date of withdrawal or spending so that the loan amount becomes zero once a year.

Farmers will have to do this work if they are not able to return the loan

The Deputy Commissioner said that if the loan taken by a Pashudhan Kisan Credit Card holder is not repaid within one year, then he will have to pay the loan at the rate of 12 percent interest per annum.

The holder of the Pashudhan Kisan Credit Card can use it like any other ordinary credit/debit card prevailing in the market to withdraw money from any ATM or make purchases from the market as per the certified limit. Different categories of animals and financial scales According to the period, the loan will be given to the livestock farmer through Pashudhan Kisan Credit Card.

Interested livestock farmers can apply for Pashudhan Kisan Credit Card by visiting their nearest government veterinary hospital or bank. To apply, animal Husbandry will have to submit all its documents like an Aadhaar card, PAN card, animal insurance, animal health certificate, etc. along with the application form to the bank.

Objective Of Pashu Kisan Credit Card Scheme 2023

The Main Objective Of The Animal Farmers Credit Card Scheme 2023 Is That All The People Who Do Poor Farming In The Village, Along With Doing Farming, Also Raise Animals, Then Go To The Farmer To Sell Their Animals To Meet Their Needs. And Sometimes The Animals Become Ill, Then The Farmer Does Not Get Money And Because Of This, He Is Not Able To Get Them Treated. Given All These Problems, The State Government Has Started This Pashu Kisan Credit Card Scheme 2023. Through This Scheme By Taking Loans, Farmers Will Be Able To Take Good Care Of Their Animals And Through This Pashu Kisan Credit Card Scheme 2023, All The Animal Husbandry Arrangements In The State Will Be Increased And There Are Many Ways In The Country To Develop Agriculture And Animal Husbandry Business. Will Be Made Such Modern.

What are the Documents Required for Pashu Kisan Credit Card?

The farmer needs to submit the following documents for the Pashu Kisan Credit Card application along with the duly filled application form:

• Aadhaar card
• Passport size photo
• PAN card
• Voter card
• Land documents
• Animal health certificate
• Mobile number
• Bank account details

Animal Farmer Credit Card Providing Banks

This Pashu Kisan Credit Card is made available by some high-class banks, whose information is as follows.

• State Bank of India (SBI Bank)
• Punjab National Bank (PNB Bank)
• HDFC Bank
• Axis Bank
• Bank of Baroda (BOB Bank)
• ICICI Bank (ICIC Bank)

Amount Received by Cattle Credit Card

Different amounts have been made available for different animals in the Pashu Kisan Credit Card Scheme. The details of the amount provided for the animals are as follows:-

• For cow rearing – Rs 40,783/-
• For buffalo rearing – Rs 60,249/-
• For sheep and goat rearing – Rs 4,063/-
• For Poultry – Rs 720/-
• The amount provided above has been fixed for only one animal, the amount will be provided per animal as per the number of animals you keep.