Kisan Credit Card Yojana 2024, Online Apply, Benefits, Eligibility Check More Details Here

The Kisan Credit Card Yojana (KCC) is a scheme launched by the Indian government to provide short-term, revolving credit to farmers across the country. Introduced in 1998, the scheme aims to mitigate financial shortfalls faced by farmers during crop cultivation, harvesting, and maintenance of their produce. In this article, we will delve into the features, benefits, and eligibility criteria for the Kisan Credit Card Yojana 2024, along with the process of online application and required documents.

Key Features and Benefits

Feature	Description
Revolving Credit	Offers a revolving credit facility with a 12-month repayment period.
Flexible Limit	Provides a flexible credit limit based on crops cultivated, scale of finance, and maintenance expenses.
Accident Insurance	Covers farmers against financial losses in case of death, permanent total disability, loss of limbs, or eyes.
Low Interest Rate	Offers an interest rate between 2% to 4%.
Simplified Application Process	Has a simplified application and documentation process.
Conversion and Rescheduling	Allows farmers to convert or reschedule their loans in case of crop damage due to natural calamities.

Eligibility Criteria

Category	Eligibility
Individual Farmers	Owner-cultivators, tenant farmers, oral lessees, and sharecroppers.
Self-Help Groups (SHGs)	Groups of farmers, including tenant farmers, sharecroppers, and women groups.
Fishermen	Fishermen who own a registered boat or vessel and possess necessary licenses.
Poultry and Dairy Farmers	Farmers involved in poultry and dairy farming.

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Documents Required

Document	Description
Proof of Identity	PAN Card, Aadhaar Card, Voter’s ID Card, Passport, Driving License, or any other government-approved photo ID.
Proof of Income	Bank statement for the last three months, salary slips for the last three months, audited financials for the last two years (for self-employed), Form 16, etc..
Address Proof	Aadhaar Card, Passport, utility bills (not more than three months old), or any other government-approved address proof.

Online Application Process

Step	Description
1. Visit the Official Website	Go to the official website of the bank or financial institution offering the KCC scheme.
2. Fill the Application Form	Fill out the application form with the required details and attach the necessary documents.
3. Submit the Application	Submit the application form and wait for the bank’s response.