The animal husbandry business is witnessing rapid growth in the country from the last few decades. Viewing this scenario, the central and state governments are bringing several important schemes for further growth in animal husbandry business. In order to promote and encourage animal husbandry in the state, the Haryana government has introduced the Pashu kisan Credit Card Yojana for cattle farmers keeping in mind the demand and opportunity in the coming years.
Govt to Give Loan up to 1 lakh 60 thousand
As per the official notification, the state government is going to give up to 1 lakh 60 thousand rupees under Pashu Kisan Credit Card. At the same time, Pashu Kisan Card can be used as a bank debit card which was started in December by Haryana Animal Husbandry and Agriculture Minister JP Dalal. Moreover, the amount can be withdrawn and anything can be purchased within the prescribed limit. As per reports, there is a provision to give a loan of Rs 60249 per buffalo under the Pashu Kisan Credit Card Scheme while the vowed to give Rs 40783 per cow. As per reports, the responsibility of making Pashu Kisan Card has given to veterinarians.
Benefits of Pashu Kisan Credit Card Yojana:
The animal farmer credit cardholder can get a loan of up to 1 lakh 60 thousand from the bank without pledging anything. However, if it is more than one rupee, collateral security will be required.
The loan will be given by all banks to the animal farmer credit card holder at a simple interest rate of 7% per annum. On payment of this 7% interest rate on time, a grant of 3% interest rate is given by the Government of India on the loan amount up to Rs. 3 lakh.
Loans up to 3 Lakh at 12% per Annum Simple Interest
The credit cardholder can take a loan of more than 3 lakh outstanding dues at 12% per annum simple interest.
According to the different categories of animals and the duration of the financial scale, the livestock will be given equal loan every month according to the financial period.
Documents Required for Pashu Kisan Credit Card Yojana
- Application form as per bank format
- Hypothecation agreement
- Documents for KYC identification, voter card, Aadhaar card, PAN card etc.
- Other documents as per bank
How to Apply for Pashu Kisan Credit Card Yojana?
If you have applied to get a Kisan credit card (KCC), then you will not have much problem in making Pashu Kisan Credit Card Yojana. The two plans are almost the same. Pashu Kisan Credit Card Yojana is run for cattle whereas under Kisan credit card scheme (KCC), you are given loans above the ground. The documents required for both the schemes are also almost the same and the process of application is also completely the same.
How to Get Pashu Kisan Credit Card?
You can get Pashu Kisan Credit Card made through offline (offline) bank only, for this you will have to go to the bank and fill the form and in the form you will also have to submit KYC documents. It is mandatory to use Aadhaar card as KYC (KYC) documents and with this you can attach documents like Voter ID card or PAN card.