Additionally, with the assistance of KCC, farmers are excluded from the exorbitant financing costs of the standard credits offered by banks as the loan fee for KCC begins as low as 2% and midpoints at 4%. With the assistance of this plan, farmers can reimburse their credits relying upon the reaping time of their harvest for which the advance was given.
Farmers can likewise apply for Kisan Credit Card through the State Bank of India. SBI began this online support of work with KCC Review. SBI tweeted: "Engaging farmers by working with KCC Review include on YONO Krishi stage! SBI farmers clients would now be able to apply for KCC audit without visiting the branch, and for this, they just need to download the SBI YONO application."
Here are the means to apply on the web
Stage 1: Downloaded SBI YONO application
Stage 2: Log in at https://www.sbiyono.sbi/index.html
Stage 3: Then, click on the option of the YONO Krishi
Step4: Then go to the option termed as the “Khata”
Stage 5: Go to the KCC Review area
Stage 6: Click on Apply and the process is done to resolve
To guarantee that all qualified farmers are given issue free and convenient acknowledgment for their rural tasks, the focal Government had presented the Kisan Credit Card (KCC) Scheme to empower the farmers to buy agrarian information sources like seeds, manures, pesticides, and so forth, as indicated by Ministry of Finance.
"The KCC Scheme has been streamlined further w.e.f. 2012, which has the arrangement of ATM empowered charge card with, offices of one-time documentation, inherent expense acceleration in the breaking point, quite a few withdrawals inside the cut-off, and so on," the Ministry of Finance said in February 2021.
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