The government has launched a wonderful scheme for farmers, the Pasu Kisan Credit Card. Through this scheme, you can easily obtain a loan to purchase cows, buffaloes, sheep, goats, or chickens. Now, after the budget, you can get a loan of up to ₹5 lakh! Furthermore, the interest rate is also low. If you want to increase your income through animal husbandry, this scheme can be very beneficial for you.
How much loan will you get and for what?
Under this scheme, different amounts are available for different animals:
Buying a buffalo: Rs. 60,249
Buying a cow: Rs. 40,783
Buying a sheep or goat: Rs. 4,063
Buying a chicken: Rs. 720 per chicken
So, if you want to start a dairy business, you can take a loan to buy cows and buffaloes. If you want to raise chickens or goats, you can also get a loan for that.
How much interest will you have to pay?
This loan charges only 7% interest, which is very low. However, if you repay a loan of up to Rs. 2 lakh on time, you can get a 3% discount. This means you will only have to pay 4% interest!
Example:
If you take out a loan of Rs. 1 lakh and repay it on time, you will only have to pay Rs. 4,000 in interest annually. This is very low and beneficial for farmers.
How to Apply?
Applying for a Pasu Kisan Credit Card is very easy. Just follow these steps:
1. Visit your nearest bank – You need to visit any government or private bank and inquire about this scheme.
2. Fill out the form – The bank will provide you with an application form, which you must fill out with the correct information.
3. Submit documents – Attach the required documents (given below) to the form.
4. Verification – The bank will check your documents and verify your animal husbandry plan.
5. Card within 15 days! – If everything is correct, you will receive your Pasu Kisan Credit Card within 15 days.
Who is offering this loan?
This scheme is run by the Government of India and is implemented through all major banks (SBI, PNB, BOB, Canara Bank, etc.). You can apply by visiting any bank.
What documents will be required?
When applying, you will need to attach the following documents:
1. PAN card
2. Aadhaar card
3. Bank account details
4. Passport-size photo
5. Land documents (if you have land for farming or animal husbandry)
6. Any past information related to animal husbandry (if you are already engaged in animal husbandry)
Who can benefit from this scheme?
This scheme is for the following farmers:
Dairy farmers
Poultry farmers
Sheep and goat farmers
Fish farmers
Any farmer who wants to start a business related to animal husbandry
Increase your income through animal husbandry!
If you want to increase your income by raising animals alongside farming, the Animal Farmer Credit Card Scheme is a golden opportunity for you. Loans at low interest rates will allow you to easily purchase cows, buffaloes, or chickens. This will not only increase your income but also strengthen the village economy.
Also Read: Intercropping With Sugarcane: Farmers must try Papaya and Sugarcane co-cropping
Contact us – If farmers want to share any valuable information or experiences related to farming, they can connect with us via phone or WhatsApp at 9599273766 or you can write to us at “[email protected]”. Through Kisan of India, we will convey your message to the people, because we believe that if the farmers are advanced then the country is happy.
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