If you are a farmer and you do animal husbandry then this Pashu Kisan credit card scheme is very beneficial for you. If you are a cattle rearer then the govt will give you 40,000/- INR or if you have buffalo then it will provide you 60,000 INR.
Any farmer can get a maximum of 1 to 1.5 lakhs through this scheme.
Pashu Kisan credit card scheme
This scheme is started for those farmers who have very less or no ground for farming and they are managing the expenses of their family by the animal rearing.
Under this scheme, the small farmers or those poor people who had to leave their beloved animals due to less money will be benefited. This scheme will benefit those who sell their animals due to financial problems and are not capable to get treatment for their cattle if they fall sick. Under the Pashu Kisan credit card scheme, these Kisans will be benefited by the government.
Benefits of Pashu Kisan credit card scheme
- If you have cow then the government will give you Rs 40,000/- on each cow.
- If you rear buffalo, then you will get Rs 60,000/- on each buffalo.
- If you rear goats, then you will get Rs 4,000/- on each goat.
- And if you rear seal suwar, then you are able to get Rs 16300/- per year.
What is Pashu Kisan credit card scheme and how it works
Pashu Kisan credit card scheme works the same as like Kisan credit card scheme.
Under this scheme, the Pashu Kisan can get loans from banks in a minimum rate of interest.
In this scheme, the Pashu Kisan has to pay the loan money at very cheap interest rates.
How much money a Pashu Kisan get on each animal
If you have a cow, then you can take a loan up to Rs 40783/- on each cow per year. This loan is given to Pashu Kisan by the bank in six installments on the financial parameters i.e, Rs 6797/- per month.
If in any circumstances, the Kisan doesn’t get an installment of a month then he will receive it in the next month.
The Pashu Kisan has to pay this loan amount on a 4% rate of interest.
How to apply the Pashu Kisan credit card scheme
You can apply in this scheme only through offline mode. You have to go to the bank and collect the firm to apply for PMKisan Pashu Kisan credit card. In this form, you have to attach all KYC documents.
Required documents for PMkisan Pashu credit card scheme
- Aadhar card
- Other identity cards like pan card and voter card.
- Kisan Registration photocopy
- Other documents according to the bank.