पशु किसान क्रेडिट कार्ड:- The Indian Government aims to double farmers’ income by 2022 and has initiated the Pashu Kisan Credit Card Scheme in line with this goal. In this article, we will share key details about the scheme, including its definition, purpose, benefits, features, eligibility criteria, required documents, and the application process. For a comprehensive understanding of the Pashu Kisan Credit Card Yojana, please read the article in its entirety.
Pashu Kisan Credit Card Yojana 2024
Contents
Haryana’s Animal Husbandry and Agriculture Minister, JP Dalal, launched a scheme to provide loans to cattle farmers. Farmers with cows can receive a loan of ₹40,783, while those with buffaloes can avail a loan of ₹60,249. To access the loan, cattle rearers need to obtain a Pashu Kisan Credit Card. The loan amount, provided in six equal installments under this scheme, must be repaid by the beneficiary over a one-year period with a 4% interest rate. The interest applies from the day the cattle rearer receives the first installment.
Pashu Kisan Credit Card Overview
| Name OF The Scheme | Pashu Kisan Credit Card |
| Launched By | Haryana Government |
| Beneficiary | Animal Husbandry of Haryana |
| Objective | To increase animal husbandry business in the state |
| Year | 2024 |
| Category | Govt. Scheme |
| Official Website | https://www.indianbank.in/ |
Objective of Pashu Kisan Credit Card Scheme
The state government has initiated the Pashu Kisan Credit Card Scheme 2024 to address the challenges faced by farmers in villages who also rear animals alongside farming. This scheme aims to provide farmers with the financial means to better care for their animals by offering loans. The goal is to enhance the animal husbandry business in the state by 2024, leading to the modernization of agriculture and animal husbandry practices similar to developed countries.
Beneficiaries of Pashu Kisan Credit Card
| Area | Beneficiary |
| Fisheries | Groups of fish farmers, including individuals, partners, groups, tenant farmers, sharecroppers, women groups, and joint liability groups. |
| Marine fish farming | Various groups eligible for support include Self Help Groups, Fish Farmers (Individuals, Partners, Groups, Tenant Farmers, and Sharecroppers), Women Groups, and Joint Liability Groups. |
| Poultry | Eligible entities for support include individual or joint farmers, poultry farms, joint liability groups, and self-help groups (including tenant farmers of goats, sheep, poultry, pigs, rabbits, birds, etc.). |
| Dairy | Eligible groups for support include farmers, dairy farmers (individual or joint borrowers), joint liability groups, and self-help groups (tenant farmers with owned or leased sheds). |
Pashu Kisan Credit Card Interest Rate
In the state, 1.6 million families own milch animals, and these animals are being tagged. To access the benefits of the Pashu Kisan Credit Card Scheme, you can apply. Once approved, you’ll receive the Pashu Kisan Credit Card. While banks typically charge a 7% interest rate on loans, cattle farmers under this scheme will only have to pay 4% interest. Additionally, the Central Government offers a 3% discount. Farmers can avail a maximum loan of up to ₹300,000.
Pashu Kisan Credit Card Loan Amount
| Animal | loan amount |
| Cow | ₹40783 |
| Buffalo | ₹60249 |
| Sheep Goat | ₹4063 |
| Hen(egg laying) | ₹720 |
Top banks offering Pashu Kisan Credit Card
- State Bank of India
- Punjab National Bank
- HDFC bank
- Axis Bank
- Bank of Baroda
- ICICI Bank etc.
Pashu Kisan Credit Card Loan Amount
- For Cows- ₹ 40,783/-
- For Buffalo- ₹ 60,249/-
- For sheep and goat- ₹ 4,063/-
- For poultry farming- ₹ 720/-
Benefits of Pashu Kisan Credit Card Yojana 2024
- Farmers can obtain loans against insurance by pledging any item under the Pashu Kisan Credit Card Yojana.
- Credit cards issued under this scheme can be used like debit cards in the bank.
- Cattle rearers can avail a loan of Rs 60,249 per buffalo and Rs 40,783 per cow through this program.
- Credit card holders can borrow up to Rs 1.60 lakh without the need for collateral security.
- Loans for animal rearing come with a seven percent annual interest rate from all banks, which can be reduced to three percent if the interest is paid on time.
- For amounts exceeding Rs 3 lakh, the interest rate is set at 12 percent.
- It is crucial to repay the interest within one year to access the loan amount for the following year.
Required Documents
- Applicant must be a permanent resident of Haryana state
- Animals should have health certificate.
- Loan will be available only on those animals which are insured.
- Civil should be correct to take loan.
- Applicant’s Aadhaar Card, PAN Card, Voter ID Card
- mobile number
- passport size photo
How to apply for Pashu Kisan Credit Card 2024?
- Visit the nearest bank in Haryana if you’re interested in getting a Pashu Credit Card https://www.indianbank.in/.
- Bring all necessary documents with you to the bank.
- Obtain an Application Form from the bank.
- Carefully fill in all the required information on the Application Form.
- Attach photocopies of documents such as Aadhaar card, Pan card, Voter ID card, etc., to the application form.
- Submit the completed application form along with the attached documents to the bank official.
- The bank will verify your application, and if successful, you will receive the Animal Credit Card within 1 month.
Conclusion
In conclusion, the online application process for the Pashu Kisan Credit Card 2024 provides a streamlined avenue for farmers to access benefits. With a focus on essential documents, advantages, and the application form, this initiative aligns with the government’s commitment to agricultural welfare. Farmers are encouraged to take advantage of this opportunity, contributing to the growth and prosperity of the agricultural sector. The simplicity and convenience of the online application underscore the commitment to ease and efficiency in supporting our farming community.
FAQ’s
What is the Pashu Kisan Credit Card 2024 scheme?
The Pashu Kisan Credit Card 2024 scheme is a government initiative aimed at providing financial support to farmers involved in animal husbandry.
How can I apply online for the Pashu Kisan Credit Card?
Visit the official website, fill out the online application form, and submit the required documents as specified in the guidelines.
What documents are needed for the online application?
Necessary documents include identification proofs, land documents, and details related to animal husbandry practices. Refer to the official guidelines for a comprehensive list.
What are the benefits of the Pashu Kisan Credit Card 2024?
Benefits include access to loans, reduced interest rates, and financial assistance for the welfare of livestock.
Is there any specific eligibility criteria for this scheme?
Eligibility criteria typically include being a farmer engaged in animal husbandry. Refer to the official guidelines for detailed eligibility requirements.
Jatin Dubey is a 26-year-old MBA student whose passion for storytelling and a deep love for literature have fueled his journey as an aspiring author. Born and raised in a small town, Jatin discovered the magic of words at a young age when he stumbled upon an old, dusty library tucked away in a forgotten corner of his neighborhood. As he delved into the world of books, he found solace and inspiration in the pages of classic novels and contemporary fiction.