PM Kisan Yojana: How to get free credit card, know application process

Since February 2020, the Union Government has been running a special drive to provide Kisan Credit Cards to farmers availing of the PM Kisan Yojana and the eighth instalment of the PM Kisan Yojana could be given to farmers anytime soon.

After linking the Kisan Credit Card to PM Kisan Yojana, the Modi government had announced the issuance of Kisan Credit Card to 2.5 crore farmers. So far, 1.5 crore farmers have been given Kisan Credit Cards. Under this scheme, a target has been set to provide 2 lakh crore rupees as farmers loan.

No need for KYC:

Following the linking of PM Kisan Yojana with the Kisan Credit Card, farmers do not need for the farmers to get the KYC done. Now farmers have to fill only a one page form to get a Kisan Credit Card. This form can be downloaded from the pmkisan.gov.in website.

Things to keep in mind while applying for the Kisan Credit Card:

The minimum age of the farmer applying for Kisan Credit Card should be 18 years and maximum age of 75 years. 
Applicants above 60 years of age will also need a co-applicant to apply.
Under the Kisan Credit Card, a farmer can get a loan of up to Rs 3 lakh for farming. This amount will be paid to the farmer at an interest rate of 4 percent.
In addition to farmers, those who do animal husbandry, fisheries can also apply for agricultural loans under the Kisan Credit Card. It is also not compulsory for the applicant to have agricultural land.
Animal husbandry or fisheries can avail a loan of up to Rs 2 lakh at an interest rate of 4 percent.