PM-KISAN beneficiaries can avail KCC loan
Source: The Sangai Express
Imphal, February 11 2020:
Lead District Manager of SBI (Kakching & Chandel), Nongiraithem Nimai has urged to all the beneficiaries of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) to avail KCC (Kisan Credit Card) loan.
Addressing a press meet held at Classic Grande today, Nimai continued that the Central Government, as part of its special drive, has facilitated KCC loan to beneficiaries of PM-KISAN.
He informed that the PM-KISAN scheme was launched on February 2019 under which the Central Government provides funding of Rs 6000 (in a year) to each farmers.
The fund is given away as instalments of Rs 2000 per distribution, he added.
Meanwhile, the Government had advised the banks to allow KCC loan to those individuals who had benefited from PM-KISAN.
Nimai further appealed to all the beneficiaries to go to their respective banks, where they have PM-KISAN account for enrolment under KCC, and avail the said loan while adding that no document charge, processing charge or inspection charge will be taken and that the beneficiaries can get the loan for free.
Beneficiaries can avail KCC loan up to Rs 3 lakh, he said and added that fanners who are KCC holders and also do animal husbandry and fisheries activities can approach the bank branch for sanction of additional limit.
Nimai further stated that there are 1,73,789 beneficiaries of PM-KISAN in Manipur at present out of which 25,156 have received KCC loan.
As such, there are many beneficiaries who have not availed KCC loan, he noted.
Earlier, KCC loans are given to farmers of agriculture of horticulture but now, the opportunity has been opened to farmers of fishery, animal husbandry, Nimai added.