Pashu kisan Credit Card Yojana: Eligibility, Benefits, Loan Amount, Necessary Documents & Methods to Apply

The past few decades are witnessing an increase in animal husbandry businesses across the country. Recently, the Animal Husbandry and Dairying Department along with the Ministry of Fisheries had released the 20th Livestock Census Report. This report has revealed that the animal husbandry business in the country is increasing and growing rapidly. In view of these reports, the central and state governments are taking important steps to further increase the animal husbandry business across the country. 

The government has recently introduced ‘Pashu Kisan Credit Card’ for animal farmers to increase the animal husbandry business across the country. Moreover, it has been decided by RBI to extend the KCC facility for a working capital requirement for activities related to Animal Husbandry and Fisheries. 

Meanwhile, Haryana has become the first state in the country to get Pashu Kisan Credit Card, said Haryana Agriculture and Farmers Welfare Minister JP Dalal on Friday where the Animal Farmers Credit Card Scheme has been launched to promote animal husbandry and agribusiness.

Benefits of Pashu Kisan Credit Card Scheme

If a cattleman has a cow, he can take a loan up to Rs 40783. While Pashu Kisan Credit Card can be used for the loan of 40783 rupees for a cow, the loan will be given to the cattleman in 6 equal installments every month on the basis of financial scale from the bank i.e. 6797 per month. If for some reason the farmer is not able to get the credit for a month, he can also take the credit of the previous month for the next month.
In this way, in 6 months, the total amount of Rs 40783 will now be returned with a 4% annual interest within a gap of 1 year. This amount will have to be returned within one year with a 4% annual interest. The time interval for the cardholder to return the 1-year amount will start from the same day he receives the first installment.

How to Apply for Pashu Kisan Credit Card?

To get a Pashu(animal) credit card, you have to go to the bank, where you can apply for it. The application form of the animal credit card scheme will be found in the bank itself, along with which many documents will have to be installed in the KYC document, Aadhaar card, PAN card, Voter ID, etc. Other documents According to the demand of the bank, the benefit of animal credit will be given on the basis of the financial scale of the animal. Like cows 40783 a year buffalo 60249 a year sheep and goats 4063 a year pigs 16337 a year. 

Important Documents for Pashu Kisan Credit Card

Aadhaar card, PAN card, Voter ID, Bank Account

Eligibility to Get Pashu Kisan Credit Card:  

The criteria for eligible beneficiaries under KCC for Animal Husbandry and Fisheries will be as under: 

• Fishery: Inland Fisheries and Aquaculture: Fishers, Fish Farmers (individual & groups/ partners/ sharecroppers/ tenant farmers), Self Help Groups, Joint Liability Groups and women groups. The beneficiaries must own or lease any of the fisheries-related activities such as pond, tank, open water bodies, raceway, hatchery, rearing unit, possess a necessary license for fish farming and fishing-related activities, and any other State-specific fisheries and allied activities.

• Marine Fisheries: Beneficiaries listed above, who own or lease registered fishing vessel/boat, possess necessary fishing license/permission for fishing in estuary and sea, fish farming/mariculture activities in estuaries and open sea and any other State-specific fisheries and allied activities. 

• Poultry and small ruminant: Farmers, poultry farmers either an individual or joint borrower, Joint Liability Groups or Self Help Groups including tenant farmers of sheep/goats/pigs/poultry/birds/rabbit and having owned/rented/leased sheds.

• Dairy:  Farmers and Dairy farmers either individual or joint borrower, Joint Liability Groups or Self Help Groups including tenant farmers having owned /rented/leased sheds.