Animal Farmer Credit Card

By | September 15, 2020

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Animal Farmer Credit Card

Haryana is the only state to issue credit cards to cattle farmers. Banks have received 3,66,687 applications so far. Cards have been issued approving 57,106. The government has decided to issue 8 lakh such cards. No guarantee is required to borrow Rs 1.60 lakh.

How much money for which animal

40,783 per cow

60,249 for buffalo

4,063 for sheep and goats

16,337 for pigs

720 for chicken

How to apply

You have to go to the nearest bank and apply.

Must go to the bank with documents. There is an application form to be filled. KYC has to be done. For KYC, farmers will have to provide Aadhaar card, PAN card, voter ID card and passport size photo.

Get an animal credit card within 1 month after all work is completed. On which you can get a loan at 7% interest. There is a provision of 3% discount from the central government. The maximum loan will be Rs 3 lakh.

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