The Pashu Kisan Credit Card Yojana, launched by the Haryana Government in 2022, is aimed at providing financial assistance to livestock farmers. Through this scheme, farmers can avail loans ranging from ₹1.6 lakhs to ₹3 lakhs without any collateral. The interest rate on the loan is just 4%, with an additional 3% subsidy provided by the government.
Objectives of the Scheme
The objective of the Haryana Government behind this scheme is to promote animal husbandry and increase farmers’ income in the state. With the help of this scheme, farmers will receive financial support for livestock care and treatment, and it will also aid them in expanding their business.
Loan Rates and Eligibility
- For cows: ₹40,783 per cow
- For buffaloes: ₹60,249 per buffalo
- For sheep and goats: ₹4,063 per sheep/goat
- For poultry: ₹720 per unit
Key Features of Pashu Kisan Credit Card Yojana
- Loan Without Collateral: Farmers can avail a loan of up to ₹1.6 lakhs without the need for any security.
- Low-Interest Rate: The loan will be provided at a low interest rate of 4%, much lower than the usual bank rates of 7%.
- One-Year Repayment: The interest must be repaid within a year for farmers to be eligible for the next installment of the loan.
- Business Expansion: Farmers can use this loan to not only take care of their existing livestock but also purchase new animals, helping them expand their business.
Eligibility Criteria for the Scheme
- The applicant must be a permanent resident of Haryana.
- The applicant should own livestock.
- The livestock must have insurance and a health card.
Documents Required
- Aadhar Card
- PAN Card
- Proof of residence
- ID proof
- Mobile number
- Passport-sized photographs
- Livestock health and insurance card
How to Apply for Pashu Kisan Credit Card Yojana
Farmers can apply for this scheme through both online and offline methods:
Online Application Process:
- Visit the nearest CSC (Common Service Center) to fill out the application form, as the card will be issued by government-designated banks.
Offline Application Process:
- Visit the nearest bank offering the Pashu Kisan Credit Card.
- Obtain the application form from the bank, fill it out carefully, and attach the required documents.
- Submit the form to the bank for KYC verification.
- If eligible, the Pashu Kisan Credit Card will be issued within 30 days.
Benefits of the Scheme
- Helps farmers improve their livestock business.
- Low-interest loans are accessible without the need for collateral.
- Assists in livestock care, including treatment for diseases and routine check-ups.
- Facilitates the purchase of new livestock for business growth.
Frequently Asked Questions (FAQs)
- What is Pashu Kisan Credit Card Yojana? This scheme provides credit cards to livestock farmers, enabling them to avail loans between ₹1.6 lakhs to ₹3 lakhs without any collateral.
- Which state has implemented this scheme? The scheme is implemented in the state of Haryana.
- What is the interest rate on the loan under this scheme? The loan is provided at an interest rate of 4%.
- Who can apply for the Pashu Kisan Credit Card? Livestock farmers, cattle owners, and fish farmers belonging to economically weaker sections are eligible to apply.
- What is the official website for the Pashu Kisan Credit Card Yojana? The official website is yet to be launched.