PM Kisan Samman Nidhi Yojana: Sixth installment to come from 1st August; call here to know your registration status
PM Kisan Samman Nidhi Yojana: During Coronavirus caused lockdown, PM Kisan Samman Nidhi Yojana is turning out to be of immense relief for the Indian farmers. It has helped farmers to counter the financial crisis during the lockdown period. Till date around 9.85 crore Indian farmers have been benefited from the farmers' welfare scheme. Now, the sixth installment of the PM Kisan Samman Nidhi Yojana is expected to come from 1st August 2020.
Modi Govt's message to Indian farmers
Get all details in one phone call
Annual benefit to farmers under PM Kisan Scheme
Under the PM Kisan Scheme, the Narendra Modi Government aims to connect with the marginal Indian farmers directly through direct benefit transfer (DBT). Under this scheme, a farmer who is enrolled with the PM Kisan Samman Nidhi Yojana is eligible for Rs 6,000 annual benefit that the government transfer in the farmer's given bank account in three installments of Rs 2,000 each. Photo: PTI
1.3 crore farmers yet to get money after enrollment
Here is what they need to do
Kisan Credit Card benefit to PM Kisan account holders
The Government of India (GoI) gives up to Rs 1.6 lakh KCC loan without any collateral or guarantee to the small farmers who hold KCC. As per the tax and investment experts, farmers can take loans up to Rs 5 lakh KCC loan in 3 years. The KCC loan interest rate is also very low at 4 per cent per annum. But, to avail the Kisan Credit Card facility, a farmer must open one's account under PM Kisan Samman Nidhi Yojana. Photo: ICICI Bank website