मुख्यमंत्री कृषि ऋण योजना 2024 ऑनलाइन आवेदन, पात्रता, लाभ?

मुख्यमंत्री कृषि ऋण योजना: Furthermore, farmers that repay their short-term production credit (crop loan) within one year of disbursement or withdrawal are eligible for 3% annual interest relief. In other words, farmers who take out loans of up to Rs. 3.00 lakhs and return them on time qualify for the zero-interest credit option. NABARD serves as the channel partner for reimbursement to banks of the interest subvention amount, following the regulated format outlined in a circular issued separately to all banks.

The state government also provides a notification in which the Circle Officer issues a certificate indicating the cultivated land and crops being grown, Chief Minister Krishi Rinn Yojana 2024 is considered a valid document by banks for giving Kisan Credit Cards to farmers.

Chief Minister Krishi Rinn Scheme

Chief Minister Krishi Rinn Yojana 2024 (CMKRY) is an initiative launched by the Arunachal Pradesh government to assist farmers in the state by providing them with zero-interest crop loans. The government grants a 4% interest subsidy on agricultural loans or Kisan Credit Card limits of up to Rs. 3.00 lakhs sanctioned by all banks during the current fiscal year under this plan. This interest subsidy is in addition to the subsidy provided by the Government of India to banks and farmers under the policy circular published by the RBI/NABARD.

Furthermore, farmers who repay their short-term production loans (crop loans) within one year of disbursement or withdrawal are eligible for 3% annual interest relief. In other words, farmers who take out loans of up to Rs. 3.00 lakh and pay them back on time are eligible for the zero-interest credit option. NABARD is the channel partner for reimbursement to banks of interest subvention amounts, as specified in a circular issued separately to all banks. The state government also provides a notification in which the circle officer issues a certificate of the cultivable area and crops grown, which banks accept as a valid document when giving Kisan Credit Cards to farmers.

मुख्यमंत्री कृषि ऋण योजना

Highlights of CM Krishi Rinn Mafi Yojana 

Scheme Name मुख्यमंत्री कृषि ऋण योजना
Objective Providing zero-interest crop loans to farmers in Arunachal Pradesh.
Interest Subsidy 4% interest subsidy on agricultural loans or Kisan Credit Card limits up to Rs. 3.00 lakhs.
Additional Interest Relief 3% annual interest relief for farmers who repay short-term production loans within one year.
Implementing Authority Arunachal Pradesh government in collaboration with NABARD.
Eligible Farmers Farmers in Arunachal Pradesh, including small, marginal, and major farmers.
Category Govt of Arunachal Pradesh
Official website https://anjaw.nic.in/

Benefits and features of मुख्यमंत्री कृषि ऋण योजना 

  • Farmers benefit financially from zero-interest crop loans, which decrease the burden of their interest payments.
  • Farmers benefit from easy access to formal loans through banking channels, which promotes financial inclusion.
  • Crop loan payments made on time allow farmers to receive interest relief, incentivizing prompt payment behavior.
  • The interest subsidy supplied by the Government of Arunachal Pradesh supplements the subsidy provided by the Government of India, enhancing the overall benefits to farmers.
  • NABARD’s position as a channel partner guarantees that banks are reimbursed efficiently while expediting the subsidy process.
  • Farmers who obtain crop production loans from Kisan Credit Cards or commercial banks, APRB, and APSCAB Limited are eligible for the initiative.

Eligibility 

  • Farmers in Arunachal Pradesh are eligible for the initiative.
  • Farmers must meet the banks’ eligibility standards and documentation requirements.
  • The initiative applies to both small and marginal farmers in the state, as well as major farmers.
  • Farmers with Kisan Credit Cards or agricultural production loans from commercial banks, APRB, and APSCAB Ltd are eligible for the scheme.
  • Farmers must have a strong repayment history and return their short-term production credit (crop loan) within one year.
  • Crop loans or Kisan Credit Card limits of up to Rs. 3.00 lakhs are eligible for the plan.
Documents Required 
  • Proof of identification (Aadhaar card, Voter ID, PAN card, etc.)
  • Account information
  • Photographs the size of a passport
  • Other papers required by the participating bank
  • Documents proving land ownership or a lease arrangement
  • Income certificates or other forms of proof of income
How to fill out the offline form for मुख्यमंत्री कृषि ऋण योजना 2024?
  1. Visit the nearest participating bank branch.
  2. Collect the crop loan or Kisan Credit Card application form.
  3. Fill out the application form completely and accurately.
  4. Attach any documents required by the bank, such as identification evidence, land ownership paperwork, income certificates, and so on.
  5. Send the completed application form and supporting documentation to the bank.
  6. The application will be reviewed, eligibility will be determined, and the loan request will be processed.
  7. The loan money will be transferred to the farmer’s account upon approval.

अग्निपथ योजना

Official Link Click Here
ModiScheme Homepage Click Here

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