Maryam Nawaz Sharif initiated the Kisan Card Loan Scheme for Punjabi farmers, assisting in fertilizer purchases and crop cultivation. The scheme offers interest-free loans from the Punjab government, with loans up to 1.2 lakh rupees available to eligible individuals, paid in monthly installments. The scheme aims to help farmers access essential resources and support their agricultural endeavors.
Contents
Kisan Card Loan Scheme
The Kisan Card Loan Scheme is a government initiative designed to assist poor Punjabi farmers in boosting their crop production. The scheme offers an interest-free loan of approximately 1.5 lakh rupees to eligible farmers, enabling them to purchase fertilizers for crop cultivation. To apply, farmers must meet eligibility criteria and complete the registration procedure. The scheme is particularly beneficial for those who lack additional funds to address farming issues and are unable to solve their farming problems.
| Point | Details |
| Loan Amount and Terms | Interest-free loans up to Rs 1.2 lakh, paid in monthly installments. |
| Eligibility Criteria | For Punjab farmers owning 1 to 12.5 acres of land, with a registered mobile SIM and valid NADRA ID card. |
| Registration Process | Send a 13-part ID card number via SMS to 8070 for verification by Punjab government representatives. |
| Objectives | Provide Rs 300 billion in interest-free loans to farmers, facilitating fertilizer and seed purchases. |
Check Eligibility for the Kisan Card Loan Scheme in 2024
- Kisan Card Loan Scheme Eligibility Criteria
- Designed for Punjab farmers owning land from 1 acre to 12 and a half acres.
- Farmers must not receive funds from other government departments.
- SIM registered on the mobile phone ID card.
- Valid and updated identity card required by Nadra.
- Land registered with a record center.
8070 Kisan Card Loan Scheme Registration Procedure
Farmers can register for the Kisan Card Loan Scheme from Carlon by sending a 13-part ID card number to 8070 via SMS. The Punjab government representatives will check and verify the card, and after verification, the 8070 representative will inform farmers if they are eligible for the scheme.
Main Objectives Of Punjab Kissan Card
Chief Minister Punjab has partnered with the Bank of Punjab and the Department of Agriculture to provide farmers with 300 billion rupees of interest-free production loans. Each farmer will receive an easy loan of up to 125 lakh rupees, and the Kisan card will help them purchase fertilizer and seeds. The Kisan card will be acquired through SMS for the convenience of farmers.
Conclusion
The Punjab Kisan Card Loan Scheme is a unique initiative designed for Punjabi farmers to enhance their income and boost crop production. This initiative aims to strengthen the agriculture sector in Pakistan, contributing to the country’s development.
Also Read: Benazir Kafalat Program: 3rd Installment Payments to Start New Upadte 2024
FAQs
Who is eligible for the Kisan Card Loan Scheme?
Farmers in Punjab owning 1 to 12.5 acres of land, with a valid ID card registered with Nadra, and not receiving funds from other government departments, are eligible.
How can I register for the Kisan Card Loan Scheme?
Send your 13-part ID card number via SMS to 8070. The Punjab government representatives will verify your details and inform you about your eligibility.