Haryana Pashu Kisan Credit Card Yojana

Scheme Introduction: A Brief Overview

The Pashu Kisan Credit Card (Pashu Kisan Credit Card) facility in Haryana is a credit arrangement through banks for livestock farmers associated with the Department of Animal Husbandry and Dairying, Haryana. It provides loans for working capital requirements related to the maintenance and care of livestock. Under the Haryana Pashu Kisan Credit Card Yojana, livestock farmers engaged in cow, buffalo, sheep, goat, pig, and poultry rearing can obtain loans of up to ₹3 lakh. The loan can be used to meet expenses related to animal care, fodder, medicines, and other essential requirements.

This facility is available for the livestock sector under the Kisan Credit Card (KCC) system. In 2019, the Government of India extended the KCC facility to livestock and dairy farmers. In Haryana, livestock farmers are provided with access to credit through the Pashu Kisan Credit Card under this arrangement.

Under this scheme, the loan amount is determined according to the category of livestock and the prescribed financial norms. Cardholders can withdraw funds as required within the approved credit limit and use them for fodder, medicines, maintenance, and other essential livestock-related expenses. In this way, the facility helps livestock farmers meet their regular working-capital requirements.

Under the Pashu Kisan Credit Card Scheme, banks provide loans at a simple interest rate of 7% per annum. If the livestock farmer repays the loan on time, a 3% interest subvention is provided by the government, resulting in an effective interest rate of 4%. This interest subvention is available for loan amounts up to ₹3 lakh, helping livestock farmers reduce their interest burden through timely repayment.

An important feature of this scheme is that no land mortgage or collateral security is required for a loan limit of up to ₹1.60 lakh. For loan amounts above this limit, land or other security may be required. Cardholders can withdraw and deposit funds from time to time according to their approved credit limit. Under the scheme, the entire amount withdrawn within one year is required to be deposited on a single day; if the amount is not repaid within the prescribed period, the interest rate may increase to 12% per annum.

The Pashu Kisan Credit Card can also be used to withdraw money through an ATM or make purchases in the market within the prescribed credit limit. To avail of the scheme, livestock farmers can contact their nearest government veterinary hospital or bank. Documents such as an Aadhaar Card, PAN Card, animal insurance, animal health certificate, application form, and other required documents may be requested during the application process.

Key Features and Benefits of the Scheme

The benefits available to eligible beneficiaries under the scheme are as follows:

• Livestock farmers are provided with bank loan facilities through the Pashu Kisan Credit Card.
• The scheme provides for loans of up to ₹3 lakh to livestock farmers.
• Eligible livestock farmers who make timely repayments are informed of an effective interest rate of 4% after receiving a 3% interest subvention.
• The loan can be used for animal care, fodder, medicines, and other essential expenses.
• Various livestock activities, including cow, buffalo, sheep, goat, pig, and poultry rearing, are covered.
• Cardholders can withdraw and deposit the loan amount according to their needs.
• ATM withdrawal and market purchase facilities are also available according to the prescribed credit limit.
• No land mortgage or collateral security is required for a loan limit of up to ₹1.60 lakh.

Eligibility

To avail of the loan facility under the scheme, the applicant must fulfill the following conditions:

• The applicant should be engaged in livestock-related activities.
• The applicant should be a permanent resident of Haryana.
• The scheme covers cow rearing, buffalo rearing, sheep rearing, goat rearing, pig rearing, and poultry farming.

Required Documents

Applicants may require the following documents to apply for the Haryana Pashu Kisan Credit Card Yojana:

• Permanent Residence Certificate
• Aadhaar Card
• PAN Card
• Voter ID Card
• Bank Account
• Passport-size Photograph
• Mobile Number

Application Process

The Pashu Kisan Credit Card can be applied for through the offline mode. The application process can be completed through the following steps:

• Visit your nearest bank branch where you maintain a savings account.
• Ask the bank official for the application form for the Animal Husbandry and Dairying Farmers Kisan Credit Card (AHDF-KCC).
• Fill in details such as your name, address, bank account details, number and type of livestock correctly in the application form.
• Attach copies of your Aadhaar, PAN, residence proof, and animal health certificate.
• Submit the completed application form along with the required documents at the bank branch.
• After submission, the bank will process the application based on the documents provided and its applicable procedures.
• The loan amount will be determined according to the category of livestock and the prescribed financial norms.
• After approval, the loan facility will be made available according to the prescribed credit limit.

Loan Repayment and Interest Subvention

The important conditions related to repayment of the Pashu Kisan Credit Card loan are given below:

• The bank charges simple interest at the rate of 7% per annum on the loan.
• A 3% interest subvention is provided by the government for timely repayment of the loan.
• After the interest subvention, the effective interest rate for an eligible livestock farmer is stated to be 4%.
• The 3% interest subvention is stated to be applicable to loan amounts up to ₹3 lakh.
• Cardholders can withdraw loan amounts from the approved credit limit from time to time according to their requirements and deposit the amount as permitted.
• The entire amount withdrawn or spent is required to be deposited on a single day within one year.
• If the loan amount is not deposited within the prescribed period, an annual interest rate of 12% is applicable.

Use of the Loan

The loan obtained through the Pashu Kisan Credit Card can be used for the following requirements:

• Animal care
• Purchase of fodder
• Medicines
• Other essential livestock-related expenses

DBT and Payment Information

• The Pashu Kisan Credit Card is not a direct cash assistance/DBT scheme.
• Under this facility, the bank provides a loan/credit facility to the livestock farmer.
• The amount of up to ₹3 lakh is not provided as free government assistance.
• Interest is charged at 7%, and a 3% interest subvention is provided for timely repayment.

Relevant Links

• Department of Animal Husbandry and Dairying, Haryana
• Haryana Pashu Kisan Credit Card Scheme Guidelines

Contact Information

• Haryana Animal Husbandry and Dairying Helpline:
  • 0172-2574663
  • 0172-2574664
• Directorate of Animal Husbandry and Dairying, Haryana Helpdesk Email:
  • [email protected]