Kisan credit card is a scheme launched by the Government of India to meet the financial needs of Small & Marginal Farmers. This scheme safeguards farmers against moneylenders who charge a high rate of interest. Under the Kisan Credit Card Scheme, farmers are offered loans at a low rate of interest and are given interest subvention on making prompt payment. Kisan credit card interest rate and other details are given below.
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Kisan Credit Card Interest Rates can be as low as 2.00% p.a.