According to the details, Punjab Chief Minister Maryam Nawaz Sharif says that production loans of 300 billion rupees will be given to farmers annually. Every farmer will be able to get an easy loan of up to one and a half lakh rupees for one crop. The farmer will be able to purchase fertilizers, seeds and other agricultural inputs with the card. 5 lakh farmers will be able to benefit from the card.
Farmers owning up to 12.5 acres of land will be eligible for card registration.
For Kisan Card, the land must be registered with the Land Record Center and the farmer’s ID card number must be registered with the mobile SIM.
Farmer’s identity card will be verified from NADRA records.
The farmer should not be a defaulter of any financial institution.
The farmer will repay the easy installments of the interest-free loan in 6 months.
After repaying the loan, the farmer will be eligible to get the loan again for the next crop.
Applicants for Kisan Card registration can send PKC (Space) ID Card number to 8070 from their mobile.
Chief Minister Punjab Maryam Nawaz Sharif says that it is our determination to improve the prosperity and production of farmers.