To Provide Interest Subvention to Animal Husbandry of the State at the Rate of 4% to the Beneficiaries Kisan Credit Card

DETAILS The scheme "To Provide Interest Subvention to Animal Husbandry of the State at the Rate of 4% to the Beneficiaries Kisan Credit Card" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to offer financial assistance to animal husbandry practitioners (cattle breeders) in Gujarat who have availed short-term loans under the Kisan Credit Card. The interest subvention of 4% is granted upon timely repayment, thereby reducing the interest burden and improving the economic stability of cattle breeders. BENEFITS Name of Component Standard of Assistance Minimum Time Limit (in Year) for Reclaiming Benefits) To provide interest subvention to animal husbandry of the state at the rate of 4% to the beneficiaries Kishan Credit Card. 4% interest subvention on timely repayment of short-term loan taken by animal husbandry up to ₹2,00,000/-. only once in a financial year ELIGIBILITY The applicant must be a cattle breeder. The applicant must have taken a short-term loan from any of the following during the financial year: Primary Agricultural Credit Cooperative Society District Central Cooperative Bank Nationalized Bank Gramin Bank Private Bank The applicant must have repaid the loan on time.