Loan For Farmer Through Kisan Card By Maryam Nawaz 2024 Update

Loan For Farmer Through Kisan Card By Maryam Nawaz 2024 Update

Kisan Card Update by Maryam Nawaz for 2024

Loan For Farmer Through Kisan Card By Maryam Nawaz 2024 Update If you are a farmer, there’s good news from Maryam Nawaz, who has announced a subsidy initiative for farmers. The Punjab government will issue Kisan Cards in 2024, allowing farmers to receive subsidies. This initiative, launched by Maryam Nawaz, aims to address the challenges faced by farmers, specifically in Punjab.

Eligibility and Registration for Kisan Card

• Exclusive to Punjab: The Kisan Card is currently available only for farmers residing in Punjab. Farmers from other provinces are not eligible.
• Registration Process: To qualify for the Kisan Card, you need to register. Registration can be done at HBL connected centers. After completing the registration, you will be issued a Kisan Card.

Benefits of the Kisan Card

The Kisan Card is introduced to tackle the severe food shortages in Punjab. Farmers holding this card will receive free subsidies, which will assist them in several ways:

• Subsidized Fertilizers and Supplies: Farmers facing crop failures and significant losses can use the Kisan Card to purchase fertilizers and other essential items at reduced prices.
• Financial Assistance: This initiative provides substantial support to farmers, helping them recover from agricultural setbacks and enhance their productivity.

Online Registration for Kisan Card

If you want to apply for the Kisan Card, here is the procedure you need to follow. Currently, online registration for the Kisan Card is not available, so you will need to visit an HBL Bank branch to complete your registration.

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Steps for Kisan Card Registration

1. Visit HBL Bank: Go to your nearest HBL Bank branch.
2. Provide Required Information: Submit all necessary details and documentation about your farming activities.
3. Subsidy Details: Farmers can receive up to a 50% subsidy based on the quality of their crops.
4. Financial Assistance: In addition to subsidies, farmers are eligible for a loan of 30,000 PKR per acre. The Punjab government has allocated a budget of 150 billion PKR for this initiative, which will be distributed across different categories.

Kisan Card Update

As mentioned, online registration is not currently available for the Kisan Card. You must visit a designated registration center to complete the process. At the center, provide all your bio-data and farming details. If your crops have suffered losses and your poverty score meets the criteria, you will be issued a Kisan Card. This card allows you to obtain fertilizers and essential items at subsidized rates.

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Conclusion

The Kisan Card, introduced by Maryam Nawaz, aims to provide substantial support to farmers through subsidies and loans. Currently, loans of 30,000 PKR per acre are being offered to financially support poor farmers. To benefit from this scheme, ensure you complete your registration promptly at an HBL Bank branch to receive up to a 50% subsidy and mitigate the losses incurred from crop damage.