Excelsior Correspondent
JAMMU, Nov 15: Punjab National Bank (PNB) in coordination with Agriculture Department organized Kissan Credit Card disbursement function at Akhnoor.
The function was inaugurated AK Mota, Chief Manager, Circle Office Jammu, in which over 220 KCC were distributed to the farmers.
While speaking, AK Mota gave broader outline of Kisan Credit Card (KCC) Scheme aiming at providing adequate and timely support from the banking system to the farmers for their short-term credit needs.
He informed that KCC has helped farmers to buy quality seeds, enhance land use and increase agricultural production, he added. He further said that KCC happens to be cheapest and affordable as the effective interest rate for a regular repaying borrower comes down to as low as 4 per cent per annum.
Arun Jaral, JAEO from Agriculture Department urged the farmers to avail the maximum benefits of the KCC scheme so that their economic conditions can improve. He assured full support from Agriculture Department for all these ventures.
SS Chib, District Coordinator PNB, Sanjay Koul, Manager Akhnoor branch, Rakesh Kumar, Manoj Kumar, Managers Agriculture, Pradeep Atkan Agriculture Officer of the Bank, large number of beneficiaries and staff members of the Bank were also present.
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