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PNB organizes KCC programme 7/24/2014 12:09:20 AM Early Times Report Jammu, July 23: Punjab National Bank (PNB) today organized a Kissan Credit Card (KCC)/Tractor loan function at Branch Office Bishnah under the guidance of ML Mir DGM Circle Head J&K Circle and distributed KCCs worth Rs.1.04 Crores. According to press release, the farmers from Branch Office Arnia also participated and got KCCs to the tune of Rs.25 lacs. The keys of three tractors were also handed over to the farmers. Mir apprised them about the benefits of our new Kissan credit scheme which has the inbuilt annual enhancement facility by 10% for a period of five years. However the same is extended to the farmers having good track record like satisfactory utilization of the permitted limit, timely repayment of the dues, and payment of interest as applicable. During the function, Kalyani cards for the rural women beneficiaries were also distributed to the tune of Rs.50000/- each, a step towards women empowerment. Under Krishak Sathi Scheme , many farmers were freed from the clutches of moneylenders by financing them to take over their liabilities by the bank to the tune of Rs.100000/- each. All the farmers of the area have been sensitized about this scheme of swapping the dues to be paid to money lenders so that they are not subjected to the exploitation any more.   Share This News with Your Friends on Social Network     Comment on this Story

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