Title: A Comprehensive Guide on How to Apply for PNB Krishi Tatkal Rin
Introduction: The PNB Krishi Tatkal Rin scheme, offered by the Punjab National Bank (PNB), is a financial assistance program aimed at providing quick and hassle-free credit to farmers for meeting their agricultural needs. This article provides a comprehensive step-by-step guide on how to apply for the PNB Krishi Tatkal Rin scheme, ensuring farmers can access the funds they require efficiently.
Online process off PNB Krishi Tatkal rin to get rs.50000 as loan
Eligibilty for getting loan of PNB Krishi Tatkal rin:
- active kcc account
- Land less or equal to 5 acre
- good credit history
- proper rotation in kcc account.
Process for getting loan of PNB Krishi Tatkal rin:
- open https://digitallending.pnbindia.in/Tatkal/Processor/Tatkal
- enter your customer ID or mobile number
- enter captcha and hit send OTP button
- If you are eligible the you will be sent to next page or you will get a message that you are not eligible for the loan.
- fill 6 digit otp received and next screen will be opened
- On this screen enter loan details like land in acre,purpose of loan and amount .
- you will also get to know about your eligibility if you have land less than 1 acre.
- hit the submit button. Next screen will be opened where you will be get a message like you are not eligible due to cerfit report.
- If you are successful than you can fill you account details and one OTP will be sent to your number for verification.
- enter the verification OTP on prompted screen
- Your saving account will be credited with 49882.
- Rs.118 will be deducted for credit verification.
Rate of Interest : 9.85%
interest in 5 years – 14775
amount of each instalment of repayment -10000+interest
Repayment frequency – Yearly
Step 1: Gather Required Documents: Before initiating the application process, ensure you have all the necessary documents readily available. These typically include:
- Identity Proof: Aadhar card, voter ID, passport, or any other government-issued ID.
- Address Proof: Utility bills, ration card, or any valid proof of residence.
- Land Ownership Proof: Documents establishing ownership of the agricultural land.
- Income Proof: Relevant agricultural income documents such as land revenue records, income tax returns, or a certificate from a revenue official.
- Passport-sized Photographs: Recent passport-sized photographs of the applicant.
- Loan Purpose Documents: Any additional documents specifying the purpose of the loan, such as quotations or estimates for agricultural inputs.
Step 2: Visit the PNB WEBSITE
- Locate the nearest Punjab National Bank branch. You can use the official PNB website or contact their customer service for assistance.
- Visit the branch during working hours and inquire about the PNB Krishi Tatkal Rin scheme. Bank representatives will guide you through the application process.
Step 3: Submit the Application:
- Once the application form is complete and all documents are attached, submit them to the bank representative.
- The bank may conduct a preliminary review of your application and documents.
Step 4: Application Verification:
- Bank officials will review your application and documents to verify the information provided.
- They might also conduct an on-site visit to assess the land and its agricultural potential.
Step 5: Loan Approval:
- If your application meets the eligibility criteria and is approved, the bank will issue a sanction letter detailing the approved loan amount, interest rate, and repayment schedule.
- Carefully review the terms and conditions mentioned in the sanction letter.
Step 6: Loan Disbursement:
- After accepting the terms and conditions, the loan amount will be disbursed to your PNB account.
- You will receive a confirmation of the disbursement along with the loan details.
Step 7: Repayment:
- Every year Rs.13000 will be installment of the loan with a tenure of 5 years.
Conclusion: The PNB Krishi Tatkal Rin scheme offers valuable financial support to farmers, ensuring timely access to credit for their agricultural needs. By following this comprehensive guide, you can navigate the application process with ease, ultimately leading to a successful loan approval and enhanced agricultural productivity.
Please note that specific details, processes, and requirements may vary over time. Always refer to the official Punjab National Bank website or contact their customer service for the most up-to-date and accurate information regarding the PNB Krishi Tatkal Rin scheme.