Ration Card Loan Scheme: Ration card is an important document for the common citizens of the country. With the help of ration card, the general public gets the benefits of many government schemes. The benefit of the free grain scheme run by the central government is available only under the ration card. People who have Below Poverty Line (BPL) ration card can avail the benefits of various schemes of the government.
No more documents will be required
Now the government is giving the benefit of another scheme on ration card. Let us tell you that now you can also take loan from ration card. Yes, if you need money and you do not have sufficient amount available then you can take loan through ration card. To take loan from ration card, you will not need much documents and you will get the loan very easily. You can get loan at low interest rate by using your ration card. Let us tell you that this scheme has been started especially for Below Poverty Line (BPL) ration card holders.
Great initiative for poor people
This scheme helps eligible individuals to obtain loans for construction of permanent residence. Apart from this, you can use the loan taken through ration card for purposes like good education of children and meeting other essential needs. This is a great initiative of the government to provide assistance to poor people. If you do not know anything about how loan can be given through ration card, then stay with us, we are providing you complete information about this.
You can buy a lawn worth up to Rs 10 lakh
With this new scheme of the government, BPL ration card holders can get a loan up to Rs 10 lakh. In this, loan is available to you at a very low interest rate. Not much paper is required for a loan and the process of taking the loan is also quite easy. You get the loan easily without any major hassle.
Required eligibility for loan
- The applicant must have BPL ration card.
- The age of the applicant must be at least 18 years.
- The total annual income of the applicant’s family, as indicated on the BPL card, should not exceed Rs 1 lakh.
- To qualify for the Ration Card Loan Scheme, the applicant must be a citizen of India.
- The applicant does not take benefit of any other government scheme.
पैन कार्ड लोन योजना फॉर्म
Documents required for taking a lawn
- Aadhar card
- bpl ration card
- mobile number
- Photocopy of bank passbook
- passport size photo
- voter id card
Apply this way
- First of all, you have to open an account in a bank which gives loan against BPL ration card.
- For this you will have to go to the bank branch and collect all the necessary details regarding BPL ration card loan.
- After collecting the necessary information, you will have to go to the bank with all the necessary documents.
- Ration card loan application form will have to be requested from the bank.
- All necessary information has to be entered carefully in the application form.
- All necessary documents and application forms must be attached.
- Now the application form will have to be handed over to the bank officer for submission.
- Your eligibility for the loan will be verified by the bank.
- If you meet the eligibility criteria, your loan application will be approved.
- After approval, the sanctioned loan amount will be transferred to your bank account within a specified period.