The Chief Minister Livestock Card Scheme has officially been launched to provide farmers in Punjab with essential financial support for managing livestock. The card offers a loan ranging from Rs. 135,000 to Rs. 270,000, enabling farmers to boost their livestock businesses. The scheme is a partnership between the Punjab Government and the Bank of Punjab, aiming to strengthen agricultural practices and improve the livelihoods of farmers. The program commenced on December 5, 2024, with farmers being able to collect their Livestock Cards from designated Agriculture Offices.
Key Features of the Livestock Card
The Livestock Card offers several valuable features to farmers, ensuring they have the necessary resources to manage and grow their livestock businesses:
Key Features | Details |
Loan Amount | Rs. 135,000 to Rs. 270,000 |
Loan Type | Interest-Free |
Eligible Farmers | Active livestock farmers |
Loan Repayment Period | 4 months from the date of disbursement |
Farmers who qualify for this program can receive a substantial loan, which will help them buy feed, medicines, and other necessary materials to ensure the health and growth of their livestock. This financial assistance is a lifeline for farmers, helping them maintain and expand their operations.
Also Read: Khushal Kisan Program Check Registration for Loan
How to Apply for the Livestock Card
Farmers who have pre-registered for the scheme can collect their Livestock Card from the nearest Agriculture Office. All they need is their valid CNIC and necessary documents. Once they have the card, they can visit the Bank of Punjab branch to apply for the loan. Those who have not registered yet can easily do so by either visiting the Agriculture Office or sending an SMS with their CNIC number to 8070. Upon successful registration, they will be informed and can collect the card from the office.
Loan Details and Eligibility
The loan amount available through the Livestock Card ranges from Rs. 135,000 to Rs. 270,000. This is a short-term loan that must be repaid within four months from the date of disbursement. To be registered, farmers must be actively engaged in livestock farming. The scheme is open to all farmers who meet the requirements and are looking for financial support to enhance their operations. The loans provided under this program are interest-free, ensuring that farmers are not burdened with high repayment costs.
Important Dates and Process to Follow
- Start Date for Card Distribution: December 5, 2024
- Registration Deadline: Farmers should complete the registration process as soon as possible to ensure they don’t miss out on the scheme.
- Loan Application Process: After collecting the Livestock Card, farmers must visit the Bank of Punjab to apply for the loan.
It’s important for farmers to ensure that all their details, including their personal and livestock information, are accurate during registration to avoid delays in card issuance.
You may also read: Green Tractor Scheme: A Game Changer for Punjab Farmers
Conclusion
The CM Livestock Card program is a significant step towards empowering farmers in Punjab. By offering interest-free loans, the scheme helps farmers access the necessary resources to grow and sustain their livestock businesses. This initiative will help enhance agricultural productivity, support rural development, and improve the financial stability of farmers. If you are a farmer in Punjab, this is an excellent opportunity to secure the financial support you need. Visit your local Agriculture Office today to register or collect your Livestock Card.
FAQs
Can I apply for the Livestock Card if I do not have a CNIC registered with NADRA?
No, your CNIC must be registered with NADRA to be eligible for the Livestock Card.
Is there any specific requirement regarding livestock for eligibility?
Yes, you must be actively engaged in livestock farming to qualify for the card. The scheme is targeted at farmers who have a history of managing livestock.
Can I apply for the loan before receiving the Livestock Card?
No, you must first collect your Livestock Card from the Agriculture Office before you can apply for the loan at the Bank of Punjab.
What happens if I miss the deadline for registration?
If you miss the registration deadline, you may not be able to participate in the current distribution cycle.