Ration Card Loan Scheme 2025: In India, the ration card is an essential document. With its help, people are benefiting from several government schemes, such as the free food grain scheme. Other schemes are also available through the ration card. One such special scheme is the Ration Card Loan Scheme, about which many people are unaware. In this article, we will explain this scheme in detail so that you can avail a loan using your ration card.
If you have a ration card and need money, you can get a loan based on it. For this, you will have to fulfill certain eligibility criteria. This article will provide you with all the necessary information so that you can benefit from the scheme.
Ration Card Loan Yojana Benefits
You can get a loan with your ration card. The applicant can get a loan of up to a maximum of Rs. 10 lakh. Interest rates will be low. The loan will be available with minimal documentation. The loan process is simple. You won’t have to face any hassles. You can avail this loan from a bank.
Ration Card Loan Yojana Doccuments
- BPL Ration Card
- Mobile Number
- Photocopy of Bank Passbook
- Passport Size Photograph
- Voter ID Card
- Aadhaar Card
Ration Card Loan Yojana Eligibility
- The applicant must be a resident of India.
- The person must have a BPL ration card.
- The applicant must be 18 years of age or older.
- The applicant’s family’s annual income should not exceed one lakh rupees.
- There should be no government employee or income tax payer in the family.
Ration Card Loan Yojana Application Process
To apply for this scheme, you first need to open an account in a bank that provides loans against ration cards. For this, you can visit your nearest bank and inquire. Once it is confirmed that the bank provides loans against ration cards, prepare the necessary documents. Then, submit your loan application to the bank along with all the required documents. Attach all the documents with the application form.
After submitting the application, the bank will verify your information. If all the documents are found to be correct, the bank will provide you with the loan. This loan will be transferred to your bank account.
