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As per the claim, KCC will provide interest free loan up to 3 Lakhs from April 2022.
Fact check
After digging further, we went on the official site of State Bank of India and found that no such amends have been made neither any such news have come across. It is clearly mentioned that under the terms and conditions that 3% interest will be charged for prompt borrowers.
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Hence proving that the viral picture is photoshopped and no such mark down on interest percentage were provided. Adding further under the benefits of the scheme it is mentioned that interest can go low up to only 2% p.a. and high to 4% p.a.
Conclusion: The claim is fake.
Claim review: Fake news getting viral on charging no interest rate under KCC
Claim by: Pradeep Sharma
Fact check: fake