As you requires I am here giving you detail about the Kisan Credit Card (KCC) Scheme of State Bank Of Patiala.

Kisan Credit Card (KCC) Scheme:
Loan Term
KCC will be in the nature of revolving account.

There is no need to MCLRing the debit balance in the account to zero/ credit at any point of time

Interest Type (Floating or Fixed):
Floating

Interest Chargeable (in case of Floating Rate Loans)

For Farmer
Upto Rs. 3 lacs- 7% p.a. (with Intt. Subvention)
Otherwise-1.75%spread over MCLRi.e.11.25% p.a.

Rs. 3 lac upto 25 lacs-1.50% spread over MCLR i.e. 11.00% p.a

Rs. 25 lacs -3% spread over MCLR i.e. 12.50% p.a.

Other than farmer
Upto Rs. 3 lacs-1.75% spread over MCLR i.e. 11.25% p.a.

Rs. 3 lac & below 25 lacs- 2.75% to 3.75% spread over MCLR i.e. 12.25% to 13.25 % p.a.

Rs. 25 lacs & above -2% to 3.75% spread over MCLR i.e. 11.50 % to 13.25% p.a.

During the term of the loan
Processing Chargesincluding service tax)
Upto Rs.25000/- Nil

> Rs. 25,000/- & upto Rs. 2 lacs: Rs.630/- p.a
> Rs. 2 lacs-0.40% of the loan amount.Max. of Rs. 36.64 lac

Inspection Chargesincluding service tax)
Upto Rs.25000/- Nil
> Rs. 25,000/- & upto Rs. 2 lacs: Rs.687/- p.a
> Rs. 2 lacs & upto Rs. 1 cr. -Rs. 315/- per lac p.a. Min.Rs.687/-p.a. and Max.Rs.17175/- p.a.

Details of Security/ Collateral Obtained
Primary security: Hypothecation of Crops raised
Collateral Security:
Upto Rs 100000/- Nil
Above Rs 100000/- 125% of the Loan amount.

For good track record borrowers of 3 years, no collateral security is required for limit upto Rs. 2.00 lac.

Contact Detail :
State Bank of Patiala
1800 180 2010