bI am customer of Punjab National Bank and searching for details about the Kisan Credit Card of this bank. Will you please provide all details about this PNB Kisan Credit Card along with their service charges and also provide me Interest Rates on Punjab National Bank Kisan Credit Card?

Punjab National Bank is an Indian financial services company based in New Delhi, India. Founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities.

About Punjab National Bank Kisan Credit Card:

The Kisan Credit Card Scheme (Krishi Card) offered by Punjab National Bank focuses on solving the financial problems faced by Indian farmers.

Service Charges:

The details of service charges on Punjab National Bank Kisan Credit card are as follows –

The bank does not charge any processing fee for a Kisan Credit Card loan of up to Rs.3 lakhs
An upfront fee of 0.6 percent plus the Service Tax of the loan amount is charged for a term loan which is more than Rs.5 lakhs up to Rs.25, 000

Interest Rates on Punjab National Bank Kisan Credit Card:

The interest rate is 7 percent on Kisan Credit Card loans of up to Rs.3 lakhs or regular crop loans

The interest rate is Base Rate + 2 percent on loans of up to Rs.20 Lakhs (this includes Kisan Credit Card loans of more than Rs.3 lakhs or regular crop loans).

The Base Rate is 9.6 percent

Eligibility to avail service:

He or she has to be a farmer (Literate or illiterate) who is an owner cultivator, tenant, lessee or allottee farmer with recorded rights of occupancy or a farmer with an ancestral or perpetual right to cultivate or JLG (Joint Liability Groups)

The oral tenants can take the loan under Punjab National Bank Krishi Credit Card only if the landowners approve to becoming co- borrowers. If the accounts of the oral tenants are secured by securities such as KVP or NSC, FDR, etc. then they do not require their landowner to be a co – borrower to get the loan

Landless labourers, oral lessees, tenant farmers and sharecroppers can get this card for up to maximum Rs.50, 000 based on an affidavit

Contact:

CustomerCare Division
Toll Free No.
1800 180 2222
1800 103 2222
Tolled No. 0120-249000
Landline :011-23714562