Hi I am interested in having the information about the Kisan Credit Card which is offered by the State Bank of India as well as the application form?

KISAN CREDIT CARD (KCC) reason for existing is to give auspicious and sufficient credit to ranchers to meet their creation credit needs (development costs) other than meeting possibility costs, and costs identified with auxiliary exercises through rearranged strategy encouraging availment of the advances as and when required.

Who are qualified for the credit?

All ranchers people/Joint borrowers who are proprietor cultivators.

Sharecroppers, Oral residents and Share Croppers and so forth.

SHGs or Joint Liability Groups of ranchers including sharecroppers, tenant farmers and so forth.,

Quantum of credit:

Quantum of credit for first year will be surveyed on the premise of Cost of development, post-harvest costs and homestead support cost

For consequent 5 year credit w¬ill be approval on the premise of expansion in size of fund

Insurance Security:

Insurance security is waived for KCC limit uptoRs. 1 lac.

SanctionedKCClimit will beconsidered with the end goal of fixingcollateral security prerequisite

Rate of Interest:

Straightforward interest @7% p.awill be charged for one year or upto the reimbursement due date, whichever is prior.

In the event of non-reimbursement inside the due dates interest is connected at card rate

Past due date interest will be aggravated half yearly

Step by step instructions to apply for credits

Contact your nearest branch of the applicants who advance agricultural works or to visit the villages can also get in touch with a marketing officer.