State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.


As you Asking for the Information About the Kishan Credit Card of the State bank of India the Information is given below

Features and benefits
Get interest at saving bank rate on credit balance in KCC account
Free ATM cum debit card (State Bank Kisan Card) for all KCC borrowers
Interest subvention @2%p.a.is available for loan amount uptoRs. 3 Lacs
Additional interest subvention @3% p.a.for prompt repayments
notified crops / notified areas are covered under crop insurance for all KCC loans

Eligibility :
All farmers – individuals/Joint cultivator owners
Tenant farmers, oral lessees and share croppers etc.
SHGs or Joint liability groups including tenant farmers.

Quantum of loan:
Quantum of loan for 1st year will be assessed on the basis of Cost of cultivation, post-harvest expenses and farm maintenance cost
For subsequent 5 year loan w¬ill be sanction on the basis of increase in scale of finance

Rate of Interest :
Simple interest @7% p.awill be charged for one year or upto the repayment due date, whichever is earlier.
In case of non-repayment within the due dates interest is applied at card rate
Beyond due date interest will be compounded half yearly

Documents required
Duly filled in application form
Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card,/Driving License etc
Address proof: Voter ID card/Passport/Aadhaar card/Driving license etc


For more Information you may Contact to the Nearest branch of the State Bank of India