#1
July 30th, 2016, 04:28 PM
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Kisan Gold Card State Bank Of Patiala
Will you please give here detail about the Kisan Credit Card (KCC) Scheme of State Bank Of Patiala ?
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#2
July 30th, 2016, 05:48 PM
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Re: Kisan Gold Card State Bank Of Patiala
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 |