I want some details of Kisan Credit Card Scheme offer by State Bank Of Patiala for that can you please help me?

As you want to know about Kisan Credit Card Scheme offer by State Bank Of Patiala here I will get details for you.

Interest rates
a) 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.

Charges
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.

Security
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.

Loan Amount
The crops, including fodder crops cultivated as per proposed cropping pattern & scale of finance provided by the SLBC (State Level Banker Committee) of concerned State

For every successive years (2nd, 3rd, 4th, and 5th year), the limit will be stepped up @ 10% and the limit so worked out at the end of 5th year will be the Maximum Permissible Limit (MPL) and sanctioned as the Kisan Credit Card Limit.

Address:-
State Bank Of Patiala
The Mall, Patiala – 147 001.


Phone:-
0175-2395629