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September 5th, 2016, 04:25 PM
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State Bank Of Patiala KCC
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 Last edited by Neelurk; May 1st, 2020 at 10:23 AM. |
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