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Kisan Credit Card: There are many banks which offer the Kisan Credit Card schemes such as the State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, and Central Bank of India, UCO Bank, Indian overseas, among other
The Kisan Credit Card (KCC) programme is a government-sponsored project. The National Bank for Agriculture and Rural Development introduced KCC in 1998. (NABARD).
With short-term loans and a credit limit to buy equipment and pay other expenses, the Kisa Credit Card assists farmers in meeting their needs for agriculture, fishery, and animal husbandry.
The Kisan Credit Card has a three-year maximum validity period, and repayment is due after the harvest. In KCC, there is no requirement for security for loans up to Rs. 1.60 lakh. Holders of KCC schemes are covered by insurance up to Rs 50,000 in the event of death or permanent incapacity. A cover of Rs 25,000 is given in the
The State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, Central Bank of India, UCO Bank, and Indian overseas are just a few of the several banks that provide the Kisan Credit Card programmes.
KCC Loan: Eligibility
The borrower must be at least 18 years old and no older than 75.
The cultivator is an owner-farmer.
individuals who are both joint debtors and members of a group.
The group must consist of owner-farmers.
Oral lessees, tenant farmers, and sharecroppers are all qualified for the KCC.
Self-help groups (SHG) or joint liability groups (JLG) comprised of farmers, tenant farmers, and sharecroppers, among others.
Along with non-farm activities like fishing, farmers are active in the cultivation of crops or related activities like animal husbandry.
KCC Loan scheme: Documents required
properly completed and signed application form.
A copy of an identity document, such as a PAN card, driving licence, voter ID, or Aadhaar card.
A copy of any documents used to verify your address, such as your PAN card, Aadhaar card, driver’s licence, or voter ID.
Land records
a picture of the applicant the size of a passport.
additional documents, such as security PDC upon the issuing bank’s request.
How to apply for Kisan Credit Card online
Step 1: Go to the bank’s website to apply for the Kisan credit card programme.
Step 2: At this point, select Kisan Credit Card.
Step 3: The website will bring you to the application page after you select the “Apply” option.
Step 4: Complete the form with the necessary information, then click “Submit.”
Step 5: After doing so, a reference number for your application will be issued.
Step 6: The bank will contact you for the next steps if you are approved within 3 to 4 working days.
