Kisan Credit Card Apply online - Bihar KCC Apply Here

Kisan Credit Card Scheme - Apply online

Kissan Credit Card KCC is now ready to enroll more and more farmers, In order to add more farmers from Animal Husbandry and fish farming side, the govt is giving an option to the farmers to Apply for KCC through Online.

Earlier the process was that Farmers go to Bank for their Application process. Recently in the meeting of SLBC - State level Bankers committee, this decision was taken.

A target for 10 lakh farmers has been given to the bank . Online process will ease the process for the farmers and will cut off the false documentation.

For Apply for KCC - Click Here

KISAN CREDIT CARD SCHEME

FEATURES
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
Collateral Security :	Collateral security is waived for KCC limit uptoRs. 1 lac. SanctionedKCClimit will beconsidered for the purpose of fixingcollateral security requirement
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
Repayment :	The repayment period may be fixed as per the anticipated harvesting and marketing period for the crops for which a loan has been granted.
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
How to apply	Contact your nearest SBI branch for application and further details