New Kisan Credit Card scheme for farmers: How to get


How to apply for New Kisan Credit Card scheme for farmers? What are the advantages and features of New Kisan Credit Card scheme? Which banks provide New Kisan Credit Cards from banks in India? What is the validity of New Kisan Credit Cards?

The Kisan Credit Card is a facility which provides money or loan to farmers when required for purchase of inputs etc., during the cropping season. Farmer can take credit for short-term credit, medium term and long term.

Features of the new Kisan Credit Card (KCC) Scheme


  • Eligible farmers are provided with a Kisan Credit Card and a pass book.
  • A person can do withdrawal and repayments within the limit any number of times.
  • Credit limit is fixed depending on land holding, cropping pattern and scale of finance.
  • Facility for short-term credit, medium term and long term credit.
  • validity of kishan credit card is 3 to 5 years.
  • Credit limit can be increased depending on past good performance.
  • Each loan or withdrawal has to be paid before 1 year.
  • Loans payment can be rescheduled for damage to crops due to natural calamities.
  • Security, margin, rate of interest, etc. is as per Reserve Bank of India norms.

  • Advantages/ benefits of the new Kisan Credit Card Scheme to the farmers


  • Farmers can have timely loan or credit for their farming activities.
  • Very less paper work for withdrawal or money from banks.
  • Flexibility to withdraw sanctioned cash and repay it at any time
  • Withdrawals possible from a branch other than the issuing branch

  • How to get new Kisan Credit Card


    How to get a Kishan credit card? Everybody is asking this question. To get a kishan card, you need to go to your nearest public sector bank. A person who is entitled for Kishan credit card is issued with a credit card and a pass book, which contains the name, address, land holding, borrowing limit, validity period, a passport size photograph of holder etc. This passbook serves the dual purpose of acting as an identity card and is used for recording of transactions. The person whi is using kishan credit card has to produce the card cum pass book whenever he wants to use the account for taking a loan or loan submission.

    New Kisan Credit Cards from banks in India


    Every bank has its own name for Kishan credit card. Here is the list of banks which provide kishan credit card along with their names.
  • Allahabad Bank - Kisan Credit Card (KCC)
  • Andhra Bank - AB Kisan Green Card
  • Bank of Baroda - BKCC
  • Bank of India - Kisan Samadhan Card
  • Canara Bank - KCC
  • Corporation Bank - KCC
  • Dena Bank - Kisan Gold Credit Card
  • Oriental Bank of Commerce -Oriental Green Card (OGC)
  • Punjab National bank - PNB Krishi Card
  • State Bank of Hyderabad -KCC
  • State Bank of India -KCC
  • Syndicate Bank -SKCC
  • Vijaya Bank -Vijaya Kisan Card

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    More articles: How to get New Kisan Credit Card Banks providing New Kisan Credit Card

    Comments

    Author: Phagu Mahato16 Jul 2012 Member Level: Silver   Points : 1

    Thank dear
    It is providing use knowledge about Kisan Credit card. With the help of this card farmer can insurance of crop.

    If their crops will be damages then all investment recovered by Government



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