Which bank can issue Kisan Credit Card?

Posted on by Author

Which bank can issue Kisan Credit Card?

The Reserve Bank of India has issued guidelines on Kisan Credit Card (KCC) scheme from time to time.

Can private bank issue Kisan card?

Currently the Kisan Credit Card is offered by National Bank of Agriculture and Rural Development (NABARD), National Payment Corporations of India (NPCI), co-operative banks, regional rural banks and all other public and private banks provide Kisan Credit Card to the farmers.

How do I get a farmer credit card?

Online

  1. Visit the preferred bank’s website and visit their Kisan Credit Card Section.
  2. Download & print the Application form.
  3. Duly fill out the Application form.
  4. Submit the application and necessary documents at the nearest bank’s branch.
  5. The loan officer will share the necessary information with the applicant.
READ:   Which Angular version should I learn 2020 Quora?

Can I withdraw money from KCC?

Yes, you can withdraw money from a kisan credit card. This was made with the sole purpose to help farmers to make necessary purchases and to withdraw money whenever required at all PoS outlets. Withdrawal of cash from the kisan credit card is a unique feature offered to the users of this card.

How can I get PM Kisan Credit Card?

How can I get Kisan card online?

Steps to apply for Kisan Credit Card online

  1. Visit the bank’s website.
  2. Scan through the list of available credit cards and select ‘Kisan Credit Card’
  3. Apply for the card by filling in details on the application page and then clicking on ‘Submit’
  4. Note the reference number and wait for the bank to process your application.

What is the validity of Kisan Credit Card?

The validity period is five years, with an option to extend for up to three more years. Kisan Credit Card (KCC) offering credit to the farmers in two types viz, 1.

READ:   What is considered a self pass in basketball?

What is the interest rate of Kisan Credit Card?

Kisan Credit Card Interest Rates

Banks providing Kisan Credit Cards Kisan Credit Card Interest Rate
PNB Kisan Credit Card Min. 4\% p.a.
HDFC Bank Kisan Credit Card Max. 16.69\% p.a. | Min. 9\% p.a.
Axis Bank Kisan Credit Card 8.85\%, interest subvention provided
Mahabank Kisan Credit Card Min. 7\%

What documents are required for Kisan Credit Card?

For proof of Identity, one may present the Aadhaar Card, PAN card, Voter ID or Driving License. Documents that may be produced as Proof of Address include Aadhar Card, PAN card, Voter ID or Driving License. One must ensure that whatever proof one takes, it should have the current address of the applicant.

What is PM Kisan KCC?

The Kisan Credit Card (KCC) scheme is a Central scheme that provides farmers with timely access to credit. The KCC scheme was introduced to ensure that the credit requirements for farmers in the agriculture, fisheries, and animal husbandry sectors was being met.

READ:   How is Ethernet bidirectional?

What is the validity period of the Kisan Credit Card?

5 years
What is the validity period of the Kisan Credit Card? This validity period is 5 years.

https://www.youtube.com/watch?v=EtN03F8hZeQ