SBI Kisan credit card: features, benefits, eligibility, interest rate, how to apply, insurance, security and required documents

India’s largest lender, State Bank of India (SBI), says its SBI Kisan (KCC) credit card provides timely and adequate credit to farmers to cover their growing expenses. SBI KCC also takes care of unforeseen farmer expenses and expenses related to ancillary activities through a simple procedure allowing borrowers to receive loans according to their needs, the bank says.

Here is a detailed article on State Bank of India step by step process with SBI Kisan (KCC) credit card details. The article highlights all the necessary information, details, features and the process of obtaining seamless agricultural loans to cover the cultivation expenses of farmers. Here is everything you need to know about SBI KCC: –

SBI KCC: Features and Benefits

– KCC will be like a revolving cash credit account

– The credit balance of the account, if applicable, will recover the interest rate from the savings bank

– Duration of occupancy: 5 years, with an annual increase of 10% of the limit each year subject to annual review

-Interest subsidy: 3% interest subsidy for quick borrowers up to Rs. 3 lakh

– Reimbursement: The reimbursement period according to the harvest period (short / long) and the marketing period of the harvest

-RuPay card allocation for all eligible KCC borrowers

– Accident insurance of Rs. 1 lakh for Rupay card holders if the card is activated once every 45 days

SBI KCC: Eligibility

-All farmers-individuals / co-borrowers who are owner-growers

-The tenant farmers, oral tenants, sharecroppers, etc.

– SHGs or Joint Responsibility Groups of farmers, including sharecroppers, sharecroppers, etc.

SBI KCC: Interest rate

-Up to Rs. 3.00 Lakh – 7%

– Above Rs. 3.00 Lakh – As appropriate from time to time

SBI KCC: Insurance

-KCC borrowers under the age of 70 are covered by the Personal Accident Insurance Plan (PAIS)

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-Eligible crops are covered by Pradhan Mantri Fasal Bima Yojna (PMFBY)

SBI KCC: Security

-Primary: Mortgage of the Harvest.

-Security: mortgage / charge on agricultural land (the guarantee is canceled for:

-KCC limit up to Rs 1.60 lakh.

-Under Tie-up: KCC limit up to Rs. 3 lakh

How to apply for an SBI Kisan credit card

-Download the SBI application form – https: //sbi.co.in/documents/14463/22577/application+form.pdf/24a2171c-9a …

– Farmers can also go directly to the SBI agency and request the KCC application form

-Fill in the required information and submit it to the branch

-The bank will examine the request, verify the contact details of the applicant and sanction the card

Key Features of KCC Exam Via YONO SBI:

– Hassle-free KCC overhaul via YONO app or at YONO branch

-Contactless and paperless course for application via YONO App

-End-to-end process on the YONO branch portal

-Standardization of the KCC review process

– Minimum data entry by farmer and branch

How to review KCC via YONO

-Connect to YONO SBI

-Click on YONO Krishi

-Click on Khata

-Click on Kisan Credit Card

-All you need to do is:

-Confirm personal data

-Confirm the details of the field

-Confirm the details of the culture

-Submit a request

SBI KCC: Documents required

-Address and proof of identity: Aadhaar card, PAN card, voter card, driver’s license, etc. (any of them)

-Documents of agricultural land

-Recent passport size photo of the applicant

– Issuing banks may also request to submit a post-dated security check


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