Kisan Credit Card
Whether you are an individual farmer, a member of a self-help group, or part of joint-liability groups, this card is tailored to meet a variety of your agricultural needs. Offering both overdraft and term loan options, the KCC provides flexible financial solutions for cultivation, post-harvest expenses, and even farm asset maintenance. With our easy eligibility criteria, minimal down payment requirements, and convenient repayment terms, the Kisan Credit Card (KCC) is an innovative financial tool designed to empower the backbone of our economy through financial support. Read more Read less
Why this card is for you
Supporting your agricultural needs with easy solutions
Tailored for individual or joint owner-cultivators, tenant farmers, oral lessees, share croppers, self-help groups or joint-liability groups of farmers
Fast processing for timely financial support with competitive rates as per EBLR guidelines
Choose between overdraft and term loan facilities to suit diverse farming needs
Make matters simple and straightforward
A smart calculator for smart spending and savings
Emi Calculator
You will pay
₹13,800/Months
Eligibility criteria
- Individuals or joint borrowers actively engaged in farming on their own land
- Must be directly involved in crop production activities
- Valid documents proving ownership or cultivation rights over farming land
- Clean financial history with no defaults
- No NPAs or closed OTS accounts
- Self Help Groups or Joint Liability Groups in farming
- Groups can include tenant farmers and sharecroppers
- Good standing with existing credit facilities
- Valid identification and proofs of the group's operational status
Documents required
- Scanned or soft copy of KYC documents
- RTC, Patta book, Pahani or any agricultural land proof
As easy as 1,2,3...
Apply for a Kisan Credit Card in 3 simple steps
Step 1
Visit your nearest branch
Go to your nearest Karnataka Bank branch
Step 2
Start with your basic details
Provide your basic details and keep your documents handy
Step 3
We’ll take care of the rest
Our branch officials will notify you when your loan is sanctioned
Got questions? We’ve got answers.
Eligibility extends to individual or joint farmers, tenant farmers, and farming groups, provided they have the necessary farming documentation and valid identity proofs.
Visit our nearest branch with your agricultural documents. Our team is ready to assist you through the application process, ensuring clarity and efficiency. You can also apply online through our website for quick processing.
Choose from an overdraft facility for immediate needs or a term loan for larger, long-term agricultural investments, aligned with your farming operations.
Security requirement is limited to the hypothecation of crops, meaning the pledged crops serve as collateral for loans up to ₹1.6 lakh. In addition to crop hypothecation, collateral can include agricultural land or other forms of security acceptable to the bank.
The scheme offers a flexible repayment period of up to five years, with schedules that can be tailored to your harvesting and income cycles.
There is no down payment for the overdraft option. For term loans, a down payment of 10% to 25% is required, depending on the nature of your investment.
If repayment challenges arise, we encourage prompt communication with us to explore feasible solutions and maintain financial integrity.
Loan amounts are assessed based on your farming income, repaying capacity, and the scale of your agricultural operations.
We prioritize expedient loan processing, understanding the importance of timely financial support for your business aspirations.
Prepayment is an option available to you, potentially reducing your interest obligations. We advise discussing this with us to understanding terms and conditions of the loan.
The Kisan Credit Card (KCC) is a revolutionary initiative that offers farmers a kcc loan to meet their agricultural and allied expenses. Through the kisan credit card scheme, farmers can access credit at their fingertips. If you're looking to apply, the kisan credit card apply process is simple and straightforward, with competitive kisan credit card interest rate. Learn how to apply kisan credit card and manage your farming finances more effectively.
The interest rates for agri-business credit can vary depending on the credit amount and repayment capacity of the borrower. It's important to understand these rates as part of your loan application process to ensure that the credit terms align with your financial capabilities.
Do use the credit for intended agricultural purposes to maximize its benefits. Maintain good financial records to support your creditworthiness. Don't exceed your borrowing limit without a clear repayment plan. Stay informed about any changes in credit terms or interest rates.
