Nallur & Aladipatti | Sivalarkulam | Iyanarkulam | KPM Puram | Kuruvankottai | Kurippankulam | Kalathimadam | Mukkudal | Nettur | Karumpanoor | Andipatti
 
 
FARMERS - Back bone of our Country
 
Kissan Credit Card  
 
Government official website for Farmers (Agriculture)
 

Kisan Credit Card Scheme

Kisan   Credit   Card   Scheme (KCC) aims at providing adequate and timely support from the banking system to the farmers for their short-term   credit   needs for cultivation of crops. This mainly helps farmer for purchase of inputs etc.,during the cropping season.   Creditcard   scheme proposed to introduce flexibility to the sytem and improve cost efficiency.

What is the benefit of KCC Scheme?

  • Simplifies disbursement procedures
  • Removes rigidity regarding cash and kind
  • No need to apply for a loan for every crop
  • Assured availability of   credit   at any time enabling reduced interest burden for the farmer.
  • Helps buy seeds, fertilizers at farmer's convenience and choice
  • Helps buy on cash-avail discount from dealers
  • Credit   facility for 3 years no need for seasonal appraisal
  • Maximum   credit   limit based on agriculture income
  • Any number of withdrawals subject to   credit   limit
  • Repayment only after harvest
  • Rate of interest as applicable to agriculture advance

Security, margin and documentation norms as applicable to agricultural advance

How to get Kisan Credit Card ?

  • Approach your nearest public sector bank and get the details
  • Eligible farmers will get a Kisan   Credit   Card   and a pass book. It has the name, address, particulars of land holding, borrowing limit, validity period, a passport size photograph of holder which may serve both as an identity   card   and facilitate recording of transactions on an ongoing basis.
  • Borrower is required to produce the   card   cum pass book whenever he/she operates the account.

Kisan Credit Card s from leading banks in India

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

Personal Accident Insurance Scheme to cover Kisan   Credit   Card   holder

Personal Accident Insurance Package" is provided to the Kisan   Credit   Card (KCC) holders.  

Salient features of the scheme

  • Scope of Cover -   This scheme covers all the Kisan   Credit   Card   Holders against death or permanent disability within the country.
  • Persons Covered -   All KCC holders up to the age of 70 years.
  • Risk coverage -   The benefits under the scheme are as under;
  • Death due to accident caused by outward, violent and visible means: Rs.50,000/-
  • Permanent total disability: Rs.50,000/-
  • Loss of two limbs or two eyes or one limb and one eye: Rs.50,000/-
  • Loss of one limb or one eye: Rs.25,000/-
  • Period of Master Policy -   Valid for a period of 3 years.
  • Period of Insurance -   Insurance cover will be in force for a period of one year from the date of receipt of premium from the participating Banks in cases where annual premium is paid. In case of three year cover, the period of insurance would be for three years from the date of receipt of premium.
  • Premium -   Out of the Annual premium of Rs.15/- per KCC holder, Bank has to pay Rs.10/- and Rs.5/- has to be recovered from KCC holder.
  • Operational procedure -   The servicing of the business will be undertaken by the four Insurance Companies on zone-wise basis- United India Insurance Co Ltd covers Andhra Pradesh, Karnataka, Kerala, Andaman and Nicobar, Pondicherry , Tamil Nadu and Lakshadweep .
  • Implementing branches have to remit the Insurance premium on a monthly basis along with the list of farmers to whom KC   card s have been issued during the month.
  • Claims Procedure - In case of death, disablement claims & death due to drowning:   Claim administration will be done by the designated office of the Insurance Companies.   Separate procedure is to be followed
 
 
 
 
 
Useful Links
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Home | Links | Jobs | Registration | E- Magazine | Our Peoples | Contact us
Powered by ARNIK Technologies, Chennai.