Page-header-breadcrumb

FEDERAL-KISAN-CREDIT-CARD-CONTENT

Features & Benefits

Federal Kisan Cards are issued to farmers to meet their cultivation needs and non-farm requirements including purchase of inputs and other short term requirements and working capital requirements for allied activities in a flexible and cost effective manner.

 

star-with-tick-icon
To meet the recurring expense for crop raising/conducting seasonal operations.  
star-with-tick-icon
Minimal paperwork 
star-with-tick-icon
Beneficiaries under the scheme will be issued a Federal Rupay Kisan Card and pass book. 
star-with-tick-icon
Hassle free processing
star-with-tick-icon
Minimum credit limit for Federal Kisan Credit Card is Rs.25,000/-
star-with-tick-icon
There is no ceiling on maximum amount.
*Conditions apply

Documents Required

  • Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card) 
  • Recent Passport size photograph
  • Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate) 
  • Proof of Land Tax receipt, possession certificate etc.

Terms & Conditions

Eligibility

All the farmers who cultivate crops of those engaged in allied activities like Dairy, Poultry etc and for their composite requirements are eligible for Federal Kissan Credit Card scheme.  Farmers cultivating authorised leased lands are also eligible.

 

Repayment

Loan can be repaid as Lump sum.

 

Card Validity period

The Federal Kisan Card is for a period 60 months  subject to an annual review. The operations in the account shall be through the issuing branch only.

 

Loan Amount

The limit is arrived at based on the operational Land holding, cropping pattern, scale of finance for crops grown, maintenance cost of Farm Animals, Farm machineries, allied activities and other contingent expenses of the applicant after insisting for 15% margin. 

 

Security

No margin / collateral security for loans up to Rs.1,00,000/- under the scheme. For limits above Rs.1,00,000/- collateral security has to be provided.

Interest Rates & Charges

Explore Other Agri Loans

YOU-MIGHT-BE-INTERESTED-PRODUCT-PAGE

You might be interested

Recommendations for a safe and easy banking experience

Blog

Stay tuned to banking innovations & trends and make smart financial decisions

Learn More
Tutorial Videos

Watch tutorial videos about our products & services and harness the power of digital banking.

Learn More
Safe Zindagi

Our guidelines and tips for secure banking with total peace of mind

Learn More