Kisan Credit Card Helpline Number

If customers want to get in touch with the heads of specific departments then they can do that easily. The details are given below.

Suggested Read: Kisan Credit Card: A Boon for Farmers in India

All the top banks and many local co-operative banks offer Kisan Credit Cards to farmers or those engaged in related activities. Some of the prominent banks are given below for reference.

State Bank of India – SBI has one of the farthest reaches, especially in rural areas. Being one of the oldest banks in India the bank is the no.1 choice for most farmers. The interest charged on SBI Kisan Credit Card loan starts from 2.00% p.a. on loans up to Rs. 3.00 lakh.

Punjab National Bank – PNB Kisan Credit Card’s application can be completed easily. It also offers one of the most competitive interest rate on its loans.

HDFC Bank – It is one of the leading private banks in India. The interest rate on their loans is starts from 9.00% and the maximum credit limit offered is Rs. 3.00 lakh. Besides this, cardholders get a cheque book with a credit limit up to Rs. 25,000.

The bank also provides an extension of 4 years or more on the loan if a farmer suffers from crop failure. The crops grown using the loan amount is also covered against natural calamities or pest attacks.

Axis Bank – Axis Bank Kisan Credit Cards charge an interest rate of 8.85%. However, the bank adheres to the government-mandated subvention schemes. This means that eligible applicants can avail loan at a much lower rate as well.

Customers may visit other local banks that offer Kisan Credit Card loans like Odisha Gramya Bank, Bangiya Gramin Vikash Bank, and so on.

Read in Detail: Kisan Credit Card (KCC) and Top Banks Offering KCC in India

Customers who don’t own a Kisan Credit Card may consider reading the below given points highlighting top benefits of Kisan Credit Card.

Low Interest Rate – Get loans at an interest rate as low as 2.00%.

No Security Required – Banks are directed not to take security on loans up to Rs. 1.60 lakh.

Insurance – Get the following insurance coverage:

• Crop insurance coverage against calamities
• Insurance coverage against permanent disability, death, other risks for the cardholder

Repayment Tenure – Banks will decide the repayment period on the basis of harvesting as well as marketing period.

Quantum of loan – Get loans up to Rs. 3.00 lakh.

Earn Interest – Farmers that deposit money in Kisan credit card account will earn interest.

• Farmers are charged simple interest rate when they make prompt payment
• Compound interest is charged only when cardholders fail to make timely payments

How can one apply for a Kisan Credit Card?
One can visit the bank’s branch and apply for the loan directly using his/her Kisan Credit Card.

What is the applicable rate of interest on Kisan Credit Card loan?
The interest rate will be shared when the customer shows intent to apply for a loan. The interest rate is dependent on a number of factors like credit history of the farmer, farm area, crop to be planted and so on. Note Reserve Bank of India keeps a check on the maximum interest rate that banks may charge.

Are farmers offered insurance with a Kisan Credit Card loan?
Yes, farmers get insurance coverage against personal accidents, farming assets and even crop insurance (via the National Crop Insurance Scheme).

For what purposes can one use the Kisan credit card loan?

• Expenses related to crop farming
• Funds for day-to-day activities (Working Capital)
• Consumption requirements, if any, of a farmer’s household
• Maintenance of farming assets and other related activities such as dairy animals and so on
• Marketing related expenses

I do not have a credit card or any loan till now. Can I apply for a Kisan Credit Card?
Yes, farmers or those associated with farming-related activities like dairy farming, fish farming, etc. can apply for a Kisan Credit Card.