Kisan credit card – KCC was launched to save the Indian farmers from the high interest rates charged by the money lenders in the unorganized sector. Farmers can avail a loan as and when they require. The interest charged is also dynamic, meaning if customers make timely payments then they are charged a lower rate of interest. Other details of the credit card are given below.
Amidst the COVID-19 Lockdown, RBI has announced the extension of Moratorium Period till 31-Aug-2020 on all Loan & Credit Card Payments. You can avail the same for your Kisan Credit Card Loan and defer the payments until 31-Aug-2020. Click here for details.