Through SBI Kisan Credit Card Scheme, card holder farmers can take a loan of up to three lakhs. Today we are going to tell you how to apply for Kisan Credit Card through State Bank of India (SBI) and what are its benefits.
Kisan Credit Card or KCC is such a scheme of the center through which the farmers of our country get loans on time. This scheme was started by the Central Government in the year 1998. The purpose of the government behind this scheme is to provide timely loans to the farmers.
Talking about the interest rate in this, it starts from 2 percent while the maximum interest rate has been kept at 4 percent. Through this scheme, the card holder farmer can take a loan of up to 3 lakhs. Today we are going to tell you how to apply for Kisan Credit Card through State Bank of India (SBI) and what are its benefits.
This is how KCC can be made from SBI
For SBI Kisan Credit Card, your account should be in SBI. You can apply for KCC by visiting the bank branch. Apart from this, you can apply for Kisan Credit Card using YONO app through your mobile phone at home. All you have to do is apply for Kisan Credit Card by visiting the YONO agriculture platform.
Let us know its complete process-
- First you download SBI YONO app.
- Either you can also login to https://www.sbiyono.sbi/index.html website, you can take either option.
- Go to the option of YONO Agriculture.
- After that select the option ‘Account’.
- Go to the KCC review section here.
- Click on the application and fill in the requested information in the window that opens in front and submit. In this way your application will be completed.
Know the benefits of SBI Kisan Credit Card
- KCC is like a revolving cash credit account.
- Â 3% interest subvention for quick borrowers up to Rs.3 lakh.
- Repayment ie repayment as per the duration of the crop and the marketing period for the crop.
- Allotment of RuPay card to all eligible KCC holders.
- Accident insurance of Rs 1 lakh for RuPay cardholders. For this the card should be activated once in 45 days.
