Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • HDFC Kisan Credit Card

    The HDFC Kisan Credit Card was rolled out help farmers avoid the burden of loans repayments. The card provides loans to the farmers at reasonable rates. This Kisan Credit Card offers a relief to debt-ridden farmers.

    Key Highlights of the HDFC Kisan Credit Card

    • Receive bank interest rates of about 9%.
    • You will receive a credit period of 12 months.
    • You will be provided coverage for all failed crops after pest attacks and natural calamities.

    Features and Benefits of the HDFC Kisan Credit Card

    Credit Benefits

    • The credit card has to be renewed on an annual basis.
    • The HDFC Kisan Credit Card is valid for 5 years.
    • You will receive a credit period of 12 months.
    • Your loans will have to be repaid after the harvest and the sale of your crops.
    • You can get an extension of loan amount up to four years or more if there is a failure of crop season.

    Interest Rate Benefits

    • Receive bank interest rates of about 9%.

    Insurance Benefits

    • If you are an HDFC Kisan Credit Card holder, you will receive an insurance coverage under the National Crop Insurance (NCI) scheme for specific crop loans.
    • You will be provided coverage for all failed crops after pest attacks and natural calamities.
    • Receive personal accident cover if you are under 70 years of age.

    HDFC Kisan Credit Card Limit

    The maximum credit limit for this card is Rs.3 lakhs. You will also get a cheque book along with this credit card. The credit limit for this is Rs.25,000.

    Eligibility Criteria of the HDFC Kisan Credit Card

    • To be eligible for this card, you should have a good credit score.

    HDFC Kisan Credit Card Application Procedures

    • You can go to any cooperative, regional and nationalised, banks and apply for the HDFC Kisan Credit Card.
    • Before the sanction of the HDFC Kisan Credit Card, the bank will look through your credit score.
    • The bank will also check your crop pattern, land holdings, and income before they approve your application for the credit card.

    HDFC Kisan Credit Card FAQ's

    1. What interest rate will I get with this card?

      You will get an interest rate of 9% with the HDFC Kisan Credit Card.

    2. Should I apply for this card by going to the bank?

      You can always visit any regional, cooperative, and nationalised bank to apply for credit card. Before the application for this card is approved, the bank will look at your credit score. They will also check other factors like your land holdings, income and also the crop pattern.

    3. How long is the credit tenure?

      With the HDFC Kisan Credit Card, you will receive credit for a period of 12 months.

    4. Will I get an accident cover under this card?

      Yes, you will receive a personal accident insurance cover if you are below 70 years of age.

    5. Is there any limit for the credit card?

      Yes, the HDFC Kisan Credit Card comes with a maximum credit limit of Rs.3 lakhs.

    6. Are there any other insurance benefits I will get with the HDFC Kisan Credit Card?

      Yes, under the National Crop Insurance (NCI) scheme, you will get an insurance coverage for specific crop loans.

      

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.