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.
Kisan Credit Cards By Top Banks
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.
The eligibility criteria for HDFC credit card are as follows:
The documents that might be required by the bank to process Kisan Credit Card Loan scheme in India are:
|Proof of Identity||PAN Card, Aadhaar Card, Voter’s ID Card, Passport, Driving Licence or any other government approved photo ID|
|Proof of Address||Aadhaar Card, Passport, Utility bills (not more than 3 months old) or Any other government approved address proof|
|Proof of Income||Bank statement for the last 3 months, Salary slips for the last 3 months, Audited financials for the last two years (for self-employed), Form 16, etc.|
For further details you can contact - 1800115526 or 0120-6025109.
You will get an interest rate of 9% with the HDFC Kisan Credit Card.
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.
With the HDFC Kisan Credit Card, you will receive credit for a period of 12 months.
Yes, you will receive a personal accident insurance cover if you are below 70 years of age.
Yes, the HDFC Kisan Credit Card comes with a maximum credit limit of Rs.3 lakhs.
Yes, under the National Crop Insurance (NCI) scheme, you will get an insurance coverage for specific crop loans.
Yes, it would help if you have a good credit score. To understand your score, you should discuss it with the issuing authority.
No, it is not necessary for a farmer to visit a branch of the HDFC bank to apply for the card. He can visit any cooperative, regional, or nationalized bank in his bank to apply for the card.
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.