Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
Karur Vysya Bank attempts to provide every kind of help that it can to the agricultural sector. This is one of the reasons why it offers multiple agricultural products and schemes. One of its popular schemes is the Green Card or the Green Card Plus (Kisan Credit Card) Scheme, through which it provides working capital and short or long-term credit to farmers in urban, semi-urban and urban areas. Farmers can use the money they receive on a loan to perform their daily agricultural and allied activities smoothly.
Eligibility Criteria:
The eligibility criteria for the Kasur Vysya Green Card or Green Card Plus (Kisan Card) are as follows:
Kisan Credit Cards By Top Banks
Bank of Baroda Kisan Credit Card
Bank of India Kisan Credit Card
Indian Bank Rupay Kisan Credit Card
Union Bank of India Kisan Credit Card
The interest rates for the Kasur Vysya Green Card or Green Card Plus (Kisan Card) are mentioned in the table below:
| Type of Facility | Floating Interest Rates p.a. |
|---|---|
| Floating Interest Rates p.a. | 9.20% |
| Investment credit | 9.20% |
Farmers can find the interest rate on Green Card or Green Card Plus (Kisan Card) from any branch of Karur Vysya Bank.
To obtain more information about Karur Vysya Bank Green Card or Green Card Plus (Kisan Card), a farmer can visit any branch of the bank or contact them on their customer care number.
A Karur Vysya Bank Green Card or Green Card Plus (Kisan Card) is valid for 5 years and is subject to review on an annual basis.
Farmers have to repay the money to Karur Vysasa Bank in one year from the date of withdrawal.
Yes, farmers can withdraw money using their Green Card or Green Card Plus (Kisan Card) through ATMs.
Individuals aged between 18 years to 75 years can apply for the Kasur Vysya Green Card or Green Card Plus (Kisan Card). Borrowers over the age of 70 years must have a co-borrower under the age of 60 years.
The processing fee for the Kasur Vysya Green Card or Green Card Plus (Kisan Card) is 0.30%.
Yes, free accidental insurance coverage worth Rs.50,000 will be offered to farmers.
The repayment tenure is up to 1 year for cash credit and up to 7 years for term 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.
