Agriculture and livestock activities under the farming sector are the areas that form the backbone of the economy of India and thus, require special attention. Bandhan Bank, with its network of over 2000 locations spread over 22 states in India, is committed to provide that much required attention to the farming community through its offerings. A relatively new bank that has its headquarters in Kolkata, Bandhan Bank started with a capital base of INR 2570 crore and hopes to attain a goal of INR 3052 crores in the near future. Its Kisan Credit Card can aid anyone aiming to invest in quality farm, livestock, plant or warehouse, by providing Term Loans and Working Capital Loans in the face of cultivation exigencies.
The farming community is integral to the economy of India and to the physical well-being of every Indian who consumes the produce of this nation. Bandhan Bank Kisan Credit Card is a feature which can be used by farmers to support their cultivation needs. It can be used to cover expenses related to production, contingencies and practically anything else which could prove to be a stumbling block pertaining to farming. Designed to offer credit facilities to farmers, this offering covers farming and ancillary activities, giving farmers more leeway to focus on their livelihood.
Individuals seeking to avail the benefits of this offering must be satisfying the following basic eligibility criteria
Some of the major features and benefits of Bandhan Bank Kisan Credit Card scheme are mentioned below.
Individuals who wish to avail credit under this scheme are expected to furnish the following documents.
The bank can ask for additional documents as per its discretion, depending on the borrower and other conditions.
Note – The interest rate is subject to change at the discretion of Bandhan Bank without prior intimation and individuals should check it before applying.