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

    The Kisan Credit Card is a unique offer banks have put up for farmers to acquire affordable and timely credit in India. Under this scheme, farmers can meet investment requirements through easy credit options without hassles and time-consuming banking processes. These cards carry flexible repayment options and can even be delayed or rescheduled in case of a failed crop season. Extensions on repayment can stretch up to 4 years. RBL offers the Smart KCC Card which is Rupay enabled.

    Features and Benefits of RBL Kisan Credit Card

    Credit is sanctioned to farmers without the hassle. Farmers need not go through the same banking processes to secure cash when needed.

    Access to ATMs:

    Farmers can withdraw cash when needed from more than 1 lakh ATMs in India. This provides more mobility and freedom to access cash as and when needed.

    Wide Acceptance:

    The Smart KCC Card is accepted at 7 lakh merchants in the country. This gives farmers the convenience of purchasing required items from major stores and suppliers with the credit card.

    PIN enabled Card:

    The credit card is protected with a personal identification number which is required to authenticate any transaction. For cash withdrawals and POS terminals, the PIN is needed for the transaction to be completed.

    SMS and Email Alerts:

    Stay up to date on your credit card withdrawals and transactions with SMS and Email alerts. RBL will also update you on your credit card dues and payment dates.

    Long Validity:

    The Smart Kisan Credit Card is valid for up to 5 years.

    Flexible Repayment:

    Credit is extended without rigid payment rules. Repayment can be rescheduled in case of a bad crop season. Repayment can be extended for up to 4 years.

    How to Apply for the RBL Smart Kisan Credit Card

    You can use any of the following methods to apply for an RBL Smart Kisan Credit Card.

    • Apply online on the RBL Bank Website.
    • Visit the nearest RBL Bank Branch.
    • Approach a marketing officer visiting villages.

    Other Agricultural Banking Products Offered by RBL

    RBL Bank also offers the following banking products and services to the agricultural sector.

    It offers finance and loans for:

    • Crops
    • Poultry and Fisheries
    • Cattle and Dairy
    • Micro Irrigation
    • Allied Agriculture Activity
    • Horticulture.

    It offers commodity finance for:

    • Cold storages and cold chain
    • Rural Warehouse construction
    • Warehouse receipt finance

    It offers loans on farm mechanization and vehicles for

    • Tractors
    • Farm Machinery
    • Two wheelers
    • Small and light commercial vehicles

    It offers finance for corporate needs that include:

    • Horticulture
    • Contract Farming
    • Food & Agro Processing
    • Agri Value Chain Finance
    • Finance to Processors, Traders and Aggregators
    • Farmer Producer Organisations (FPOs) and Farmer Service Societies
    • Custom Hiring Companies

    Eligibility for RBL Kisan Credit Card

    An applicant must satisfy the following eligibility criteria to be able to apply for RBL Kisan Credit Card:

    • Minimum age: 18 years
    • Maximum age at the end of loan tenure: 75 years
    • If the loan applicant is exceeding 60 years of age, he/she would require a co-borrower who is immediate family member or legal heir.
    • For up to 5 people, joint holding at single or multiple locations is permitted.

    Who can Apply for RBL Bank Kisan credit card?

    The following can apply for RBL Bank Kisan credit card:

    • All farmers, individuals and joint borrowers who are owner cultivators can apply for RBl Bank Kisan Credit Card.
    • Tenant farmers, share croppers and Oral lessees, can apply for RBL Bank Kisan Credit Card.
    • Self Help Groups (SHGs) and Joint Liability Groups (JLGs) of farmers including tenant farmers and share croppers can apply for RBL Bank Kisan Credit Card.
    • Progressive agriculturists are also eligible to avail themselves of a loan under this product.

    Documents Required to Apply for RBL Kisan credit card

    The following documents are required to apply for Kisan credit card:

    • Identity proof: Passport, Aadhaar card, Voter ID, PAN card, etc.
    • Address proof: Water bill, electricity bill, driving licence, etc.
    • Passport size photographs
    • Application form

    How to Apply for RBL Kisan credit card online?

    Follow the steps mentioned below to apply for the Kisan credit card online:

    Step 1: Visit the official RBL bank website

    Step 2: Check the option for Kisan credit card

    Step 3: Click on ‘Apply’ button

    Step 4: Fill in the form with the required details

    Step 5: Click on Submit

    Once the application is submitted, check the reference number generated by the system and note it for future use.

    How to Apply for RBL Kisan credit card offline?

    You can visit the nearest RBL Bank branch and apply for this credit card. To do so you will have to ask for the Kisan credit card application form and submit it with the required details and documents.

    FAQs on RBL Smart Kisan Credit Card

    1. Do I need to hold an RBL Bank account to be eligible for the Smart Kisan Credit Card?

      Yes, it is preferable that you hold a savings or current account with the bank. In other cases a Kisan Credit Card might be offered at the bank’s discretion.

    2. Can I use the Smart KCC to shop?

      Yes, you can use the shop at any merchant that accepts Rupay. There are more than 7 lakh establishments that accept the credit card.

    3. Is there a maximum cash withdrawal limit?

      The bank sets a maximum daily cash withdrawal limit. This will be communicate to you by RBL Bank upon application. The cash withdrawal limit will also depend on the credit card limit sanctioned for you.

    4. How do I apply for the RBL Smart KCC online?

      Visit the RBL Bank website. Select “Business” and opt for “Agri Business”. You can then choose “Farmer Finance & Crop Loan”. There will be an option to Apply Now at the bottom of the page. Fill out the form and submit.

    5. What is the validity on my Smart Kisan Credit Card?

      The validity offered on these cards will be up to 5 years. Credit card validity is determined individually and will be stated on your credit card.

    6. Is it possible for farmers to get a loan using Kisan credit card?

      Farmers can avail themselves of a loan up to Rs.3 lakh using the Kisan credit card.

    7. Can the Agri loan customers avail themselves of the mobile banking facility?

      Yes, RBL Bank does provide the option to bank on their mobiles to maintain their loan accounts.

    8. How much is the age eligibility criteria to avail Kisan credit card?

      The minimum age required to avail Kisan credit card is 18 years and the maximum age allowed to avail the credit card is 75 years.

    9. Which banks provide Kisan credit cards other than the RBL Bank?

      Other than RBL Bank, KCC is provided by Axis bank, HDFC bank, Bank of Baroda, Central Bank of India, etc.

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