Kisan Credit Card Application Form Bank of Baroda

PDF Name	Kisan Credit Card Application Form Bank of Baroda PDF
No. of Pages	4
PDF Size	0.06 MB
Tags	Application Form, Kisan Credit Card
PDF Category	Government
Last Updated	August 9, 2021
Source / Credits	matirkatha.net
Comments ✎	0
Uploaded By	Kumar

Farmers can get a Kisan credit card with a line of credit from the Bank of Baroda, which provides them with prompt financial assistance. With quick paperwork procedures and numerous repayment choices, the Kisan credit card provides complete solutions for all types of credit needs.

The funds made available through the Baroda Kisan credit card plan can be used to purchase agricultural equipment to aid crop yields, maintain farms, as a farm produce marketing loan, for the allied agriculture sector, like a personal loan or to repay other lenders, for other consumption needs, and as investment credit for non-land and land-based agricultural activities.

Benefits of Kisan Credit Card

Savings account interest can be used to pay down credit balances on the Kisan card.
The Bank of Baroda does not charge any transaction fees on loans up to Rs. 10 lakhs obtained through direct agriculture.
On loans up to Rs. 2 lakhs, the Bank of Baroda does not impose any documentation costs. Credit obtained for amounts ranging from Rs. 2 lakhs to Rs. 10 lakhs will incur 50% of the standard expenses.
Personal accident insurance worth Rs. 50,000 is also available for free to the borrower.

Eligibility for Kisan Credit Card Application

Farmers who have a strong payback history would be eligible for credit limits of Rs. 1000 or more. This restriction applies to both new applications and non-banking customers. Farmers who are landowners, permanent renters, cultivators, leaseholders, and sharecroppers who have farmed crops for at least 5 years are eligible to qualify for the Baroda Kisan credit card, whether they are educated or uneducated.

How to Apply For Kisan Credit Card (KCC)

Visit a nearby branch of Bank Of Baroda to apply for a credit card. You can also download the Kisan Credit Card Application form in PDF format following the link given below.

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