#1
7th October 2016, 08:56 AM
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KCC Loan SBI
Could you please tell about the features of Kisan Credit Card (KCC) Loan Scheme of State Bank of India (SBI) ?
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#2
7th October 2016, 09:39 AM
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Re: KCC Loan SBI
Kisan Credit Card (KCC) Loan Scheme of SBI is for providing credit to farmers to meet their production credit needs . KCC Loan Scheme: Eligibility Criteria : Farmers-individuals/Joint borrowers Tenant farmers, Oral lessees and Share Croppers etc. Loan Features Short term credit limit Post-harvest/ household / consumption requirements KCC accounts should be renewed annually. Processing charges waived for KCC limit up to Rs.3 lacs. Collateral security is waived for Limit of up to Rs.1 lac Limit up to Rs.3 lacs for loans with tie-up arrangement for recovery. Repayment Kharif (mono) (1st April to 30th September) - 31st Jan Rabi crop (mono) (1st October to 31st March) - 31st July Double /Multiple Crops (Kharif & Rabi seasons) - 31st July Long term Crops (All round the year) - 12 months (from the date of first disbursement) Contact : State Bank of India 1800 425 3800 |