#1
6th November 2015, 08:47 AM
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Union Bank of India KCC
Can any one provide information about Kisan Credit Card offering by Union Bank of India? What is eligibility required to get Kisan Credit Card from this Bank?
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#2
6th November 2015, 08:50 AM
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Re: Union Bank of India KCC
The Kisan Credit Card is offering by Union Bank of India for following objectives: Short Term Credit Requirements for Cultivation of Crops Post Harvest Expenses Produce Marketing Loan Consumption Requirements of Farmer Household Investment credit requirement for agriculture and allied activities like pumpsets, sprayers, dairy animals etc. Working Capital for Maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc. Eligibility: All Farmers – Individuals / Joint borrowers who are owner cultivators SHGs /JLGs of Farmers including tenant farmers, share croppers etc. Tenant Farmers, Oral Lessees & Share Croppers Rate of interest: ROI will be linked to Base rate. Limit: Rs.10,000 to Rs.50,000 Margin: For crop loans, no separate margin. For term loan component, margin will be: Upto Rs 1.00 lac - NIL Above Rs 1.00 lac - 15% Security: Up to Rs.1.00 lac- Hypothecation of crops |