एमबीजीबी किसान क्रेडिट कार्ड योजना
Kisan Credit Card Scheme (KCC)
ØWorking capital requirement/short term credit requirement for cultivation of crop including Post harvest expenses, production marketing loan, Consumption requirement and towards maintenance of farm assets.
ØAll farmers, JLGs, SHGs, Tenant Farmers, oral Lessees and Share Croppers
ØOral less farmers
3 Extent of Loan:
ØUp to 5 Lac (Upto 10 Lac for borrower having satisfactory operation from last two years)
ØOn basis of oral lessees up to Rs.15000/- (Tenant farmers and landless labourers)
ØUp to Rs.50000/- to JLGs recommended by NGOs approved by NABARD and having banking habit.
ØMaximum up to Rs.25000/- to JLGs, which provided certified copy of the land owner regarding cultivation of land.
4 Fixation of Limit:
ØThe KCC limit will be fixed for the limit arrived for the 5th year based on the scale of finance fixed by DLTC.
ØAdditional limit to the tune of
ØDisbursement to be done in the form of revolving Cash credit facility. DP to be allowed on the basis of scale of finance for that year.
Within 12 Months
7 Other Important Issues:
Ø KCC RuPay card is available which can beused in any ATM in the country.
Ø Interest Subvention-On prompt repayment Interestsubvention of 3% is available from CentralGovernment.
Ø Crop Insurance and Personal AccidentalInsurance is mandatory.
Ø 1 Lac Accidental Insurance on RuPay Card is available without Premium, if transaction took place using card within last 45 days of accident.