Kisan Credit Card (KCC) Application Form PDF

Kisan Credit Card (KCC) Application Form PDF Details
PDF Name	Kisan Credit Card (KCC) Application Form PDF
No. of Pages	1
PDF Size	0.70 MB
Language	English
Category	English
Source	pmkisan.gov.in
Download Link	Available ✔
Downloads	17

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Kisan Credit Card (KCC) Application Form

Here in this post, we are going to present Kisan Credit Card (KCC) Application Form PDF. The Central Government has launched a campaign to saturate all the PM Kisan Samman Nidhi Yojana beneficiaries with the Kisan Credit Card (KCC) scheme. All farmers can now download Kisan Credit Card Loan Application Form 2022 for Agriculture Loan online in PDF format. The official websites for Downloading Kisan Credit Card (KCC) Apply Online Form PDF are www.pmkisan.gov.in and www.agricoop.gov.in. With the merger of PM Kisan Samman Yojana with KCC, farmers will be able to get concessional institutional credit from KCC for crops as well as animal/fisheries at a maximum interest of 4%.

All PM Kisan Samman Nidhi Yojana beneficiary farmers can now contact their bank branches for Kisan Credit Card applications. There, farmers have to submit a single-page KCC registration form with details of land records and crops sown to generate their Kisan Credit Card.

Kisan Credit Card (KCC) Application Form PDF – Details

Kisan Credit Card is provided with the following objectives:-

The short term credit requirements for the cultivation of crops Post-harvest expenses Produce marketing loan Consumption requirements of farmer household Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc. Investment credit requirement for agriculture and allied activities like pump sets, sprayers, dairy animals etc.

ELIGIBILITY

All Farmers – Individuals / Joint borrowers who are owner cultivators Tenant Farmers, Oral Lessees & Share Croppers SHGs /JLGs of Farmers including tenant farmers, sharecroppers etc.

3. Fixation of credit limit/Loan amount

a)All farmers other than marginal farmers:

For first-year: farmers raising a single crop in a year(scale of finance*area cultivated +10% of limit towards post-harvest/household/consumption needs+ 20% of limit towards repairs and maintenance expenses of farm assets + crop insurance, PAIS and asset insurance. For subsequent years: First year limit plus 10% of the limit towards cost escalation/increase in scale of finance for every successive year and estimated term loan for the tenure of kisan credit card. In case revision of scale of finance for any year by the DLTC exceeds the notional hike of 10%, a revised drawable limit may be fixed and the farmer is advised about the same.

Term loans Investments Term Loan is provided towards investment in land development, minor irrigation, purchase of farm equipments and allied agricultural activities. The quantum of credit for term and working capital limit for agricultural and allied activities, etc., is worked out based on the unit cost of the asset/s proposed to be acquired by the farmer, the allied activities already being undertaken on the farm, and on repayment capacity vis-a-vis total loan burden devolving on the farmer, including existing loan obligations.The long term loan limit is based on the proposed investments during the five year period and the bank’s perception on the repaying capacity of the farmer

Maximum Permissible Limit: The short-term loan limit arrived for the 5th year plus the estimated long-term loan requirement will be the Maximum Permissible Limit (MPL) and treated as the Kisan Credit Card Limit.

Fixation of Sub-limits The card limit is bifurcated into separate sub-limits for short-term cash credit limit cum savings account and term loans, due to differences in interest rates, repayment schedules,s and norms.

b) For Marginal Farmers:

A flexible limit of Rs.10,000 to Rs.50,000 be provided (as Flexi KCC) based on the landholding and crops grown including post-harvest warehouse storage-related credit needs and other farm expenses, consumption needs, etc., plus small term loan investments like the purchase of farm equipment, establishing mini dairy/backyard poultry as per the assessment of Branch Manager without relating it to the value of the land. The composite KCC limit is to be fixed for a period of five years on this basis.

4. Disbursement :

The short-term component of the KCC limit is in the nature of a revolving cash credit facility. There is no restriction on the number of debits and credits. The drawing limit for the current season/year could be allowed to be drawn using any of the following delivery channels e.g. Operations through the branch, using Cheque facility, Withdrawal through ATM enabled KCC, Operations through Business Correspondents, Operation through PoS available in Sugar Mills/ Contract farming companies, input dealers, Mobile based transfer transactions at agricultural input dealers and mandies etc. Issuance of ATM enabled Rupay cards to eligible farmers.

5. Rate of interest

ROI will be linked to MCLR. However, if Government supported interest subvention is provided for any component of the limit, the rate of interest may be fixed accordingly.

6. Repayment Period:

The repayment period may be fixed as per the anticipated harvesting and marketing period for the crops for which loan is granted. The term loan component will be normally repayable within a period of 5 years depending on the type of activity/investment as per the existing guidelines applicable for investment credit.

7. Margin:

For crop loans, no separate margin. For the term loan component, the margin will be: Up to Rs 1.00 lac – NIL Above Rs 1.00 lac – 15%

8. Security:

Up to Rs.1.00 lac- Hypothecation of crops lacs, mortgage of land, and/or third-party guarantee in addition to hypothecated crops/assets. In states where banks have the facility of online creation of charge on the land records, the same shall be ensured.

Eligibility for Kisan Credit Card

• All farmers – individuals/Joint cultivator owners.
• Tenant farmers, oral lessees, sharecroppers, etc.
• SHGs or Joint liability groups including tenant farmers.
• All the beneficiaries of PM Kisan Samman Nidhi Yojana.

Documents Required for Kisan Credit Card

• Duly filled KCC application form along with self-declaration.
• Identity proof: Voter ID card / PAN card / Passport / Aadhaar card / Driving License etc
• Address proof: Voter ID card / Passport / Aadhaar card / Driving license etc
• Valid agriculture land documents.

PM Kisan Credit Card (KCC) Application Form PDF

Given below is the complete procedure to download Kisan Credit Card (KCC) online application form in PDF format for the beneficiaries of PM Kisan Samman Nidhi Yojana:

Step 1: First of all visit the official portal of PM Kisan pmkisan.gov.in

Step 2: On the home page, click on the “Download KCC Form” tab present in the main menu.

Step 3: Direct Link: https://pmkisan.gov.in/Documents/Kcc.pdf

Step 4: Accordingly, the KCC Farm Credit Loan Application Form for PM Kisan Beneficiaries will appear as below:

Step 5: All the interested farmer-beneficiaries of PM Kisan Samman Nidhi Yojana can download this KCC form in PDF format. Finally, people can submit the complete Kisan Credit Card application form to the bank itself.

Here you can free download Kisan Credit Card (KCC) Application Form PDF by clicking the link given below. 

Kisan Credit Card (KCC) Application Form PDF Download Link

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