HDFC Kisan Credit Card

1. The credit card has to be renewed on an annual basis.
2. The HDFC Kisan Credit Card is valid for 5 years.
3. You will receive a credit period of 12 months.
4. Your loans will have to be repaid after the harvest and the sale of your crops.
5. You can get an extension of loan amount up to four years or more if there is a failure of crop season.

Interest Rate Benefits

1. Receive bank interest rates of about 9%.

Insurance Benefits

1. If you are an HDFC Kisan Credit Card holder, you will receive an insurance coverage under the National Crop Insurance (NCI) scheme for specific crop loans.
2. You will be provided coverage for all failed crops after pest attacks and natural calamities.
3. Receive personal accident cover if you are under 70 years of age.

HDFC Kisan Credit Card Limit

The maximum credit limit for this card is Rs.3 lakhs. You will also get a cheque book along with this credit card. The credit limit for this is Rs.25,000.

Eligibility Criteria of the HDFC Kisan Credit Card

The eligibility criteria for HDFC credit card are as follows:

1. To be eligible for this card, you should have a good credit score.
2. Minimum Age - 18 years
3. Maximum Age - 75 years
4. In case a borrower is a senior citizen (age more than 60 years), a co-borrower is mandatory where the co-borrower should be a legal heir.
5. All farmers - individuals/joint cultivators, owners.
6. Tenant farmers, oral lessees, and sharecroppers, etc.
7. SHGs or joint liability groups including tenant farmers.

Documents Required for the HDFC Kisan Credit Card

The documents that might be required by the bank to process Kisan Credit Card Loan scheme in India are:

Proof of Identity	PAN Card, Aadhaar Card, Voter's ID Card, Passport, Driving Licence or any other government approved photo ID
Proof of Address	Aadhaar Card, Passport, Utility bills (not more than 3 months old) or Any other government approved address proof
Proof of Income	Bank statement for the last 3 months, Salary slips for the last 3 months, Audited financials for the last two years (for self-employed), Form 16, etc.

HDFC Kisan Credit Card Application Procedures

1. You can go to any cooperative, regional and nationalised, banks and apply for the HDFC Kisan Credit Card.
2. Before the sanction of the HDFC Kisan Credit Card, the bank will look through your credit score.
3. The bank will also check your crop pattern, land holdings, and income before they approve your application for the credit card.

Kisan Credit Cards By Top Banks

1. Kisan Credit Card
2. PM Kisan Scheme
3. SBI Kisan Credit Card
4. Axis Kisan Credit Card
5. Kotak Kisan Credit Card
6. PNB Kisan Credit Card
7. RBL Kisan Credit Card
8. Canara Bank Kisan Credit Card
9. Bank of Baroda Kisan Credit Card
10. Union Bank Kisan Credit Card
11. Karur Vysya Bank Kisan Credit Card
12. IDBI Kisan Credit Card
13. Bank of India Kisan Credit Card
14. Bank of Maharastra Kisan Credit Card
15. Indian Bank Kisan Credit Card
16. Central Bank of India Kisan Credit Card
17. Gramin Bank Kisan Credit Card

HDFC Kisan Credit Card Customer Care Number

For further details you can contact - 1800115526 or 0120-6025109.

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FAQs on HDFC Kisan Credit Card

• What interest rate will I get with this card?

  You will get an interest rate of 9% with the HDFC Kisan Credit Card.

• Should I apply for this card by going to the bank?

  You can always visit any regional, cooperative, and nationalised bank to apply for credit card. Before the application for this card is approved, the bank will look at your credit score. They will also check other factors like your land holdings, income and also the crop pattern.

• Is there any limit for the credit card?

  Yes, the HDFC Kisan Credit Card comes with a maximum credit limit of Rs.3 lakhs.

• Are there any other insurance benefits I will get with the HDFC Kisan Credit Card?

  Yes, under the National Crop Insurance (NCI) scheme, you will get an insurance coverage for specific crop loans.

• Does a farmer need to visit an HDFC bank's branch to get the card?

  No, it is not necessary for a farmer to visit a branch of the HDFC bank to apply for the card. He can visit any cooperative, regional, or nationalized bank in his bank to apply for the card.

• What is the tenure of the loan that can be taken out via Kisan Credit Card?

  The tenure of loan that can be availed via Kisan Credit Card is five years offered at a rate of 10%, which is reviewed annually.

• For what activities can I use the Kisan Credit Card loan?

  You can use Kisan Credit card for activities such as maintenance of farming assets, crop production, and allied activities.

• What security or collateral will the bank demand to approve the loan amount?

  No security or collateral will be demanded from the bank to approve the loan amount if the amount is less than Rs.1.60. For an amount above Rs.1.60 lakh, the bank can ask for collateral in the form of tractors, trolleys, or by handing over crops for which the loan has been taken.

• How many years is Kisan Credit Card valid to farmers?

  Kisan Credit Card is valid for farmers for five years which is extendable for up to three years.

• What is the limit for checkbook issued with the HDFC Kisan credit card?

  The limit for checkbook is Rs.25,000, which is issued with the HDFC Kisan Credit Card.

• Can I withdraw money from the Kisan Credit Card (KCC) account?

  Yes, you can withdraw money from Kisan Credit Card. Farmers can withdraw money at all PoS outlets and can also be used to make online purchases.

• Does kisan credit card provide long term credit?

  Kisan credit cards provide short-term limits on crops and term loans. But offers long-term credit limit on personal accidental coverage to farmers on personal disability and death.