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The Kisan Credit Card Scheme plays an important role in India. Here’s what you must know about it
· Aim: To provide financial support to the country’s agricultural community
· History: Prepared by the NABARD and introduced by India’s public sector banks in 1998
· Audience: Anyone between the ages of 18 and 65 and engaged in agriculture or owner of agricultural lands
· Credit limit of up to Rs 1 crore for a five-year tenure as per the cropping pattern
· One-time documentation for simplified procedure with fast credit processing
· Credit facility covered under PM Fasal Yojana and Restructured Weather Based CIS
· Dedicated relationship manager for a high-quality customer experience
· ATM cum debit card with Rs 50,000 ATM withdrawal and Rs 1 lakh POS limits
· No charges on cheque book, cheque deposit, Demand Draft, and PO
· Free NEFT and RTGS, and five free IMPS every month
· Free cash deposit and withdrawal in home and non-home locations
With its Kisan Credit Card, Metra Trust plays an important part in financing the growth of the engine that drives the nation’s economy
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The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Metra Trust or its affiliates to any licensing or registration requirements. Metra Trust shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.