Agriculture provides higher employment in India and farmers have been availing credit to improvise their activities for a long time. Nevertheless, the inconveniences that they had faced so far have been mitigated with the launch of the Kisan Credit Card scheme.

To be eligible for the scheme, an individual should be between the age group of 18 years and 70 years old. He should possess farmland as the owner or as a co-cultivator or must be a tenant farmer. Also, the farmer can borrow the amount individually or as a part of a self-help group or joint liability groups.

What are the benefits of the KCC scheme?

The benefits of this credit card for farmers are following –

• A substantial amount of credit with this credit card, which can range between Rs.10,000 and Rs.50,000 as per your needs.
• The repayment tenor for the availed amount is set to 12 months, which can be extended in case your crops get damaged due to unavoidable circumstances.
• The application to apply for the credit card is simpler and does not require you to go through strict procedures.
• Avail instant cash as and when required by withdrawing the amount from ATMs.

In addition to these benefits mentioned above, in case you are looking for multiple other benefits, you can opt for credit cards like the Bajaj Finserv RBL Bank SuperCard. Besides gaining access to emergency personal loans, you can also earn welcome bonuses, cashback on purchases, and rewards points.

Therefore, to qualify for such a line of credit in a convenient manner, make sure you are aware of the requirements before making an application. Also, check the eligibility; and, once you fulfil them, you can make most of these credit cards.