KCC

Purpose	Kissan Credit Cards are provided to the farmer who are the members of the Society, to get themselves engaged in their agricultural activities depending upon their financial needs, in a easy manner.
Eligibility	The applicant must be a farmer and should be the member of the Primary Credit Co-operative Society where his agricultural property exists. He should not have availed similar facility from any other Commercial Bank, Co-operative Bank or Cooperative society. The credit limit sanctioned under this scheme is subject to the aggregate credit limit for which he is eligible for all type of crops grown by him as mentioned in the Normal Credit Statement prepared by the DLST Committee meeting.
PERIOD	1 year
RATE OF INTEREST	The rate of interest applicable for Kissan Credit Card is the rate applicable for the Crop loans.
DOCUMENTS AND FORMALITIES TO BE SUBMITTED	Nominal Membership Fees of Rs. 100/- Family tree (3 Generations) authorized from Village accountant. R T C of 3 years (PHANI) Mutation Copy c. Tax Payment Receipt Sale Deed, Property Partition documents and all related documents Total Irrigation Certificate N O C Certificates Passport Size Photo (3 Copies) Legal fees Project Report E C (13 years) Income Source Valuation Certificate Caste Certificate Declaration Certificate from Tahsildar
Terms of Sanction	a. Application for Kissan Credit Card may be submitted at any time during the year provided he should clear all his crop loans borrowed before availing this facility or the crop should be cleared from the proceeds available under the card. b. Credit Card application should be duly filled in the prescribed form with all enclosures. During annual review a simple request letter is sufficient for renewal of limit but for increase of limit during annual review necessary bonds etc should be furnished for fresh limit. For the renewal of the account at end of the year fresh application with all enclosures are needed. c. After scrutinizing the application the Secretary will place the same before the Managing Committee for sanction. The Managing Committee of the society is authorized to sanction the loan under Credit Card Scheme. The Managing Committee may reject the application without giving any reasons to the applicant. Managing Committee will take the decision of fixing the Credit Card limit after taking into consideration i. Lands owned by the applicant ii. Eligibility under Crop loan and iii. The applicant’s dealings with the Society in the previous years.