KCC Full Form
1) KCC Full Form is Kisan Credit Card.
2) KCC scheme is introduced on the recommendations of the R.V. Gupta Committee.
3) KCC scheme prepared by National Bank for Agriculture and rural development.
4) It was introduced in the year August 1998.
5) In the year 2019 fisheries and animal husbandry included in this scheme.
6) Commercial banks, Regional Rural Banks, Private Banks and state co-operative banks give Kissan Credit Card Loans.
7) Kisan Credit Card offering credit to the farmers in two types.
a) Cash Credit
b) Term Credit
8) The main objective of this scheme is to provide a loan to farmers at a lower interest rate.
9) Kisan Credit Card having flexible repayment schedule. Farmers can pay when they want to pay like overdraft account.
10) Loans up to Rs 160000 not having any security only hypothecation of crops.
11) Up to Rs 160000 no guarantee needed for KCC Loans. More than 160000 loan guaranter needed.
12) There no maximum age limit to get KCC loan.
13) Government service person also can apply for KCC loan.
14) A pensioner having agricultural land eligible for Kisan Credit Card Loan. They can avail the loan as per there lands and crops.
15) If in land RTC any lien is mentioned no due certificate needed.
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