|
Purpose |
To provide instant credit to the Farming community to meet their emergency requirements for Agricultural and domestic purposes for tiding over temporary difficulties. |
|
Eligibility |
Individual farmers/Joint borrowers who are existing Kisan Credit Card holders of the bank. |
|
Nature of facility |
Term Loan repayable within 5 years. |
|
Quantum of Loan |
50% of CKCC limit or 25% of annual income (minimum Rs.1,000/- and maximum Rs.50,000/-.) |
|
Security |
Charge on the existing securities obtained for CKCC. |
|
Repayment |
Within 5 years in half yearly / yearly instalments. |
