Baroda Kisan Credit Card (BKCC)

• Digital BKCC Renewal facility
• All farmers including tenants and share croppers are eligible for loans
• Minimum loan amount is Rs. 5,000/-
• Credit facility is provided for Production Credit and Investment Credit
• Loans up to Rs. 3.00 Lakhs will be charged @ 7%p.a, subject to Govt. of India providing Interest Subvention to Bank on such advances
• Interest at SB rate on credit balance in account
• Coverage available under Pradhan Mantri Fasal Bima Yojana
• Concession available in ROI for existing regular borrowers
• Limit is valid for 5 years
• Eligible for free insurance cover of Rs. 50,000/ under Personal Accident Insurance Scheme
• Nil Processing Charges for aggregate loan upto Rs 3.00 Lakhs
• Nil Inspection Charges for aggregate loan upto Rs 3.00 Lakhs

Kisan Credit Card Scheme aims at providing adequate and timely credit support from the banking system under a single window to the farmers for their cultivation & other needs as indicated below:

• To meet the short term credit requirements for cultivation of crops including fodder crops.
• Post-harvest expenses.
• Produce marketing loan.
• Consumption requirements of farmer household.
• Working capital for maintenance of farm assets and activities allied to agriculture, like dairy, poultry, fisheries, piggery, sericulture etc.
• Investment credit requirement for agriculture and allied activities like purchase of farm equipment/machinery like pump sets, sprinklers/drip irrigation equipment, pipe line, power tiller, tractor, sprayers, milk animals, vehicles for transportation of farm produce etc.

• All farmers – individuals/joint borrowers who are owner cultivators
• Tenant farmers, oral lessees and sharecroppers etc.
• Self Help Groups (SHGs) or Joint Liability Groups (JLGs) of farmers including tenant farmers, sharecroppers etc.
• Recorded/registered sharecroppers and tenant farmers who are cultivating crops for a period not less than five years in order to meet the production credit needs are also eligible.
• The individual tenant farmers / share croppers cultivating crops on oral lease basis who are resident of the village at least for a period of 3 years continuously and cultivating lands and raising crops for a reasonably long period, but not less than 3 years could be issued KCC with a farm credit limit upto Rs 10000

• Application Form
• Two Passport sized Photographs
• ID Proof like Driving License, Aadhaar Card, Voter ldentity Card, passport etc.
• Document stating Land holding details duly certified by the Revenue authorities/Online Land Records

Processing Charges:

• Nil Processing charges for aggregate loans upto Rs 3.00 Lakhs.
• Above Rs 3 to Rs10 Lakhs - Rs 250/- Lakh or part thereof +GST
• Above Rs 10 Lacs- Rs 350/lac or part thereof

Inspection Charges:

• Nil Inspection Charges for aggregate loan upto Rs 3.00 Lakhs
• Above Rs 3 lakhs to Rs 10 Lakhs - Rs 250/-
• Above Rs 10 Lakhs to Rs 1 Crore - Rs 500/-
• Above Rs 1 Crore - Rs 1000/-

Note : The Bank may use the services of agents in sales/marketing etc. of its various products