Kisan Pragati Card(KPC)
We would like to join hands with farmers and help them achieve progress and gain success. The Kisan Pragati Card is a specially designed loan product with a specific focus on small and marginal farmers.
Through this loan, we aim to provide adequate timely credit to farmers for needs such as working capital for crop production, term loan for farm maintenance, farm development, consumption needs of farmer households, allied agriculture activities and other investment needs, including unexpected farm exigencies.
We have also customized the product to suit the needs of modern and progressive farmers, who can benefit from this unique offering in all seasons, throughout the year.
FAQs
1. What are the different product variants available under KPC Loan?
KPC Crop Loan, KPC Poultry and KPC Pisciculture are the three variants under KPC loan.
2. What is the ticket size offered in KPC Loan?
Farmers can avail a loan of 26,000 to 1 Crore under KPC Crop Loan, 5 Lakhs to 25 Lakhs under KPC Pisciculture Loan, 2 Lakhs to 50 Lakhs under Poultry Loan.
3. Who is eligible to avail KPC Loan?
Individual farmers involved in Agriculture & allied activities are eligible to avail KPC Loan.
4. What are the age criteria for availing the loan?
Applicant age should be 18- 75 years. If the applicant is above 60 years, then Legal Heir Declaration is required.
5. Is Co-borrower required to apply the loan?
Yes, Co-borrower is required & maximum of 4 Co-borrowers can be added.
6. Do I have to have any minimum land holding before applying for Ujjivan KPC Loan?
To avail the Kisan Pragati Loan, farmers must meet some requirements with regard to land holding. There is a minimum land holding requirement of 0.5 acre of irrigated land for KPC Crop Loan & 1 acre of irrigated land for KPC Poultry & KPC Pisciculture.
7. What are the facilities provided under KPC Crop Loan?
The facilities provided under KPC Crop Loan are Cash Credit, Term Loan & Abhimaan Overdraft.
8. What are the facilities provided under KPC Pisciculture & KPC Poultry?
The facilities provided under KPC Pisciculture & KPC Poultry are Overdraft & Term Loan.
9. What is the rate of interest for KPC Loan?
Kindly click on the link to know about the loan-wise interest rate:
10. What is the schedule of charges for KPC Loan?
Kindly click on the link to know about the schedule of charges:
11. What is the tenure of the KPC Loan?
The KPC Loan tenure is up to 5 years.
12. In how much time do I have to repay the Term Loan?
Repayment frequency is aligned with Cash flow
13. What is KPC - Pisciculture Loan?
KPC-Pisciculture Loan is a loan facility designed for Individual farmers involved in fresh water fish, shrimps, Prawns, Crab farming. There are two products available under this facility - Term Loan and Overdraft.
14. What is KPC – Poultry Loan?
KPC-Poultry Loan is a loan facility designed for Individual farmers engaged in Boiler & Layer farming. There are two products available under this facility - Term Loan and Overdraft.
15. What is the business vintage required for KPC Poultry & KPC Pisciculture?
An individual must run his business for a minimum of 2 years with profits to be eligible for KPC Poultry & 3-5 years with profits to be eligible for KPC Pisciculture.
16. How can I avail the loan?
You can go to the nearest branch & avail the loan. To know the nearest branch, go to the bank website and click on the Locate Us link.
