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KPC - Crop Loan

Grow your farm with KPC Crop Loans. Get Cash Credit for cultivation, Overdraft facility for progressive farming, and Term Loans for strategic farm investments. Enjoy attractive interest rates, flexible repayment tenure, minimal documentation, and more.

Facilities Offered under KPC Crop Loan

  • Cash Credit - To meet cost of cultivation and post-harvest expenses, including general consumption and farm asset maintenance needs of the farmer.
  • Overdraft – To fulfil additional credit requirement of progressive farmers for carrying out High-tech agricultural practices, marketing arrangements, other consumption needs, Farm and Family exigencies.
  • Term Loan - For investment purpose like farm improvement & development, purchase of farm implement, Irrigation equipment etc.

Features & Benefits of KPC Crop Loan

  • Flexible repayment tenure from 1 year to 5 years
  • Hassle-free application process
  • Attractive interest rates
  • No hidden charges; No pre-closure charges
  • Minimal documentation
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Eligibility Criteria

  • Age: 18 - 75 (Legal heir as Co-applicant is Mandatory if age >60)
  • Landholdings: Minimum 0.5 acres of irrigated land
  • Primary Security: Hypothecation of crop & assets created out of bank finance
  • Collateral: Mortgage of agricultural land/Non Agri. Property/Urban Property/Liquid security
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Documents Required

  • Loan Application Form
  • KYC of Applicants/Co Applicants
  • Copy of Land Records
  • Copy of Govt. land rate of agriculture land
  • Latest updated passbook/bank statement
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Interest Rates

 

Overdraft14.99% p.a.
Cash Credit16.99% p.a.
Term Loan18.99% p.a.

FAQs

1. What is a KPC Crop Loan?

KPC Crop Loan is a type loan offered to farmers to grow their crop farming. There are three facilities available - Overdraft, Term Loan and Cash Credit.

2. What documents are needed to avail KPC Crop Loan?

You will need the loan application form, an updated copy of the passbook or bank statement, KYC details, a copy of land records, and a copy of the government land rate of the agricultural land.

3. What benefits will I get from the KPC Crop Loan?

KPC Crop Loan offers hassle-free loans at attractive interest rates and flexible repayment tenure. Select from Overdraft, Term Loan and Cash Credit facilities, apply and uplift your crop farming business.

4. What is the purpose of KPC Crop Loan?

The Cash Credit facility can be availed to meet cost of cultivation and post-harvest expenses; whereas the Overdraft facility is meant for fulfilling additional credit requirement of progressive farmers for carrying out High-tech agricultural practices, marketing arrangements, other consumption needs.

Likewise, the Term Loan can be used for investment purpose like farm improvement & development, purchase of farm implement, Irrigation equipment etc.

5. What land holding should I have to take the KPC Crop Loan?

You should have a minimum of 0.5 acres of irrigated land to be eligible to avail of KPC Crop Loan.

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