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Sunday, 15 March 2020

Bihar Kisan Credit Card (KCC) Application / Registration Form PDF Download Online @ krishi.bih.nic.in

Bihar government is now inviting Kisan Credit Card Scheme online registration form at krishi.bih.nic.in. This is a credit scheme introduced in August 1998 by Indian banks to provide term loans for agricultural needs. Farmers can now apply by downloading Kisan Credit Card (KCC) application form in PDF format online.
Kisan Credit Card Scheme offers 2 types of credit to farmers - Cash Credit & Term Credit (pump sets, land development, plantation, drip irrigation). Farmers can avail concessional credit facility from public sector banks, private banks, commercial banks, regional rural banks & state cooperative banks. 

KCC credit card holders are also covered under personal accident insurance. This amount is upto Rs. 50,000 for death and permanent disability and upto Rs. 25,000 for other risk. The KCC premium is borne by both bank and borrower in 2:1 ratio.

Bihar Kisan Credit Card (KCC) Scheme Apply Form PDF Download Online

Here is the complete procedure to download Bihar Kisan Credit Card (KCC) Scheme application form PDF online:-
  • Firstly visit the official website at http://krishi.bih.nic.in/
  • At the homepage click at the "किसान क्रेडिट कार्ड के लिए आवेदन हेतु एक पन्ना का सरल फार्मlink.
  • Direct Link - http://krishi.bih.nic.in/Docs/Form_for_KCC.pdf
  • Accordingly, the Bihar Kisan Credit Card (KCC) Scheme Online Application / Registration Form will appear as shown below:-  

  • Farmers can download this KCC apply online form in PDF format and fill it. After filling it, the farmers can submit this form at the bank branches to avail Kisan Credit Card facility.

Kisan Credit Card or KCC is a scheme specifically designed by NABARD to provide farmers with financial support. The short-term loan is intended to help farmers receive timely financial aid and support from the banking system. KCC money can be used for multiple purposes such as meeting short term credit requirements to cultivate crops, post harvest expenses, household expenses. Farmers can even utilize this money for working capital requirements of farming, investment for agricultural purpose and market expenses for produce.

Kisan Credit Card Scheme Features 


Kisan Credit Card Scheme is a type of crop loan provided to farmers with necessary credit to meet their working capital needs. However, the KCC loan can be used for a number of other purposes and not just to meet working capital requirements. The Kisan Credit Card Loan is valid for a duration of 5 years which can be extended for 3 more years. 

Moreover, the actual tenure depends on type of activity which farmers plan to use money for. In order to avail farm loan, farmers will have to meet the eligibility criteria set by the bank and provide them with the necessary documents. These documents include identity proof documents and address proof documents.

Kisan Credit Card (KCC) Interest Rate
The interest rate for Kisan Credit Card Scheme has been left to the discretion of the bank. However, as per the KCC circular, the interest rate is 7% p.a. on short-term credit. There is Rs. 3 lakh upper limit on the principal amount.
How Banks determine the credit limit on a Kisan Credit Card (KCC)
The credit limit for farmers which is offered on a Kisan Credit Card for the initial year is based on the following parameters:-
  • The cultivation of crops according to the scale of finance and cropping pattern that was proposed.
  • Household / post-harvest consumption requirements.
  • Expenses related to the maintenance of crop insurance, farm assets, Asset insurance and Personal Accident Insurance Scheme (PAIS).
Moreover, the revolving cash credit facility is even available on KCC cards for an unlimited number of withdrawals and repayments made within the credit limit.
What security should be provided at the time of KCC application
While making application for KCC scheme, farmers are required to provide the following security:-

-- For card limits up to Rs.1 lakh - Hypothecation of crops as per prevailing RBI guidelines.
-- For card limits up to Rs.3 lakh - Hypothecation of crops, additional collateral security at the issuing bank's discretion.


Checking KCC Account Balance in Bihar


All the farmers can now check their balance in Kisan Credit Card Account. This is done by contacting the customer service center of the public sector bank that has provided you with the Kisan Credit Card (KCC). Moreover, farmers can even visit the bank's branch to check balance in their KCC account.


Types of Agricultural Loans for Farmers in Bihar 

In Bihar, almost every bank offers farmers loans to enable them to meet their financial needs. There are more than 15 agricultural loans in Bihar:-
  1. Farm storage facilities and warehousing loan
  2. Farm operating loans
  3. Farm ownership loans
  4. Fisheries finance program
  5. Crop loans
  6. Produce marketing loan
  7. Loan against warehouse receipts
  8. Kisan Shakti Yojana
  9. Land development scheme
  10. Minor irrigation scheme
  11. Farm mechanization scheme
  12. Financing of combine harvesters
  13. Land Purchase Scheme
  14. Dairy Plus Scheme
  15. Broiler Plus Scheme
  16. Horticulture finance
  17. Agri-Business Heads Scheme
In addition to this, Bihar govt. has started providing crop loans to farmers under Kisan Credit Card Scheme.  

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