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Hello sir, is there any one can tell me what eligibility is needed for kishan credit card from Union bank of India?

[prince karak]

The Union Bank of India customers can avail the Kisan Credit Card with features like post-harvest expenses, short term credit for crop cultivation, consumption requirements for every farmer’s household, produce marketing loans, working capital for farm assets and other allied activities maintenance, investment credit for allied agricultural activities like fitting sprayers, pump sets, etc.

Agriculturists and farmers can benefit immensely from the Kisan credit card offered by Union Bank of India.

The Kisan Credit card can be used for maintaining dairy animals, inland fishery and other conducting agriculture related activities.

Eligibility:
All Farmers – Individuals / Joint borrowers who are owner cultivators
Tenant Farmers, Oral Lessees & Share Croppers
SHGs /JLGs of Farmers including tenant farmers, share croppers etc.

Get Kisan credit card from Union Bank of India:



The rate of interest given for a Union Bank of India Kisan credit card will be linked to the base rate of the bank.

The interest rate can also vary based on any subsidy given by the Central Government for any component of the term loan.

Union Bank Of India marginal cost of funds based lending rate (mclr) with effect from 1st january 2018 to 31st January 2018

TENOR MCLR (%)
Overnight MCLR 7.70%
One month MCLR 7.90%
Three month MCLR 7.95%
Six month MCLR 8.05%
One year MCLR 8.20%
Two year MCLR 8.25%
Three year MCLR 8.30%

Base Rate w.e.f. 30/09/2017 8.95 % .

Bench Prime Lending Rate [BPLR] w.e.f. 10/02/2017 13.80%