Eligibility criteria for Kisan Gold Card

For the Kisan Gold Card, the applicant must be a farmer who owns agricultural land and is actively engaged in cultivating crops on that land. This ensures that the individual is directly involved in farming activities and is utilising the land for agricultural production. The ownership and active cultivation of agricultural land are key criteria, as they demonstrate the farmer's commitment to and reliance on farming as a primary source of income. 

For the Kisan Gold Card, you must be a farmer who owns and works on agricultural land. This means you need to be actively growing crops on your land. Owning the land and farming it yourself are the key eligibility criteria. These rules ensure that financial help goes to those who truly depend on farming for their income, promoting better farming practices and helping rural communities grow.

The maximum limit of the Kisan Credit Card is ₹3 lakh. This limit is set to provide adequate financial support to farmers for their agricultural needs, including the purchase of seeds, fertilisers, pesticides, and other essential materials. The Kisan Credit Card scheme aims to offer timely and hassle-free credit to farmers, enabling them to maintain and improve their agricultural productivity. With a credit limit of up to ₹3 lakh, farmers can manage their expenses more effectively and ensure the smooth functioning of their farming operations throughout the cultivation cycle.

To avail the HDFC Bank Kisan Credit Card, you must be an individual farmer or a joint borrower actively engaged in crop cultivation. The primary applicant's age must be up to 60 years. If above 60 years, a legal heir is mandatory as a co-applicant or guarantor.

HDFC Bank Kisan Credit Card offers Cash Credit or Overdraft for production, maintenance, and post-harvest needs. Additionally, Term Loans are available for investments like land development, purchase of farm equipment, and irrigation systems to enhance long-term agricultural productivity and infrastructure.

Under HDFC Bank Kisan Credit Card, the quantum of finance is based on your land under cultivation, the cropping pattern you follow, and the applicable scale of finance. The bank assesses these factors to decide a loan amount that aligns with your agricultural activity and financial requirements.

For HDFC Bank Kisan Credit Card, you need to provide primary security by hypothecating crops and financed assets. Additionally, collateral security may include mortgage of agricultural land, urban property, or liquid securities, depending on the credit facility and loan amount sanctioned to you.

The repayment tenure for the HDFC Bank Kisan Credit Card is five years. This duration applies to both working capital and term loan facilities, offering you flexibility in managing agricultural cycles and repayments based on seasonal income and cropping patterns.

With the HDFC Bank Kisan Credit Card, you receive free personal accidental insurance coverage up to ₹2 lakh. Additionally, crop insurance is available under the Pradhan Mantri Fasal Bima Yojana. You are also issued a RuPay Farmer Platinum Debit Card for convenient and secure transactions.

To apply for the HDFC Bank Kisan Credit Card, you must submit a filled application form, KYC documents of the borrower, co-borrower, or guarantor, land records, government-declared land rates, and your latest updated passbook or bank statement to establish your eligibility and repayment capacity.