Retail Agri Loans

We have lots for you in store 

Retail Agri Loans

More benefits than ever before

Exclusive Benefits

  • Enjoy low interest rates and reduce loan processing fees.

  • Withdraw up to ₹15,000 daily and spend up to ₹25,000 at merchant outlets.

  • Get easy access to funds for all farm-related expenses.

  • Access your account anytime via NetBanking and PhoneBanking services.

  • Utilise funds for varied activities, from crop inputs to irrigation costs.

  • Benefit from free accident insurance coverage up to ₹2 lakh.

  • Leverage free transactions at more than 6,000 HDFC Bank ATMs in over 900 locations nationwide.

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Additional Benefits

Fees and Charges

Description of Charges Facility Type Loan amount Charges/ Fee Amount Frequency of charging
Supervision Charges KGC CC (Other than allied and other cases) <= ₹10 lakh ₹750 Half Yearly
    >₹10 lakh- ₹25 lakh ₹1,250  
    >₹25 lakh- ₹50 lakh ₹1,500  
    > ₹50 lakh ₹3,000  
  Allied Activities & Other <= ₹25 Lakh ₹2,000 Quarterly
    > ₹25 lakh to ₹50 lakh ₹2,500  
    > ₹50 lakh ₹3,000  
Processing Fee Regular KGC All 2.00% Loan Processing & at the time of enhancement
  KGC Saral All ₹2.500  
Foreclosure Charges* KGC TL All 4% of outstanding amount At the time of loan closure
  pre closure of KGC TL within 6 months is not allowed      
  KGC CC (> 1 year) All Nil NA
  KGC CC (< 1 year) All 4% At the time of loan closure
Late Payment Penalty KGC TL All 2% p.m. on overdue amount At the time of loan regularisation
  KGC CC All 1.33% p.m. on overdue amount At the time of loan regularisation
Stamp Duty & other statutory charges All All At actuals as per applicable laws of the State Loan Processing
Legal, valuation and vetting charges All All At actuals At the time of loan Processing
Cheque Bounce Charges* All All ₹550/- At the instant
Cheque Swapping Charges All All ₹500/- Per transaction
CIBIL Report Copy Charges All All ₹50/- Per request
Repayment Schedule Charges All All ₹200/- Per request
*Charges which are in nature of fees are EXCLUSIVE of service tax.
Service tax and other government levies, as applicable, would be charged additionally.
Average Rates offered to customer during the period of Oct'18 to Dec'18
Bank IRR
Min IRR Max IRR Avg IRR
9.25% 16% 11.34%
Average Annual Percentage Rate offered to customer during the period of Oct'18 to Dec'18
APR
Min APR Max APR Avg APR
9.25% 16.05% 11.34%
The above information is exclusive of accounts under government schemes.

Frequently Asked Questions

The credit limit on the Kisan Gold Card scheme differs for every cardholder. It is determined based on your individual farming needs and is renewed/enhanced annually. You can utilise the credit limit to pay for your agricultural expenses and even withdraw cash up to a different, prescribed, cash withdrawal limit.

The Kisan Gold Card allows daily cash withdrawals of up to ₹15,000, while you can  spend up to ₹25,000 per day at merchant outlets. This ensures that farmers have the financial flexibility to handle their daily expenses efficiently.

The Kisan Card offers the convenience of anytime, anywhere banking through various channels, including NetBanking and PhoneBanking. It simplifies the process of accessing funds and managing finances, ensuring farmers can focus more on their agricultural activities.

The loan amount for the Retail Agri Loans is determined based on the borrower’s farming requirements. The credit limit is assessed to ensure it meets the varied needs for agricultural activities and can be renewed annually.

Yes, the Kisan Gold Card comes with free Personal Accident Insurance cover up to ₹2 lakh, offering financial security and peace of mind for the cardholder.

The Kisan Gold Card offers easy credit with a renewable annual limit. The card is tailored to help you fulfil your specific farming-related expenses and needs. It provides an ATM-cum-Debit Card for cash withdrawals and purchases, and it comes with attractive interest rates and low processing charges. Additionally, it includes free Personal Accident Insurance and is accepted widely at Visa establishments and ATMs.

Yes, you may use the Kisan Gold Card  for a variety of agricultural activities such as purchasing crop inputs, post-harvest expenses, and investing in agricultural equipment. You may also utilise the card to manage your  personal expenses like domestic consumption and vehicle loans.

The following are the current interest rates levied by HDFC Bank on Retail Agri Loans:

     - Minimum IRR: 9.10%

     - Maximum IRR: 20.00%

     - Average IRR: 11.60%

Note that interest rates are subject to change from time to time. The bank levies the rate applicable at the time of procuring the loan.

The Processing Charges levied by the bank are as under:

     - Regular Kisan Gold Card: 2.0% of the loan amount.

     - KGC Saral: a flat charge of ₹2,500.

Funds from the Kisan Gold Card can be used for a wide range of agricultural and related activities, including purchasing crop inputs, post-harvest and domestic expenses, buying agricultural equipment, irrigation costs, constructing farm buildings, and investing in dairy, piggery, poultry, and beekeeping businesses. It also supports vehicle loans for two-wheelers and four-wheelers.

The Retail Agri Loan comes with a repayment tenure ranging from a minimum of 1 year to a maximum of 7 years.

The Kisan Gold Card is accepted at all Visa establishments, HDFC Bank ATMs, and other banks' ATMs across the country and globally. You can conduct transactions at over 6,000 HDFC Bank ATMs nationwide.

Know More About Retail Agri Loans

1. A farmer who owns agricultural land.

2. The farmer should be actively growing crops.

Read More

Click here to register for the Kisan Card.

*The Most Important Terms and Conditions for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.