How to take KCC ( Kisan Credit Card) in BIHAR .

For taking KCC you can apply to your nearest Bank . for villages you can apply to nearest Madhya Bihar Gramin Bank.

1. The KCC limit is 10,00,000 .
2. The KCC interest rate is 7% . but KCC holder have to pay only 4% . remain 3% paid by government
     (2% by central government and 1% by state government)
3. The interest rate is defined as CCKC1 - for up to 50,000
                                                 CCKC4- for  50,000 to 2,00,000
                                                 CCKC5- for  2,00,000 to 10,00,000
4. if loan are not payable at time or other circumstances then interest rate can be up to 13.75%.
5. Every KCC account having facility to CROP insurance. it will done by Bank.
6. The premium for 1 hectare is 562.50. and it cover insurance of 22,500.
7. Every KCC account holder having personal accident insurance scheme of 50,000. in which loanee have to pay 28.50 and bank will have to pay 43.50 for three years.
8. CROP  insurance is done for WEATHER BASED CROP INSURANCE.
9. For taking KCC you Have to current year land revenue receipt and LAND POSSESSION CERTIFICATE.