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Revised Kisan Credit Card (KCC) Scheme


 Notice Date : 11 May 2012

   RBI/2011-12/553

RPCD.FSD.BC.No. 77/05.05.09/2011-12

 

May 11, 2012

 

The Chairman and Managing Director/CEOs,

All Scheduled Commercial Banks,

(Excluding RRBs)

 

Madam / Dear Sir,

 

Revised Kisan Credit Card (KCC) Scheme

 

Please refer to our circular RPCD.PLFS.BC.No.38/05.05.09/2004-05 dated October 4, 2004 advising you to implement the Revised Model KCC Scheme.

 

2. With a view to simplify and attune the Scheme to suit to current requirements and to facilitate issue of Electronic Kisan Credit Cards, a Working Group under the Chairmanship of Shri T.M.Bhasin, Chairman and Managing Director, Indian Bank was constituted. The Working Group has since submitted its recommendations based on which a revised Kisan Credit Card (KCC) Scheme has been devised.

 

3. The revised Kisan Credit Card Scheme together with illustrations on assessment of KCC limits are enclosed in Annex.

 

4. All banks are advised to implement the revised Kisan Credit Card (KCC) Scheme.

 

Yours faithfully,

 

(C.D.Srinivasan)

Chief General Manager,

 

Encl: as above

 

Guest
on 14 May 2012
Notification No : RBI/2011-12/553
Published in Others
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