Bandhan Bank Credit Card: Complete Guide to Features & Benefits

Key Insight

1. If your crops fail due to rain and you need funds for your child's wedding, this card offers a stress-free solution to your problems.

2. The application process is straightforward, with minimal paperwork, and Bandhan Bank recognises your farming cycle for repayment.
    
3. This Kisan credit card is more attractive with government discounts on interest schemes.

The Bandhan Bank Kisan Credit Card (KCC) is a specialised financial product designed for Bharatiya Kisan to build a bright future. 

How Bandhan Bank Kisan Credit Card helps Devam:

Devam, a farmer, lost his crops due to heavy rainfall. He needed ₹50,000 to recover his losses, and at that time, the Bandhan Bank Kisan Credit Card became his optimistic solution.

The following table outlines the key elements of the Kisan Credit Card that benefit farmers like Devam:
 

The table demonstrates how the Kisan Credit Card acts as an insightful financial tool.

This blog aims to help you understand the Bandhan Bank Kisan Credit Card, and we will now discuss its key features.

Features and Benefits of Bandhan Bank Kisan Credit Card

The Bandhan Bank Kisan Credit Card offers features that empower farmers with financial flexibility and security. It provides funding at any time for agriculture, allied activities, and even personal needs, ensuring complete support.

How Bandhan Bank Kisan Credit Card features help Aman:

Aman, a 53-year-old farmer, needed ₹1,00,000 for his daughter Pooja's wedding. When Pooja asked, "Father, what can we do now?", Aman comforted her. He explained how his Bandhan Bank Kisan Credit Card could help him.

Detailing its benefits as shown in the table below, which perfectly addressed their urgent financial requirement without disrupting their farming investments.

The following table shows how the card's features provided the ideal solution for Aman and his family:
 

The table shows that the Bandhan Bank Kisan Credit Card is not just a credit card; it is a versatile financial lifeline that supports farmers in farming and personal life, with government-backed benefits.

If you apply for the Bandhan Bank Kisan Credit Card, you will enjoy these excellent features. Now, we will discuss the Fees and charges of the Kisan Credit Card.

Fees and Charges of the Bandhan Bank Kisan Credit Card

Understanding the fees and charges of the Bandhan Bank Kisan Credit Card is crucial for farmers. It is designed to be a low-cost financing, with transparent and competitive pricing for Bharatiya Kisan.

Mohit confessed to his friend:

Sohit, saying, "Sohit, this year 'Ganna' sales are a little slow, and I need money for my daughter's school fees."

Sohit replied, "Ohh, but don't worry, the Bandhan Bank Kisan Credit Card will help you."

Mohit asked, "Is the Kisan Credit Card not very costly?"

Sohit reassured him, "Not at all, I will tell you the Fees and Charges."

Sohit explained the costs using the following table, which clearly shows the affordability of the card:
 

(The rates are indicative and may change according to the Bank's policies.)

The table shows that the Kisan Credit Card is a structured and low-cost financial product. 

For Mohit, there was no hidden cost of the Bandhan Bank Kisan Credit Card; the competitive interest rate meant he could pay for his daughter's education without worrying about the extra expense.

Now that you know the charges are minimal, we will examine the eligibility criteria for the Kisan Credit Card.

Eligibility Criteria of Bandhan Bank Kisan Credit Card

The eligibility criteria for the Bandhan Bank Kisan Credit Card are specifically designed for farmers and have a positive impact on the lives of Bharatiya Kisan.

Ramesh, a 40-year-old farmer, wants to apply for the Bandhan Bank Kisan Credit Card. He checks the eligibility requirements and is pleased to find he easily qualifies.

He checks the eligibility criteria, then he applies.

• Age: The applicant must be at least 18 years old and should not exceed 75 years at the time of the loan's maturity. This wide range covers young adults just starting to experienced senior farmers.
   
• Occupation: The individual must be an active farmer or involved in allied agricultural activities.

These pointers show that the eligibility criteria are simple and clear for the farmer. The primary focus of the Bandhan Bank Kisan Credit Card is the Bharatiya Kisan.

Now, the next logical step is to understand what documents are required for the Kisan Credit Card application.

Bonus Tip: The repayment is designed to be farmer-friendly. The tenure is flexible, usually ranging from 12 months to 60 months, and is aligned with your crop cycle and harvest season to ensure comfortable repayments.

Documents for Bandhan Bank Kisan Credit Card

The Bandhan Bank Kisan Credit Card requires a simple set of papers to verify your identity and farming operations, which is not complex for anyone.

The documentation process is clear. You need to follow the following items to support your application:
 

• Recent Photographs: Provide passport-sized photos for identification purposes.
   
• Duly Filled Application Form: A complete and signed application form with all your details.
   
• Proof of Land Holdings: Documents such as land records (e.g., 7/12 extract, Khatauni, ROR) to validate your cultivation rights.
   
• Latest Bank Statements: Statements from your existing bank account to assess your financial history.

This list of pointers shows that most farmers typically have the required documents, which makes the application process simple and smooth.

Now, you know the documentation, and the next step is understanding how to apply for the Kisan Credit Card.

How to Apply for the Bandhan Bank Kisan Credit Card Online?

The online process for the Bandhan Bank Kisan Credit Card is easy for farmers who want to apply digitally. You can start your application from any location, saving time and effort.

• Visit the Bandhan Bank website to apply for the Kisan Credit Card Scheme.
   
• From the list of options, choose the Kisan Credit Card. (Here is the direct link)
   
• Upon clicking the ‘Apply’ option, the website will redirect you to the application page.  
   
• Fill the form with the required details and click on ‘Submit’.
   
• On doing so, an application reference number will be sent.

If you are eligible, the bank will contact you to proceed with the following steps within 3-4 working days.

(Disclaimer: Process Time depends on your location.)

Bonus Tip: The Bandhan Bank Kisan Credit Card is presently available in multiple central agricultural states, including West Bengal, Uttar Pradesh, Madhya Pradesh, Rajasthan, Punjab, Haryana, Chhattisgarh, Odisha, Andhra Pradesh, and Telangana.

Bandhan Bank Kisan Credit Card vs Other Banks’ KCC

Here is a comparison of Bandhan Bank’s Kisan Credit Card (KCC) offering with those of other major banks.
 

Bandhan Bank provides a competitive starting interest rate for farmers.

Conclusion

As a farmer, sometimes financial independence is impossible, but the Bandhan Bank Kisan Credit Card is made to be a trustworthy companion on your path. It provides affordable, flexible, and reasonably priced support that is customised to your needs. 

You can easily recover from crop losses without any tension in your personal life. It prioritises your needs with simple eligibility, little paperwork, and a digital application process. 

We hope that this blog has helped you understand how this card can empower you to live a tension-free and successful life for your family, not just as a farmer. 

FAQS

Can I use my Bandhan Bank KCC ATM card at any bank's ATM? Are there charges?

Yes, you can use it at any VISA-enabled ATM. However, transactions exceeding the free monthly limit may incur cash withdrawal charges, as per the bank's policy.

Is there an interest subsidy provided on the Bandhan Bank KCC?

Yes, interest subvention benefits, as announced by the Government of India (like for prompt repayers), are available on Bandhan Bank KCCs, subject to scheme guidelines.

What is the process for renewing or getting a limit enhancement on my Kisan Credit Card?

The KCC is typically sanctioned for 5 years and must be renewed thereafter. For renewal or limit enhancement, you must contact your home branch. The bank will review your account history, repayment record, and current landholding/requirements to process your request.

Can I get a Kisan Credit Card if I am a tenant farmer or do not have land in my name?

Yes, Bandhan Bank provides Kisan Credit Cards to tenant farmers, oral lessees, and sharecroppers. You will need to provide proof of cultivation, such as tenant agreements or land possession certificates, along with the necessary application documents.

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.