STP FRESH KCC
Salient Features Of STP FRESH KCC
| Sl no | Parameter | Scheme covenants |
|---|---|---|
| 1 | Purpose | • To meet the short term credit requirements for cultivation of crops. • Post-harvest expenses. • Produce marketing loan. • Consumption requirement of farmer household. • Working Capital for maintenance of farm assets and activities allied to agriculture like dairy animals, inland fishery etc. |
| 2 | Who are eligible? | Only individual borrowers who are owner cultivators. |
| 3 | Repayment period | The Kisan credit card should be normally valid or 5 years subject to annual review. |
| 4 | Processing and documentation charges | • Processing & Documentation charges-Nil • Cibil Charges-Rs.177/- (Including GST) |
| 5 | Rate of interest | 7 % Fixed Rate of Interest |
| 6 | Interest Subvention | 1.5% up to Limit of Rs. 2 lacs |
| 7 | Prompt Repayment Incentive (PRI) | 3% up to Limit of Rs. 2 lacs. |
| 8 | Other Salient Features | Cool off period of 3 days from date of sanction/ disbursement |
| 9 | How to access this digital journey | This end to end digital journey may be accessed through desktop or mobile phone, using the link available in UCO Bank Website. |
अंतिम अद्यतन तिथि : 25/07/2025