If you have opened a Kisan Credit Card account in State Bank of India, then you can review it from your home through the bank’s YONO application. You do not need to go to the bank for this.
State Bank of India has done a special service for those farmers who have opened Kisan Credit Card account through SBI. Now these farmers will get some facilities sitting at home, due to which they will not have to go to the bank. Also, they will be able to take their account information sitting at home. In such a situation, know what this service of SBI Bank is and how it can be taken advantage of.
Actually, the bank has now started letting the farmers review their Kisan Credit Card sitting at home. After this, customers can review their account sitting at home and for this farmers will have to take the help of SBI YONO application.
SBI has announced this. SBI farmer customers can now apply for KCC review without visiting the bank branch.
What to do? – First of all you have to download the YONO app on your mobile and log in using the required credentials. Next, go to the ‘YONO Agriculture’ section and tap on ‘Account’. Now tap on ‘KCC Review’ and then on ‘Apply’.
What is special in SBI KCC- Interest is given on the credit balance in the CC account at the rate of savings bank. Apart from this, free ATM-Debit Card (State Bank Kisan Card) is given to all KCC borrowers. Also, interest subvention is available at the rate of 2 per cent per annum for loan amount up to Rs 3 lakh. Additional interest rebate is available at the rate of 3 percent per annum on timely repayment.