1. Agriculture World

Ujjivan Small Finance Bank Introduces Kisan Pragati Card for Farmers; Know Features & Benefits

Abha Toppo
Abha Toppo

Ujjivan Small Finance Bank has launched Kisan Pragati Card (KPC) to help farmers meet their credit requirements. The Kisan Pragati Card has been introduced with a specific focus on small & marginal farmers to finance their needs such as crop production, pre and post-harvest requirements, working capital for maintenance of farm assets & plain consumption expenses. The facility will also give a coverage of Personal Accident Insurance Scheme (PAIS).

Benefits of Kisan Pragati Card

  • Kisan Pragati Card provides a credit limit of up to Rs 10 lakhs for five years with a yearly renewal option.

  • It also offers a term loan up to Rs 10 lakhs with a tenure ranging between 1 & 5 years.

  • There will be zero processing fees for loans up to Rs 3 lakhs

  • Under the loan options, Ujjivan Small Finance Bank provides Kisan Unnati Emergency Loyalty to meet different financial needs of the farmers.


The Chief Business Officer of Ujjivan Small Finance Bank, Sanjay Kao at the launch ceremony said that "Cyclical nature of agriculture, where still a majority of the population's income or livelihood is dependent, makes accessibility of credit very important. In spite of this, farmers, especially small & marginal ones are deprived of the institutional credit. In turn, they  are forced to go to local money lenders who charge very high interest rates. Ujjivan Small Finance Bank through its KPC offers Kisan credit card & term loans at very attractive interest rates to the farmers enabling them to meet the credit requirements for crop cultivation & allied activities."

Ujjivan Small Finance Bank understands the ins and outs of the Indian agri-business sector and through this innovative credit delivery system, it will cater to the credit requirements of farmers. Kisan Pragati Card is offered at a competitive turnaround time & the bank will dedicate frontline employees to facilitate doorstep delivery of KPC bringing simplified documentation & comfortable repayment with no hidden charges.

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