SBI has a good loan scheme, which is SME Credit Card Loan Scheme perhaps, the least publicised scheme in the credit card sector of SBI SME. It gives upto 10 lakhs under CGTMS and no collateral at all. This product is good for the units unable to provide elaborate financial data sought by banks for assessing credit needs.
Farmer's Land Purchase Scheme is to assist Small & Marginal farmers, Tenants Cultivators, Share Croppers and landless agricultural labourers for purchase of land. The borrowers should have a record of prompt repayment of the loan for at least two years. Good borrowers of other Banks may also eligible provided they liquidate their outstanding to other banks.
Objective of Farmers Easy Empowered Loan (FEEL) or KRISHI KALYAN is to provide timely and adequate credit to farmers to meet production and consumption expenses. To reduce the multiple process of separate application, documentation & EM creation for availment of KCC and PML, thereby reduce the time for delivery of credit.
SBI provides different type of loan to farmers who has good track record with SBI for their last two years. A general-purpose loan for productive and consumption purposes of farmers, Self help group credit card and general purpose credit card loan.
Kisan Gold Card (KGC) is privileged credit card provides a general-purpose loan meant for meeting credit needs of farmers for productive and consumption purposes. Farmers having good track record of repayment in their ACC / ATL / KCC accounts for the last two years. New borrowers who maintain sizeable deposit with our branches for the last 2 years.
SBI Kisan Credit Card (SBI KCC) to provide timely and adequate credit to farmers to meet their production credit needs (cultivation expenses) besides, meeting contingency expenses. The Kisan Credit Card (KCC) Scheme was a model agriculture loan scheme prepared by NABARD in August 1998 and RBI advised to implement the same by all commercial banks in India in 1998. After series of request from farmers, NABARD and RBI revised the whole KCC Scheme to suit the farmers' current needs.