Saturday, February 21, 2015

General Credit Card - GCC

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While Kisan Credit Card (KCC) is aimed to provide credit facility for agricultural / farm activities, General Credit Card (GCC) is aimed to cater to the non-farm entrepreneurial credit needs of individuals.

Note that GCC is not intended for the consumption needs of individuals (normal Credit Cards), but this scheme is made for the entrepreneurial credit needs of individuals under the priority sector.

People who are qualified for Priority Sector Lending (PSL) can avail this facility. This GCC scheme is brought under RBI's Financial Inclusion Plan (FIP).

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