2. Kisan Tatkal Scheme      

Loan Amount : Minimum limit: Rs. 1000/- and Maximum limit: Rs. 50000/-

Loan Term : 3-5 years in half yearly/ yearly installments.

Interest Type : Floating

a) Interest Chargeable (in case of Floating Rate Loans) - 1.85% above the BR ie. 11.50% p.a.
b) Interest Chargeable(in case of Fixed Rate Loans) - Not Applicable

Fee Payable during the term of the loan

Upfront Fee

i) Up to Rs. 50000/-   -  Nil

Inspection Charges

i) Upto Rs.25000/-  Nil
ii) > Rs. 25,000/- & upto Rs. 50000/-  Rs.500/- p.a

Penalty for delayed payments: @ 2% on the entire outstanding for the period of default.

EMI payable: Payable in 3-5 years in half yearly/ yearly installments.

Details of Security/ Collateral Obtained

a) Upto Rs. 1 lacs-Nil
b) Existing security(ies) obtained for KCC/ ATL to be continued.

For further details click here

Source: https://www.sbp.co.in