Kisan Credit Card

Kisan Credit Card (KCC) is a loan scheme launched by the Government of India to provide timely financial assistance to farmers for their agricultural and allied activities. It aims to simplify the process of obtaining loans and make it more accessible to the farming community.

Key Features of Kisan Credit Card:

• Single Window Credit: Farmers can obtain loans for various agricultural needs under one roof.
• Flexible and Simplified Processes: The application process is relatively easy and hassle-free.
• Interest Subsidy: The government provides interest rebates to farmers, making loans more affordable.
• Coverage: It covers short-term loans for crop cultivation, post-harvest expenses, marketing, consumption needs, working capital and investment loans for allied activities.

Benefits of Kisan Credit Card:

• Timely Credit: Farmers can get funds when needed without any delay.
• Low interest rates: Due to government subsidy, the interest rates are comparatively low.
• Multiple use: The card can be used for various agricultural expenses.