Kisan Credit Cards

PIB Summary

Kisan Credit Card (KCC) is a credit scheme prevalent in India, which was introduced in August 1998 all over the country.


  • The prime motive of this credit scheme is to enable farmers in having quick and timely access to affordable credit.
  • The plan was launched by the NABARD and Reserve Bank of India.
  • The scheme aims to reduce farmers’ dependency on informal banks for credit, which is often lucrative yet very expensive.
  • The card is offered by cooperative banks, regional rural banks and public sector banks.

Features of Kisan Credit Card:

  • Insurance coverage for Kisan Credit Cardholders.
  • Credit to meet the financial requirements of farmers, primarily related to crop production and other contingencies.
  • Coverage for crop loans given under KCC scheme for some specific crops only.
  • Protection is provided against loss of crops due to pest attacks, natural calamities, etc
  • In some cases, collateral security is to be provided.
  • Extending the benefits of KCC with interest subvention to the farmers engaged in activities related to Animal Husbandry and Fisheries.

Benefits of KCC:

  • Financial inclusion
  • Increasing the agriculture credit
  • Food security for our country
  • Increasing the farmers income

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