Launched in:1998
The Kisan Credit Card (KCC) scheme was introduced in 1998 for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks so that farmers may use them to readily purchase agriculture inputs such as seeds, fertilizers, pesticides etc. and draw cash for their production needs.
The Kisan Credit Card Scheme is to be implemented by Commercial Banks, RRBs, Small Finance Banks and Cooperatives.
The Kisan Credit Card scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedure to the farmers for their cultivation and other needs as indicated below:
- To meet the short term credit requirements for cultivation of crops
- Post-harvest expenses
- Produce marketing loan
- Consumption requirements of farmer household;
- Working capital for maintenance of farm assets and activities allied to agriculture
- Investment credit requirement for agriculture and allied activities.
For more details : REFERENCE WEBSITE