KISAN CREDIT CARD SCHEME

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 (Long term component)

All Farmers – Individuals / Joint borrowers who are owner cultivators
Tenant Farmers, Oral Lessees
Share Croppers SHGs or Joint Liability Groups of Farmers including tenant farmers, share croppers etc

Margin

Limit type	Margin %
Working Capital(for Crop production)	As per Scale of finance decided by the District Level Technical Committee. No separate margin is insisted as it is already factored while fixing the scale of finance for each crop.
Term Loan (other than Crop production)	Upto₹. 1.60 Lakhs – Nil Above₹.1.60 Lakhs – 15% to 25% of the loan amount

Security

In states where there is no online charge creation facility:
Hypothecation of Crop for the loan up to₹ 1.60 lakhs and above 1.60 lakhs mortgage of Agriculture land.
In states where there is online charge creation facility:
Hypothecation of Crop for the loan up to₹ 2.50 lakhs and above 2.50 lakhs mortgage of Agriculture land.

Repayment Period

WC:
The operative short term WC limit will be valid for 5 years subject to annual review
Term Loan:
Repayable in Yearly/Half yearly installments. Max. term of 5 years.