KISAN_CREDIT_CARD_SCHEME.jpg

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;

  • 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
Security
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.
Quantum of Loan

The short term operative limit for the first year (for cultivating single crop in a year Sub limit I)

If there is an increase in SOF but below 10%, then branches to enhance the limit up to the extent of % increase in SOF, if stipulation for 10% enhancement in subsequent year permitted in original sanction.

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Last updated on 30-04-2025 01:09 PM

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