The Kisan Credit Card (KCC) Scheme was established to assist farmers with appropriate and timely finance for their agricultural activities. In the Union Budget 2025, Finance Minister Nirmala Sitharaman increased the Kisan Credit Card limit from ₹3 lakh to ₹5 lakh to improve credit access for farmers, provide financial assistance for agricultural requirements, and stimulate rural development. She also stated that the government will increase credit guarantee coverage for MSMEs in order to boost their access to financing. With the help of newly updated Kisan Credit Card (KCC) 2025 farmers will benefit a lot from this. Keep reading this article for more information.
Kisan Credit Card (KCC) Scheme New Update
Finance Minister Nirmala Sitharaman said that the Kisan Credit Card scheme new update will be, increasing the loan the roof from ₹3 lakh to ₹5 lakh. This was stated during the introduction of the seventh successive Union Budget for 2025. The move aims to help the 7.7 crore farmers, fishermen, and dairy producers who benefit from the scheme. The government’s recent increase in the loan ceiling to ₹5 lakh indicates its commitment to meeting the changing financial needs of farmers. This modification is projected to allow farmers to invest in innovative agricultural equipment, excellent seeds, fertilisers, and effective irrigation systems, increasing crop yields and revenue.
Also Read: PM Dhan Dhanya Krishi Yojana
Objective of Kisan Credit Card
The primary objective of Kisan Credit Card is to provide farmers with the credit facility so they can use it for their agricultural practices. The Kisan finance Card (KCC) Scheme was established to assist farmers with appropriate and timely finance for their agricultural activities. Raising the loan ceiling for farmers under the KCC Scheme is a welcome step that will improve their access to official credit while reducing their reliance on high-interest informal borrowing. The Kisan financial Card initiative intends to provide enough and timely financial support from the banking system under a single window, with flexible and simplified procedures to farmers for agriculture and other requirements.
Key Highlights of Kisan Credit Card (KCC) Scheme
| Name of the Scheme | Kisan Credit Card Scheme |
| Launched By | Central government of India |
| Objective | To provide credit facilities to the farmers |
| Target Beneficiaries | Small and Marginal farmers |
| Benefits | Kisan Credit Card limit from ₹3 lakh to ₹5 lakh |
| Application Process | Online/offline |
| Official Website | https://fasalrin.gov.in/ |
Eligibility Criteria
- Farmers are individual or joint borrowers who are owner-cultivators.
- Tenant farmers, oral lessees, and sharecroppers.
- Self-Help Groups (SHGs) or Joint Liability Groups (JLGs) comprising farmers, including tenant farmers and sharecroppers,
Benefits of Kisan Credit Card (KCC) Scheme
- Credit for cultivation: Farmers may use the card to buy seeds, fertilizer, insecticides, and other agricultural supplies.
- Post-harvest expenditures: Farmers can use the card to cover expenses following the harvest.
- Working capital: Farmers can use the card to fund agricultural assets and operations such as dairy, poultry, and fisheries.
- Farmers can use their investment credit card to buy farm equipment such as pump sets, sprinklers, and tractors.
- Farmers can use the card to satisfy their household’s usage needs.
- Farmers can use the card to obtain loans for marketing their crops.
Also Read: PM Kisan Installment Date
Type of Kisan Credit Card
- A magnetic stripe card with a PIN (Personal Identification Number) and an ISO IIN (International Standards Organization International Identification Number) allows access to all bank ATMs and micro-ATMs.
- In circumstances where banks desire to use the UIDAI’s centralized biometric authentication infrastructure (Aadhaar authentication), debit cards with magnetic stripe and PIN with ISO IIN can be given.
- Debit cards with magnetic stripes and solely biometric identification are also available, depending on the bank’s client base.
- Until UIDAI becomes widely used, banks may proceed with their present centralized biometric infrastructure without interoperability.
- Banks may opt to offer EMV (Europay, MasterCard, and VISA, a worldwide standard for the Interoperability of integrated circuit cards) and RUPAY compatible chip cards with magnetic stripe and ISO IIN.
- Furthermore, IDRBT and IBA have established shared open standards for biometric authentication and smart cards.
Required Documents
- Application Form.
- Two passport-sized photographs.ID proof, such as a driver’s license, an Aadhar card, a voter identity card, or a passport.
- Address proof, such as a driver’s license or an Aadhar card.
- Proof of landholding, duly certified by the revenue authorities.
- Cropping pattern (crops grown) with acreage.
- Security documents for loan limits exceeding Rs.1.60 lakhs / Rs.3.00 lakhs, as applicable.
- Any other documents as approved.
Salient Features
The Kisan financing Card plan intends to provide farmers with prompt and flexible financing help from the banking system through a single window.
a) Short-term credit for crop cultivation;
b) Post-harvest expenses; c) Produce marketing loan;
d) Farmer household consumption;
e) Working capital for farm asset maintenance and related activities;
f) Investment credit for agriculture and allied activities.
Online Process Of Kisan Credit Card (KCC) Scheme
- Visit the bank’s website to apply for the Kisan credit card scheme.
- Select the Kisan Credit Card from the list of available alternatives.
- When you click the ‘Apply’ button, the website will send you to the application page.
- Fill out the form with the relevant information and click ‘Submit’.
- Following this, an application reference number will be issued.
- If you are eligible, the bank will contact you for the next steps within 3-4 working days.
Offline Process
- Offline applications can be submitted by visiting your preferred bank’s branch or by downloading the application form from the bank’s website.
- The applicant can visit the branch and start the application procedure with the assistance of a bank professional.
Helpline Number
- Credit Division, Department of Agriculture & Farmers Welfare, (MoA & FW), Krishi Bhawan, Dr Rajendra Prasad Road, New Delhi – 110001
FAQS
What is Kisan credit Card scheme?
The Kisan finance Card (KCC) Scheme was established to assist farmers with appropriate and timely finance for their agricultural activities.
what are the benefits of this scheme?
Finance Minister Nirmala Sitharaman said that the Kisan Credit Card scheme new update will be, increasing the loan the roof from ₹3 lakh to ₹5 lakh.
Who can receive the benefits of this scheme?
Farmers are individual or joint borrowers who are owner-cultivators.