Kisan Credit Card (KCC) scheme was introduced in 1998-99 to facilitate farmer’s access to credit from Commercial Banks and Regional Rural Banks Farmers are being provided with credit cards and passbooks.
With these credit cards, the farmers can avail the loan facilities made available by the banks upto the prescribed limits. The limits are fixed on the basis of operational land holding of the farmers, cropping pattern, scale of operations, etc.
The card is valid for three years, but is renewed on the basis of good performance and timely repayment of loans. The scheme is implemented by some selected Commercial Banks. Central and State Cooperative Banks and Regional Rural Banks.