Main Note - [Cards](Cards.md) 1. This scheme is for general purpose credit - entrepreneurial and consumption credit 2. August 5, 1998 - The Kisan Credit Card (KCC) scheme was introduced 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. 3. The scheme was further extended for the investment credit requirement of farmers viz. allied and non-farm activities in the year 2004. 4. The scheme provides broad guidelines to banks for operationalizing the KCC scheme. Implementing banks will have the discretion to adopt the same to suit institution/location specific requirements 5. Mar 3, 2001 - RBI advised banks to provide insurance package to all KCC holders. 6. [July 2, 2001](RBI_Notification_20010702_Kisan%20Credit%20Card%20Scheme-%20Master%20Policy%20on%20Personal%20Accident%20Insurance%20Scheme%20for%20KCC%20holders.pdf) - RBI issued the Master Policy for Personal Accident Insurance Scheme for KCC holders 7. [February 28, 2002](RBI_Notification_20020228_Kisan%20Credit%20Cards.pdf) -  RBI asked banks to achieve the annual target for issuance of KCC cards of 33 lakh KCCs to be issued by commercial banks during the year 200-01, which was fixed by the Govt. of India. 8. [Box VIII.6-Kisan Credit Card (KCC) Scheme - National Impact Assessment Survey (NIAS)](RBI_Annual%20Report_2004.pdf#page=141&selection=37,0,39,73) in RBI's Annual Report 2004 9. [October 4, 2004](https://rbi.org.in/scripts/NotificationUser.aspx?Id=1962&Mode=0) - RBI asked banks to implement the Revised Model KCC Scheme, where a new 'Scheme to cover term loans for agriculture and allied activities under Kisan Credit Card Scheme' was announced. 10. [May 11, 2012](RBI_Notification_20120511_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) - RBI announced [revised KCC scheme](RBI_Notification_20120511_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) based on the suggestions of the Working Group, constituted by the Govt. of India, under the Chairmanship of Shri T. M. Bhasin, Chairman and Managing Director, Indian Bank, to simplify the scheme and facilitate issue of Electronic Kisan Credit Cards. 11. [Aug 7, 2012](RBI_Notification_20120807_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) - RBI announced revised KCC scheme. 12. [October 13, 2016](RBI_Notification_20161013_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) - RBI announced revised KCC scheme 13. [Feb 1, 2018](https://www.indiabudget.gov.in/budget2018-2019/budget.asp) - In the Budget 2018-19 the Union Government had announced their decision to extend the facilities of Kisan Credit Card (KCC) to Animal Husbandry farmers and Fisheries (AH & F) to help them meet their working capital requirements. 14. [July 4, 2018](RBI_Notification_20180704_Master%20Circular%20-%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) - RBI issued Master Circular - Kisan Credit Card (KCC) Scheme issued consolidating all the circulars issued till date. 15. [Feb 4, 2019](RBI_Notification_20190204_Kisan%20Credit%20Card%20(KCC)%20Scheme-%20Working%20Capital%20for%20Animal%20Husbandry%20and%20Fisheries.pdf) - RBI announced the KCC facility will meet the short term credit requirements of rearing of animals, birds, fish, shrimp, other aquatic organisms, capture of fish. 16. [March 7, 2019](RBI_Notification_20190307_Interest%20Subvention%20Scheme%20for%20Short%20Term%20Crop%20Loans%20during%20the%20years%202018-19%20and%202019-20.pdf) - RBI announced the Govt.'s approval for Interest Subvention Scheme (2%) and Prompt Repayment Incentive (3%) for Short Term Crop Loans during the years 2018-19 and 2019-20. 1. The scheme has been running since 2006-07. Under this, the farmers can avail short-term crop loans at 7% rate of interest (after 2% interest subvention), and an additional 3% as PRI, with a limit of Rs 3 lakh per farmer. 2. *By April-2020, short-term crop loans will become part of KCC. Hence this scheme is mentioned in KCC.* 17. [May 27, 2019] - In a letter to all Commercial Banks, RBI informed about the Government’s approval to extend the benefits of Interest Subvention at 2% and Prompt Repayment Incentive (PRI) at 3% to fisheries and animal husbandry farmers to meet their working capital needs under the KCC scheme. The limit was 3 lakh per farmer for Agriculture (short-term crop loan) and 2 lakh per farmer for Animal Husbandry, Dairy and Fisheries (AHDF). 18. [Aug 26, 2019](RBI_Notification_20190826_Interest%20Subvention%20Scheme%20for%20Kisan%20Credit%20Card%20(KCC)%20to%20Fisheries%20and%20Animal%20Husbandry%20farmers%20during%20the%20years%202018-19%20and%202019-20.pdf) - RBI published the the operational guidelines issued by the Government of India for the Interest Subvention Scheme for Kisan Credit Card (KCC) to Fisheries and Animal Husbandry farmers for the years 2018-19 and 2019-20 19. [Feb 26, 2020](RBI_Notification_20200226_Short%20Term%20Crop%20Loans%20eligible%20for%20Interest%20Subvention%20Scheme%20(ISS)%20and%20Prompt%20Repayment%20Incentive%20(PRI)%20through%20KCC.pdf) - All Short Term Crop Loans eligible for Interest Subvention (IS) and Prompt Repayment Incentive (PRI) benefit were to be extended only through KCC w.e.f. April 1, 2020, and all the existing Short Term Crop Loans which are not extended through KCC shall be converted to KCC loans by March 31, 2020. 20. [March 27, 2020](RBI_Notification_20200327_COVID-19%20–%20Regulatory%20Package.pdf) - RBI asked all lending institutions to grant moratorium for three months on payment of installments falling due between March 1, 2020 and May 31, 2020. 21. [Mar 31, 2020](RBI_Notification_20200331_Short%20Term%20Crop%20Loans%20eligible%20for%20Interest%20Subvention%20Scheme%20(ISS)%20and%20Prompt%20Repayment%20Incentive%20(PRI)%20through%20KCC.pdf) - The deadline to convert the existing short-term crop loans including agriculture gold loans into KCC loans was extended to June 30, 2020, with commensurate extension of Interest Subvention (IS) and Prompt Repayment Incentive (PRI) benefit against such accounts till June 30, 2020. 22. [April 21, 2020](RBI_Notification_20200421_Interest%20Subvention%20(IS)%20and%20Prompt%20Repayment%20Incentive%20(PRI)%20for%20Short%20Term%20Crop%20Loans%20during%20the%20years%202018-19%20and%202019-20-%20Extended%20Period%20on%20account%20of%20Covid-19.pdf) - As per [RBI circular dated March 27, 2020](https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11835&Mode=0) regarding Covid 19-Regulatory Package, moratorium was granted for three months on payment of installments falling due between March 1, 2020 and May 31, 2020 in respect of all term loans including short term crop loans. Accordingly, RBI announced the government has decided to continue the availability of 2% IS and 3% PRI to farmers for the extended period of repayment upto 31.05.2020 or date of repayment, whichever is earlier, for short term crop loans upto ₹3 lakh per farmer which have become due between March 01, 2020 and May 31, 2020. 23. May 23, 2020 - The extend moratorium (for all lending institutions) was extended by another three months, i.e., upto August 31, 2020. 24. [June 4, 2020](RBI_Notification_20200604_Interest%20Subvention%20(IS)%20and%20Prompt%20Repayment%20Incentive%20(PRI)%20for%20Short%20Term%20Loans%20for%20Agriculture%20including%20Animal%20Husbandry,%20Dairy%20and%20Fisheries%20for%20extended%20period%20on%20account%20of%20Covid-19.pdf) - RBI clarified that Government has decided to continue the availability of 2% IS and 3% PRI to farmers for the extended period of repayment upto August 31, 2020 or date of repayment, whichever is earlier. 25. October 16, 2020 - RBI informed banks through the letter that Govt has decided to extend the IS and PRI (modified) schemes (for agriculture and allied activities) for 2020-21 on interim basis. 26. [==January 17, 2022](PIB_Factsheet_20220117_Kisan%20Credit%20Card%20(KCC).pdf) - Factsheet on Kisan Credit Card (KCC)== 27. [April 28, 2022](RBI_Notification_20220428_Modified%20Interest%20Subvention%20Scheme%20for%20Short%20Term%20Loans%20for%20Agriculture%20and%20Allied%20Activities%20availed%20through%20Kisan%20Credit%20Card%20(KCC)%20during%20the%20financial%20year%202021-22.pdf) - Modified Interest Subvention Scheme would continue with modification for the financial years 2021-22 on interimRRB basis. 28. [May 18, 2022](RBI_Notification_20220518_Kisan%20Credit%20Card%20Scheme%20-%20Eligibility%20criteria%20for%20farmers%20engaged%20in%20fisheries:%20aquaculture.pdf) - RBI revised the eligibility criteria for farmers engaged in fisheries/aquaculture for the KCC scheme 29. [Sept 2, 2022](RBI_Press%20Release_20220902_Digitalisation%20of%20Rural%20Finance%20in%20India%20–%20Pilot%20for%20Kisan%20Credit%20Card%20(KCC)%20Lending%20developed%20by%20the%20Reserve%20Bank%20Innovation%20Hub.pdf)-  As a part of Digitalisation of Rural Finance in India, RBI announced a pilot project for end-to-end digitalisation of Kisan Credit Card (KCC) lending, developed by the Reserve Bank Innovation Hub (RBIH) in association with the RBI is being taken up. 30. [November 23, 2022](RBI_Notification_20221123_Modified%20Interest%20Subvention%20Scheme%20for%20Short%20Term%20Loans%20for%20Agriculture%20and%20Allied%20Activities%20availed%20through%20Kisan%20Credit%20Card%20(KCC)%20during%20the%20financial%20years%202022-23%20and%202023-24.pdf) - Modified Interest Subvention Scheme would continue with modification for the financial years 2022-23 and 2023-24 would continue for 2025-26. 31. [Aug 06, 2024](RBI_Notification_20240806_Modified%20Interest%20Subvention%20Scheme%20for%20Short%20Term%20Loans%20for%20Agriculture%20and%20Allied%20Activities%20availed%20through%20Kisan%20Credit%20Card%20(KCC)%20during%20the%20financial%20year%202024-25.pdf) - Modified Interest Subvention Scheme for short term loans for agriculture and allied activities for the year 2024-25 would continue for 2025-26. 32. [January 13, 2026](RBI_Notification_20260113_Modified%20Interest%20Subvention%20Scheme%20for%20Short%20Term%20Loans%20for%20Agriculture%20and%20Allied%20Activities%20availed%20through%20Kisan%20Credit%20Card%20(KCC)%20during%20the%20financial%20year%202025-26.pdf) - Modified Interest Subvention Scheme would continue for 2025-26, after Union Cabinet approved it on May 8, 2025 33. [Feb 12, 2026](RBI_Press%20Release_20260212_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf) - Kisan Credit Card (KCC) Scheme was revised. Revised guidelines were issued consolidating those on agriculture and allied activities. Here are the other [major changes of this scheme.](RBI_Press%20Release_20260212_Revised%20Kisan%20Credit%20Card%20(KCC)%20Scheme.pdf#page=1&selection=37,0,38,10) 34. **Current Status** 1. As of 2026, lending rate to farmers is 7% after the interest subvention of 1.5 % per annum which is offered to the lending institutions viz. Public Sector Banks (PSBs) and Private Sector Commercial Banks (in respect of loans given by their rural and semi-urban branches only), SFBs (small Finance Banks, and PACS). The additional PRI is 3%. 2. The KCC scheme is offered by all Commercial Banks (including RRBs, but excluding Local Area Banks, Payments Banks), Small finance Banks, and Rural Cooperative Banks (State Co-operative Banks/DCCBs). 3. Commercial Banks, RRBs, Small Finance Banks and Cooperatives. 4. KCC is available for short-term crop loans, short-term loans for allied activities, post harvest, personal consumption, and more, in the form of a composite facility with a tenure of six years. 5. IS and PRI is applicable for short terms loans (or as applicable from time to time) 6. The KCC scheme card is an ATM enabled RuPay Card ## Master Directions 1. [Draft](https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=4882) - Reserve Bank of India [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026, and for Small Finance Banks, RRBs, Rural Cooperatives 1. Feb 12, 2026 - [Draft](https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=4882)- Reserve Bank of India [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 2. Feb 12, 2026 - [Draft](https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=4883) - Reserve Bank of India [Small Finance Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 3. Feb 12, 2026 - [Draft](https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=4884) - Reserve Bank of India [Regional Rural Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 4. Feb 12, 2026 - [Draft](https://rbi.org.in/scripts/Bs_viewcontent.aspx?Id=4885)- Reserve Bank of India [Rural Co-operative Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026 2. April 21, 2022 - [Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, dated April 21, 2022](https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=12300) 3. [Other Directions](Cards.md#Master%20Directions) ## Data Releases 1. Table titled *Kisan Credit Card Scheme: State-wise Progress* in the annual report *Trend and Progress of Banking in India*. ## References ### [[Publications (Data Releases) & Research#Publications|Publications]] 1. RBI. (2023). Box VI.2-Pilot on Digitalisation of Kisan Credit Card (KCC) Lending. Annual Report. [pdf