Kisan Credit Card Online Apply 2023, Check CSC किसान क्रेडिट कार्ड Form, Benefits – Kisan Credit Card aims to offer timely and adequate credit to Indian farmers to meet their production credit needs (Cultivation expenses) besides meeting contingency expenses and expenses related to ancillary activities through simplified procedures facilitating the borrowers for availing loans as and when they need.
The Kisan Credit Card (KCC) scheme was launched in 1998 to issue Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks so that farmers will be able to use them to readily purchase agriculture inputs such as seeds, fertilizers, pesticides and so on. and draw cash for their production needs.
On 18 December 2020, Prime Minister Narendra Modi launched the Revised Scheme to Kisan Credit Card (KCC), aimed at offering adequate and timely credit support from the banking system under a single window to the farmers for their cultivation and other needs.
Kisan Credit Card (KCC) scheme – Objectives/ Purpose
- To fulfil the short-term credit requirements for the cultivation of crops;
- Post-harvest expenses;
- Create marketing loan;
- Consumption requirements of farmer household;
- Investment credit requirement for agriculture and allied activities.
Kisan Credit Card (KCC) scheme – Eligibility
- All farmers-individuals/Joint borrowers who are owner cultivators.
- Tenant farmers, Oral lessees Sharecroppers, etc,
- SHGs or Joint Liability Groups of farmers including tenant farmers, sharecroppers, etc,
Features of Kisan Credit Card Scheme
- The KCC scheme delivers the facility of ATM-enabled RuPay Card, one-time documentation, built-in cost escalation in the limit and any number of drawers within the limit.
- KCC covers post-harvest expenses, produce marketing loans, consumption requirements of farmer households, working capital for maintenance of farm assets and activities allied to agriculture, and investment credit requirement for agriculture and allied activities.
- The Kisan Credit Card Scheme is executed by Commercial Banks, RRBs, Small Finance Banks and Cooperatives.
Kisan Credit Card (KCC) scheme – Documents Required
- Application Form.
- Two Passport Size Photographs.
- ID proof such as Driving License / Aadhar Card / Voter Identity Card / Passport, etc,. Any one document needs to be submitted.
- Address Proof such as Driving License, Aadhar Card, etc,.
- Proof of landholding duly certified by the revenue authorities.
- Cropping pattern (Crops grown) with acreage.
- Security documents for loan limit above Rs.1.60 lakhs / Rs.3.00 lakhs, as applicable.
- Any other document as per sanction.