What is Kisan Credit Card and how it works?

To tackle the same, a Kisan credit card has created so that the farmers are able to meet their cultivation needs on time. Farmers can use the credit to purchase inputs like pesticides, high yielding variety of seeds and fertilizers. In addition to this, they can also use the card to withdraw cash as per their need.

What is the aim of Kisan Credit Card?

The scheme aims at providing adequate and timely cred it for the comprehensive credit requirements of farmers under single window 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.

How do you get a farmer card?

Farmers can call up Kisan Call Center (KCC) through a toll free number 1800-180-1551. Registration of the farmers is done by Kisan Call Centre Agent at the Kisan Call Centre who records personal details of the farmer in the Kisan Knowledge Management System (KKMS).

Can I withdraw money from KCC?

Yes, you can withdraw money from a kisan credit card. This was made with the sole purpose to help farmers to make necessary purchases and to withdraw money whenever required at all PoS outlets. Withdrawal of cash from the kisan credit card is a unique feature offered to the users of this card.

How much loan can I get on KCC?

The Government of India (GoI) gives up to Rs 1.6 lakh KCC loan without any collateral or guarantee to the small farmers who hold KCC. As per the tax and investment experts, farmers can take loans up to Rs 5 lakh KCC loan in 3 years.

How do I withdraw money from KCC?

Farmers can withdraw cash up to the credit limit offered to them by the bank. Withdrawing the cash can be done by using withdrawal slips available at the bank branch and the kisan credit card passbook. Cheque book facility is also available to the farmers who have a credit limit of Rs 25000 and above.