1 Introduction

The Kisan Credit Card (KCC) scheme was introduced in 1998 for issue of Kisan CreditCards to farmers on the basis of their holdings for uniform adoption by the banks sothat farmers may use them to readily purchase agriculture inputs such as seeds,fertilizers, pesticides etc. and draw cash for their production needs. The scheme wasfurther extended for the investment credit requirement of farmers viz. allied and nonfarmactivities in the year 2004. The scheme was further revisited in 2012 by a workingGroup with a viewto simplify the scheme and facilitate issue of Electronic Kisan Credit Cards.

2 Applicability of the Scheme

The Kisan Credit Card Scheme detailed in the ensuing paragraphs is implemented in our bank.

3 Objective / Purpose

The Kisan Credit Card scheme aims at providing adequate and timely credit support from the banking system under a single window with flexible and simplified procedureto the farmers for their cultivation and other needs as indicated below:

a. To meet the short term credit requirements for cultivation of crops;

b. Post-harvest expenses;

c. Produce marketing loan;

d. Consumption requirements of farmer household;

e. Working capital for maintenance of farm assets and activities allied to agriculture;

f. Investment credit requirement for agriculture and allied activities.

Note: The aggregate of components `a to e' above will form the short term creditlimit portion and the aggregate of components under `f’' will form the long term creditlimit portion.

4 Eligibility

i. All Farmers – Individuals / Joint borrowers who are owner cultivators

ii. Tenant Farmers, Oral Lessees & Share Croppers

iii. SHGs or Joint Liability Groups of Farmers including tenant farmers, share croppers etc.

Oral tenants can be eligible for loan only if land owners agree to become co-borrowers.

In the accounts which are secured by liquid securities like FDR, NSC/KVP, etc., the cards to oral tenants can be issued without stipulating the condition of land owners to be made co-borrowers.

Landless labourers, share  croppers, tenant farmers and oral lessees can be issued PUPGB Kisan Card (KCC) upto limit of Rs 50,000/- on the basis of an Affidavit, duly stamped as per the respective State Stamps rules. 

Identification of the farmers will be done on the basis of photograph of borrowers along with signatures in case of literate borrowers and in case of illiterate borrowers; he shall be identified by his photo and thumb impressions. He shall put his thumb impressions in the presence of the Incumbent Incharge. Literate farmers will put signatures and illiterate farmers will put thumb impressions on the card which will be authenticated by the Incumbent Incharge of the branch and the card will be laminated.