This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Kisan Credit Card" – news · newspapers · books · scholar · JSTOR(February 2017) (Learn how and when to remove this message)
The Kisan Credit Card (KCC) scheme is a credit scheme introduced in August 1998 by Indian public sector banks to issue kisan credit card to the farmers of India. This model scheme was prepared by the National Bank for Agriculture and Rural Development (NABARD) on the recommendations of the R. V. Gupta Committee[1] to provide advances for agricultural needs.[2]
Its objective was to meet the comprehensive credit requirements of the agriculture sector and by 2019 for fisheries and animal husbandry by giving financial support to farmers. Participating institutions include all commercial banks, Regional Rural Banks, and state co-operative banks. The scheme entails short-term credit for crops and term loans. KCC credit holders are also covered under personal accident insurance up to ₹50,000 for death and permanent disability, and up to ₹25,000 for other risks. The premium is borne by both the bank and the borrower in a 2:1 ratio. The validity period is five years, with an option to extend it up to three more years. Kisaan Credit Card (KCC) credit to the farmers is of two types, viz., 1. Cash Credit (for working capital) and 2. Term Credit (for capital expenditure such as the purchase of cattle, pump sets, land development, plantation, drip irrigations, etc.
^Study on Implementation of KCC Scheme - page 22. Accordingly, on the recommendations of R V Gupta Committee, NABARDformulated a Model Kisan Credit Card Scheme in consultation with major banks in the country.
^"Kisan Credit Card: How to apply, documents needed - all you need to know". India TV. Retrieved 10 June 2023.
Krishak Card Capital Investment Subsidy Scheme of Rural Godowns / Cold Storage Financial Assistance Against Storage Receipt KisanCreditCard For Tenant...
RuPay Kisancreditcard. It also offers combo cards that offer debit and credit, debit and prepaid, or credit and prepaid features through a single card. RuPay...
software to banks in India. The company also issued cards under the KisanCreditCard scheme. Around this time, it was reported that the company sought...
cooperative credit system. In 1998–99, NABARD introduced a credit scheme to allow banks to issue short-term and timely credit to farmers in need via the Kisan Credit...
one's fingerprints work as a password that cannot be changed, unlike creditcard PINs and many other similar protective services. While the service is...
courses Gas Connection Bill Bank/ Kisan/ Post Office Passbooks Photo Bank ATM Card Photo CreditCard Pensioner Photo Card Certificate of Identify having...
using limited options of creditcard for foreign citizens (only if they have India based creditcard as international credit cards are not always accepted...
Information Bureau. 9 September 2020. Retrieved 11 April 2022. "Features of PM-KISAN Scheme". Press Information Bureau. Ministry of Agriculture & Farmers Welfare...
Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and...
overall Grand Chess Tour participants and 1 wild-card in a 9-round single-round robin tournament. The wild card in this tournament was Wesley So, who had just...
financial services, namely banking savings and deposit accounts, remittance, credit, insurance and pension in an affordable manner. This financial inclusion...
in countries like South Africa, Jamaica and Turkey. Brazil's first cash credit transfer was in 1996. On 14 February 2011 a task force under Nandan Nilekani...
Old Pension Scheme. On 20 September, while flagging off e-bikes for Namo Kisan Panchayat programme in Gujarat, BJP National President J. P. Nadda listed...
Training and Extension National Scheme on Welfare of Fishermen Pradhan Mantri Kisan Samman Nidhi for minimum support scheme Pradhan Mantri Krishi Sinchai Yojana...
following victory in the Indo-Pakistani War of 1965. His slogan, "Jai Jawan Jai Kisan" ("Hail the soldier, Hail the farmer"), became very popular during the war...
controversial figure within Spain, Franco is seen as a divisive leader. Supporters credit him for keeping Spain neutral and uninvaded during the Second World War...
leader of Oudh Kisan Sabha (Awadh Farmers Conference) along with Baba Ram Chandra. Large numbers of Koeris participated in the Awadh Kisan Conference of...
Lakhanpur while crossing the border into Kashmir illegally. Although the ID card rule was revoked owing to his efforts, he died as a detainee on 23 June 1953...
livelihood." The Rashtriya Mahila Kosh (National Credit Fund for Women) was set up in 1993 to make credit available for lower income women in India. More...
affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions. This financial inclusion campaign was launched...
film Khudgarz. The film was the first to have a Super Star Title Graphic Card. He received his tenth nomination for the Filmfare Award for Best Actor –...