KISAN CREDIT CARD SCHEME (KCCS)-REVISED SCHEME

(ENABLED WITH RUPAY DEBIT CARDS)

Purpose A single window credit assistance to the farmers for their cultivation
& other needs as indicated below, subject to ensuring repayment
capacity of farmers.
i. To meet the short term credit requirements for cultivation of
crops
ii. Post harvest expenses
iii. Consumption requirements of farmer household
iv. Working capital for maintenance of farm assets and activities
allied to agriculture, like dairy animals, inland fishery etc.
v. Investment credit requirement for agriculture and allied
activities like pump sets, sprayers, dairy animals etc
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.
iv. Individual farmers will be issued with RuPay debit cards.
v. The party should not be a defaulter to any of the Financial
Institutions
vi. Not to be issued to minors and defaulters.

Margin For loans upto Rs.1 lacs: No margin

For loans above Rs.1 lac
a) crop cultivation/ maintenance: As per SOF
b) Sub limit in respect of WC requirement for allied activities, farm
machinery maintenance, consumption need, non farm sector:
Margin of 15% to 25% of the projected expenditure.
Security
For loan upto Hypothecation of crops/assets
Rs.1,50,000/- created out of our finance.
For loans above i) Hypothecation of crops/assets
Rs.1,50,000/- created out of our finance.
ii) Mortgage of landed properties.

Repayment Short term WC sub component (revolving credit facility): Each

Period withdrawal under the short term sub-limit to be liquidated in 12
months (short term crops)/18 months (in case of long term crops).
The term loan component will be normally repayable within a
period of 5 years in half yearly or Yearly instalments.