Agriculture Loan

The Kisan Credit Card scheme is one of the schemes launched by the Government of India to provide farmers with easy access to credit. Established by NABARD (National Bank for Agriculture and Rural Development), this scheme was launched back in 1998 to provide short-term credit to farmers.

Agricultural loans are offered to farmers and can be used for various purposes such as purchasing land, tools and equipment, machinery, seeds, investing in farm maintenance, crop insurance, etc. Farming is a seasonal activity and farmers require financial support to help them sail through periods of no activity.