To enable universal access to concessional institutional credit, the Government of India has initiated for saturating all PM-KISAN beneficiaries with Kisan Credit Card (KCC). This will help all such farmers to get short term loan for crop & animal/fish rearing at a maximum interest of 4% on timely repayment.
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All banks have been advised to have separate counters for handling such applications and ensure issue of fresh KCC; or, enhancement of the existing KCC limit; or, activation of inoperative KCC account within the shortest possible time, not exceeding 14 days from the date of submission of application. Progress of this drive will be monitored on a daily basis by the State/UT Govt. Activities under saturation drive in a district would be led by the District Collector with support of the Lead District Manager and DDM, NABARD.
