Farmers are now very easy to take agricultural loans. In fact, the National Agricultural and Rural Development Bank (Nabard) has produced an e -porter credit portal in Chennai with the advice of 24×7 psychoanalysis in Chennai, so that Kisan Credit Card (KCC) can provide loans immediately. Farmers can submit a loan application through this specially designed portal for Rural Co -operative Banks (RCP) and Regional Rural Banks (RRP).
E-KCC site in six states
Currently, farmers have to go to the bank several times to get approval for agricultural loans. ‘Financial Express’ that KCC holders can be released in the short term using the digital site, Nabard Deputy MD.
Difficulty in the old credit process
E-KCC portal uses the Integrated Credit Interface of the Innovation Center for digital land records. Also, Aadhaar recognition to recognize loans to farmers, E-GYC, E-Zine and Aadhaar data vault. At the same time, bank officials said that the old credit process for KCC holders is ‘full of difficulties’, and farmers have to go to the bank several times, take 3-4 weeks long and mainly paper-based procedures.
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Officials said all RCB and RRB are currently underway. In addition, the KCC is also underway on digital sites. According to the official note, commercial banks have improved significantly in digital changes. At the same time, rural banks are often disadvantaged due to cost and limited technical capacity.
Farmers get agricultural credit soon
Nabard leader Shaji KV recently said, “E-KCC has proven the ability to achieve agricultural credit distribution and improve transparency. It has been awarded to the co-operative banks, packages and RRPS to provide loan services to small and marginal farmers.”
About 8 lakh Kcl holders in the country
Officials said the aim was to create the portal as a comprehensive agricultural site by integrating credit products for milk and fisheries, national fisheries digital sites and automated interest subsidy. In addition, officials said that the KCC is a bank product, which provides timely and affordable loans to farmers to meet agricultural entries, including seeds, fertilizers and pesticides and crop production.
There are currently around 8 crores of active KCC holders in the country, which is 1.24 lakh and 4.5 crore KCC fisheries and livestock farming. Under the Revised Interest Assistance Scheme of the Ministry of Agriculture, KCC holders are given loans up to Rs. However, in the financial year 2026, the government has increased the agricultural law to Rs 5 lakh annually.
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