As an attempt to simplify online access to the Kisan Credit Cards (KCC), the State Bank of India (SBI) introduced “KCC Review option” on YONO Krishi, its digital agricultural solution platform. The platform allows farmers to access their KCC and check the limit in just four clicks.
With the launch of the new KCC Review option, SBI is of the view that it will benefit over 75 lakh farmers as the farmers do not have to visit the bank physically to check their KCC limit and get it revision. This will help save time, money and efforts.
According to the Reserve Bank of India (RBI), the KCC scheme has been designed with a view to ensuring that farmers get adequate and timely credit support from the banks under a single window with a flexible and simplified procedure for their cultivation and other needs. Under the KCC, harmers can apply for credit for the cultivation of crops; post-harvest expenses; produce marketing loan; consumption requirements of farmer household; working capital for maintenance of farm assets and activities allied to agriculture; and investment credit requirement for agriculture and allied activities.