The Government of India launched the Kisan Credit Card (KCC) in 1998 in order to help farmers access credit through the formal banking system and thereby reduce their dependency with the local private lenders. Currently the Kisan Credit Card is offered by National Bank of Agriculture and Rural Development (NABARD), National Payment Corporations of India (NPCI), co-operative banks, regional rural banks and all other public and private banks provide Kisan Credit Card to the farmers. 

The credit limit on the card depends on the cultivation of crops, farm assets and household requirements. The cardholders get insurance coverage against the loss of crops up to a certain limit. Based on review, the credit limit and tenure can be increased. The interest rate on KCC is up to 9% per annum, and the cardholder with sound repayment record can avail subsidy for up to 2%. The applicants should have minimum of 18 years old and maximum of 75 years of age at the time of loan maturity.