Cash credit facilities for farmers

Kisan Credit Cards

The Kisan Credit Card scheme was launched by Government of India, Reserve Bank of India (RBI) and National Bank for Agriculture and Rural Development (NABARD) to provide adequate, timely and cost effective institutional credit from the banking system to the farmers for their cultivation needs. Farmers can not only purchase inputs but also can withdraw cash from this credit card for their input needs. Farmers covered under the Kisan Credit Card scheme are issued with a credit card and a pass book or a credit card cum pass book which may serve both as an identity card and facilitate recording of transactions on an ongoing basis.Finacus provides an end-to-end solution for the issuance of Kisan Credit Cards. This system covers the entire life cycle activity starting from registration of the customer to card issuance at the back office and functionality.

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