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RBI Unveils Draft Overhaul of Kisan Credit Card Rules Ahead of March 6 Comment Deadline

Public feedback will shape the final rules intended to align farm loans with real crop cycles.

Overview

  • The Reserve Bank of India released draft directions to consolidate and update Kisan Credit Card guidelines and opened them for comments through March 6, 2026.
  • Short-duration crops are proposed to follow a 12-month cycle, with long-duration crops set at 18 months to standardize sanction and repayment timelines.
  • The draft extends KCC loan tenure to a maximum of six years to better match longer cultivation periods and income flows.
  • Drawing limits would be linked to the official scale of finance for each crop season so credit reflects actual cultivation costs.
  • Eligible uses expand to include soil testing, real-time weather services and organic or good agricultural practice certification within the existing 20% add-on for maintenance, with the framework applying to commercial, small finance, regional rural and rural co-operative banks.