RBI Proposes Major KCC Changes: What Farmers Need to Know

• RBI proposes new guidelines for Kisan Credit Card (KCC) to consolidate rules, expand scope, and simplify processes.
• Key changes include defining crop seasons (12/18 months), extending KCC duration to 6 years, and linking credit limits to actual cultivation costs.
• Farmers can now use KCC funds for technology-driven needs like soil testing, weather forecasts, and organic certification.
• Draft guidelines apply to commercial banks, regional rural banks, and rural cooperative banks.
• Public and stakeholders can submit suggestions to RBI until March 6, 2026, via the 'Connect 2 Regulate' section or email.