Budget 2026: Kisan Credit Card Limit May Rise to 6 Lakh, Farmers Eye Big Boost

• Budget 2026, to be presented in early February, is expected to bring good news for farmers.
• The Kisan Credit Card (KCC) loan limit is likely to increase from 5 lakh rupees to 6 lakh rupees.
• KCC, launched in 1998, provides financial aid for crop cultivation and allied sectors like dairy and fisheries.
• Farmers get loans at an effective 4% interest rate due to a 3% government incentive for timely repayment.
• The scheme has seen significant growth, with 10.05 lakh crore rupees sanctioned by Dec 2024, benefiting 7.72 crore farmers.

Why It Matters: Farmers anticipate a KCC limit increase to 6 lakh rupees in Budget 2026, boosting agricultural finance.