Instant KCC to Farmers Through Federal Bank
Access to timely credit is one of the biggest challenges faced by smallholder farmers in India. Without funds, they struggle to buy seeds, fertilizers, and equipment during critical farming seasons. To address this gap, SEEDS, in partnership with Federal Bank, launched the Instant Kisan Credit Card (KCC) Program. This initiative enables farmers to receive quick, affordable credit with minimal paperwork, ensuring they are financially equipped to improve productivity and secure their livelihoods.
Objectives
Provide instant access to formal credit for small and marginal farmers
Promote the use of Kisan Credit Cards for agricultural investments
Reduce farmers’ dependence on informal moneylenders
Improve farm productivity and financial stability
Enhance financial literacy and inclusion in rural areas
Key Highlights
Quick Disbursal: Credit issued within 24–48 hours of approval
Simple Process: Minimal documentation and hassle-free application
Wide Reach: Thousands of farmers across multiple districts benefited
Targeted Use: Loans used for seeds, fertilizers, irrigation, and more
Increased Productivity and farmer income
Quick Disbursal: Credit issued within 24–48 hours of approval
Simple Process: Minimal documentation and hassle-free application
Wide Reach: Thousands of farmers across multiple districts benefited
Targeted Use: Loans used for seeds, fertilizers, irrigation, and more
Increased Productivity and farmer income
Project Activities
Simplified Application Process
SEEDS field teams assist farmers in completing KCC applications, while Federal Bank ensures fast-track processing. Farmers no longer need to make multiple visits or deal with complex paperwork.
Financial Literacy and Awareness
Awareness camps and one-on-one counseling sessions are held to educate farmers on responsible credit usage, budgeting, and repayment.
On-Ground Support
Help desks and trained field staff guide farmers through every step—from application to credit utilization.
Agricultural Input Support
Credit is used primarily to purchase quality seeds, fertilizers, organic inputs, and irrigation tools, ensuring higher yields and better-quality produce.
Economic and Social Impact
Economic Impact
Better farm investments lead to higher yields
Farmers earn more due to improved crop quality
Timely credit prevents crop loss and financial stress
Social Impact
Farmers gain confidence and financial independence
Strengthened links between farmers and formal banks
Empowerment of women and small-scale cultivators
Better farm investments lead to higher yields
Farmers earn more due to improved crop quality
Timely credit prevents crop loss and financial stress
Farmers gain confidence and financial independence
Strengthened links between farmers and formal banks
Empowerment of women and small-scale cultivators