Home India Ministry of Finance Parliament Question: KCC Acounts Opened in Maharashtra...
Date: 2025-08-04 Category: Not Applicable State: Union Government Country: India

Parliament Question: KCC Acounts Opened in Maharashtra

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

Executive Summary: This document presents the Ministry of Finance's response to questions regarding the Kisan Credit Card (KCC) scheme in Maharashtra, as of August 4, 2025. It details the scheme's features, outreach efforts, interest subventions, NPA monitoring, financial literacy initiatives, and provisions for poor fishermen. The document includes data on KCC accounts opened and amounts disbursed, interest subvention details, NPA ratios, and financial literacy programs. Key Points / Main Content: * **Kisan Credit Card (KCC) Scheme Features:** * Provides timely and affordable credit to farmers for agricultural and allied activities. * Offers crop loans, working capital for animal husbandry and fisheries, and term loans for agriculture. * District-wise and farm size-wise KCC account data is unavailable. * **Outreach and Enrollment Initiatives:** * Special KCC saturation drive launched in February 2020 under Atma Nirbhar Bharat Abhiyan. * 81 lakh KCC accounts were opened/renewed in Maharashtra under the KCC Saturation Drive as of July 25, 2025. * Nationwide district-level camps organized from November 15, 2021, to March 31, 2025, resulted in 75,135 AHDF KCC accounts opened in Maharashtra. * Viksit Bharat Sankalp Yatra VBSY Particularly Vulnerable Tribal Group PVTG camps organized to boost KCC enrolment. * **Interest Subvention Schemes:** * The Government of India provides a 1.5% Interest Subvention to banks for short-term working capital loans up to ₹3 lakh through KCC at a concessional rate of 7%. * A 3% Prompt Repayment Incentive (PRI) reduces the effective interest rate to 4% for timely repayments. * The Government of Maharashtra provides additional interest subvention/PRI. * ₹17,811.72 crore disbursed under the Modified Interest Subvention Scheme (MISS) during FY 2024-25, with a 24.98% growth. * **Non-Performing Asset (NPA) Monitoring:** * NPA data for KCC accounts at the All India level and in Maharashtra is provided in Annexure III. * **Financial Literacy Programs:** * RBI, NABARD, and Banks conduct financial literacy programs, including Financial and Digital Literacy Camps (FDLCs) and Centres for Financial Literacy (CFLs). * RBI conducts Financial Literacy Week (FLW) every year since 2016. * **Collateral-Free Loans for Fishermen:** * RBI increased the limit for collateral-free agricultural loans, including allied activities, from ₹1.6 lakh to ₹2 lakh w.e.f. January 1, 2025. Impact Analysis * **Farmers:** * *Impact:* Access to affordable credit, potential reduction in interest rates through subventions and incentives, and enhanced financial literacy. * *Action Required:* Enroll in the KCC scheme, make timely repayments to avail incentives, and participate in financial literacy programs. * **Banks:** * *Impact:* Opportunity to expand KCC portfolios, receive interest subvention from the government, and monitor NPA ratios. * *Action Required:* Participate in KCC saturation drives, extend loans to eligible farmers, implement financial literacy programs, and monitor NPA performance. * **Government of Maharashtra:** * *Impact:* Increased agricultural productivity and farmer welfare, potential reduction in NPA ratios, and enhanced financial inclusion. * *Action Required:* Provide additional interest subvention/PRI, support financial literacy initiatives, and monitor the impact of the KCC scheme. * **RBI and NABARD:** * *Impact:* Promotion of financial literacy and monitoring of KCC scheme performance. * *Action Required:* Conduct financial literacy programs, monitor NPA ratios, and provide guidance to banks on KCC implementation.

Key Entities Referenced

Kisan Credit Card Scheme: A government scheme to provide farmers with timely and affordable credit for agricultural and allied activities. Maharashtra: A state in India where the Kisan Credit Card accounts were opened and outreach drives were undertaken. Ministry of Finance: The government ministry responsible for the Kisan Credit Card Scheme. Atma Nirbhar Bharat Abhiyan: A self-reliant India campaign under which a special KCC saturation drive was launched to cover 2.5 crore farmers under KCC. Modified Interest Subvention Scheme: A scheme under which the Government of India provides interest subvention to banks for extending short-term working capital loans through Kisan Credit Card. NABARD: National Bank for Agriculture and Rural Development, an apex development finance institution in India. Reserve Bank of India: The central bank of India, which has increased the limit for collateral-free agricultural loans. State Level Bankers Committee, Maharashtra: The agency that reported the district-wise number of KCC accounts and amount disbursed in Maharashtra.
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GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 2301 ANSWERED ON MONDAY, 04 AUGUST 2025/ SRAVANA 13, 1947 (SAKA) KCC ACOUNTS OPENED IN MAHARASHTRA 2301. SMT. SUPRIYA SULE: SHRI SANJAY DINA PATIL: DR. AMOL RAMSING KOLHE: SHRI MOHITE PATIL DHAIRYASHEEL RAJSINH: DR. KIRSAN NAMDEO: PROF. VARSHA EKNATH GAIKWAD: Will the Minister of FINANCE be pleased to state: (a) the features of Kisan Credit Card Scheme and the district-wise number of Kisan Credit Card (KCC) accounts opened in Maharashtra, disaggregated by farm-size categories along with the funds allocated, sanctioned and utilised under this scheme in Maharashtra during the last three years; (b) whether any special outreach drives for women farmers, tribal communities has been undertaken in Maharashtra to boost KCC enrolment and the achievement made so far; (c) whether the Government has any data on interest subvention schemes including any State-level top-ups or additional incentives availed by KCC holders in Maharashtra and if so, the details thereof; (d) whether the Government monitors NPA ratio under KCC portfolios of different bank groups operating in Maharashtra alongside national average and if so, the details thereof; (e) whether the Government has undertaken initiatives in Maharashtra to enhance financial literacy among prospective and existing KCC holders; (f) if so, the details of workshops, training sessions or digital/field-based programmes on prudent credit use, budgeting and repayment in Maharashtra along with the study conducted to assess the impact of KCC on farm productivity, income levels; and (g) whether the Government proposes to provide KCC to poor fishermen who are unable to provide any collateral and if so, the details thereof? Answer THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) The Kisan Credit Card (KCC) scheme provides timely and affordable credit to farmers for agricultural and allied activities. It offers crop loans for cultivation and post- harvest expenses, working capital for Animal Husbandry & Fisheries and term loan for agriculture and allied activities.The data on district-wise farm size-wise KCC accounts opened in Maharashtra is not available. As KCC is a demand driven scheme, credit facilities are granted to the farmers as per their needs and scale of finance for agriculture and allied activities. As reported by State Level Bankers’ Committee (SLBC), Maharashtra, the details of district wise number of KCC accounts and amount disbursed during last three years, is enclosed at Annexure-I. (b) With an aim to provide the benefits of KCC loans to maximum number of farmers, a special KCC saturation drive was launched since February 2020 under Atma Nirbhar Bharat Abhiyan to cover 2.5 crore farmers under KCC with a credit boost of Rs. 2 lakh crore. As on 25 July 2025, 81 lakh KCC Accounts were opened/renewed in the state of Maharashtra under KCC Saturation Drive. Further, to expand the benefits of the Kisan Credit Card (KCC) to all eligible farmers engaged in Animal Husbandry, Dairy, and Fisheries (AHDF) activities the Government organised a nationwide district level weekly camps from 15.11.2021 to 31.03.2025 as a result of which 75,135 AHDF KCC accounts were opened in Maharashtra. Besides this, Viksit Bharat Sankalp Yatra (VBSY) & Particularly Vulnerable Tribal Group (PVTG) camps were organised to boost the KCC enrolment. (c) Under the Modified Interest Subvention Scheme (MISS), the Government of India provides an Interest Subvention (IS) of 1.5% to banks for extending short-term working capital loans up to ₹3 lakh (upto Rs 2 lakh in case of allied activities) through the Kisan Credit Card (KCC) at a concessional rate of 7% per annum. Additionally, a Prompt Repayment Incentive (PRI) of 3% is offered to farmers on timely repayment, effectively reducing the interest rate to 4% for farmers. Apart from this, the additional interest subvention/PRI is also provided by Government of Maharashtra. Under Modified Interest Subvention Scheme (MISS) provided by the Union Government an amount of Rs 17,811.72 crore was disbursed during FY 2024-25 across the country, including the state of Maharashtra, registering a growth of 24.98% over previous financial year. The details of additional interest subvention provided by State Government of Maharashtra is given at Annexure-II (d) Data on NPA in KCC accounts in the country and the state of Maharashtra is provided at Annexure-III. (e) and (f) RBI, NABARD and Banks conduct various financial literacy programs to enhance financial literacy among farmers such as: • Financial and Digital Literacy Camps (FDLCs) have been organized by banks, targeting diverse groups including farmers. The district-wise break up of camps in Maharashtra is given at Annexure-IV. • Centres for Financial Literacy (CFLs) project of RBI conduct financial literacy programmes on a regular basis. The District-wise count of CFLs sanctioned in Maharashtra is given at Annexure-V. • RBI has been conducting Financial Literacy Week (FLW) every year since 2016 to propagate financial education messages on various themes of Financial Literacy.(g) The Reserve Bank of India has increased the limit for collateral-free agricultural loans, including loans for allied activities from ₹1.6 lakh per borrower to ₹2 lakh w.e.f 01 January 2025. This move enhances credit accessibility, particularly for small and marginal farmers including fishermen. ****Annexure-I Statement referred to in part (a) of Lok Sabha Un-Starred Question no. 2301 on “KCC Acounts Opened in Maharashtra” due for answer on 04.08.2025 District-wise number of Kisan Credit Card (KCC) accounts opened and amount disbursed in Maharashtra during last three years: (Number in Actual & Amount in Lakh) 2022-23 2023-24 2024-25 Sr. No. Name of District Number of Amount Number of Amount Number of Amount KCC A/c's KCC A/c's KCC A/c's 1 AHMEDNAGAR 5,80,753 6,31,265 4,89,709 5,57,931 5,14,735 5,84,844 2 AKOLA 1,26,240 1,33,281 1,16,638 1,27,334 1,07,733 1,30,162 3 AMRAVATI 1,65,157 1,86,192 1,57,448 1,92,193 1,47,338 2,08,198 4 AURANGABAD 2,81,652 2,12,665 2,68,173 2,09,425 2,35,707 2,15,331 5 BEED 2,53,625 2,10,822 2,27,602 1,95,680 1,89,337 1,83,450 6 BHANDARA 1,01,840 67,854 1,01,696 64,832 1,00,547 70,386 7 BULDHANA 1,96,897 2,00,733 1,58,569 1,69,010 1,16,254 1,43,945 8 CHANDRAPUR 1,13,033 98,431 1,09,699 99,628 1,04,175 1,07,276 9 DHULE 76,845 1,07,445 80,552 1,08,268 79,944 1,20,820 10 GADCHIROLI 43,427 23,552 39,855 23,716 38,863 26,732 11 GONDIA 72,761 42,686 63,719 41,599 60,989 45,179 12 HINGOLI 1,46,473 1,03,480 1,30,465 1,01,317 1,16,914 89,473 13 JALGAON 2,77,499 2,68,209 2,93,747 2,77,122 2,94,617 3,46,579 14 JALNA 2,02,493 1,70,028 1,59,947 1,29,877 1,26,698 1,08,172 15 KOLHAPUR 2,80,499 3,50,410 2,48,633 3,06,084 3,55,176 3,86,857 16 LATUR 3,21,973 2,32,239 2,96,093 2,69,083 2,72,288 2,75,553 17 MUMBAI CITY 762 1,917 1,011 2,547 453 1,526 18 MUMBAI SUBURB 1,465 2,733 3,396 5,859 2,886 8,863 19 NAGPUR 1,01,302 1,18,982 87,526 1,19,223 90,513 1,55,099 20 NANDED 2,63,045 2,24,072 2,38,899 2,22,113 1,96,522 2,06,101 21 NANDURBAR 57,416 79,005 45,681 81,328 40,292 71,454 22 NASIK 1,64,942 3,38,130 1,65,477 3,31,623 1,73,214 4,25,026 23 OSMANABAD 1,66,295 1,56,141 1,46,058 1,42,996 1,40,319 1,50,775 24 PALGHAR 21,844 21,166 21,214 19,275 23,712 33,205 25 PARBHANI 1,99,241 1,60,099 1,77,757 1,48,659 1,56,815 1,38,496 26 PUNE 4,21,564 5,07,967 4,07,735 5,26,122 4,29,219 6,53,781 27 RAIGAD 50,999 41,873 33,355 29,961 43,194 58,681 28 RATNAGIRI 86,420 64,064 68,904 61,063 54,682 83,842 29 SANGLI 2,60,070 2,85,041 2,52,683 2,69,766 2,39,628 3,07,866 30 SATARA 3,99,851 3,06,225 3,74,418 3,02,807 3,64,171 3,52,203 31 SINDHUDURG 45,185 41,552 44,240 41,422 52,465 64,964 32 SOLAPUR 2,64,879 4,16,216 2,30,156 3,95,396 2,69,297 4,90,878 33 THANE 46,372 33,515 32,777 31,319 36,968 50,974 34 WARDHA 91,112 96,587 75,290 91,319 62,350 92,291 35 WASHIM 1,22,116 1,17,340 1,18,324 1,17,033 95,418 1,08,286 36 YAVATMAL 2,14,959 2,24,995 1,91,093 2,06,573 1,66,523 2,08,584 Source: SLBC, MaharashtraAnnexure-II Statement referred to in part (c) of Lok Sabha Un-Starred Question no. 2301 on “KCC Acounts Opened in Maharashtra” due for answer on 04.08.2025 Details of additional Interest Subvention provided by the Govt. of Maharashtra are as under: (Rs. in crore) Scheme 2023-24 2024-25 Interest Subvention 347.00 666.60 Interest Incentive on prompt 367.99 299.96 repayment Source: SLBC, MaharashtraAnnexure-III Statement referred to in part (d) of Lok Sabha Un-Starred Question no. 2301 on “KCC Acounts Opened in Maharashtra” due for answer on 04.08.2025 Data on NPA in KCC accounts at All India level and in the state of Maharashtra is as below: All-India Maharashtra Bank Group 31 March 2024 31 March 2025 31 March 2024 31 March 2025 SCBs 13.97% 13.95% 20.76% 21.44% RRBs 7.13% NA* 4.27% NA* RCBs 6.55% NA* 19.56% NA* SCB: Scheduled Cooperative Bank; RRB: Regional Rural Bank; RCB: Rural Cooperative Banks *NA: Not Available Data Source: RBI and NABARDAnnexure-IV Statement referred to in part (e) and (f) of Lok Sabha Un-Starred Question no. 2301 on “KCC Acounts Opened in Maharashtra” due for answer on 04.08.2025 District-wise Financial & Digital Literacy Camps conducted in the last 03 FYs SN Name of the district Number of Financial Literacy Camps 1 Ahilyanagar 670 2 Akola 377 3 Amravati 153 4 Chhatrapati Sambhajinagar 1,114 5 Beed 114 6 Bhandara 658 7 Buldana 667 8 Chandrapur 1,811 9 Dharashiv 388 10 Dhule 237 11 Gadchiroli 1,127 12 Gondia 898 13 Hingoli 89 14 Jalgaon 842 15 Jalna 640 16 Kolhapur 661 17 Latur 694 18 Nagpur 380 19 Nanded 543 20 Nandurbar 752 21 Nasik 847 22 Palghar 203 23 Parbhani 230 24 Pune 1,114 25 Raigad 467 26 Ratnagiri 408 27 Sangli 865 28 Satara 1,540 29 Sindhudurg 550 30 Solapur 1118 31 Thane 337 32 Wardha 208 33 Washim 587 34 Yavatmal 775 Source: NABARDAnnexure-V Statement referred to in part (e) and (f) of Lok Sabha Un-Starred Question no. 2301 on “KCC Acounts Opened in Maharashtra” due for answer on 04.08.2025 District-wise count of CFLs sanctioned under FIF in Maharashtra SN Name of the district No. of CFLs 1 Ahilyanagar 2 2 Akola 2 3 Amravati 3 4 Beed 2 5 Bhandara 1 6 Buldhana 2 7 Chandrapur 1 8 Chhatrapati Sambhajinagar 3 9 Dharashiv 1 10 Gadchiroli 1 11 Gondia 2 12 Jalgaon 3 13 Kolhapur 3 14 Latur 1 15 Nagpur 5 16 Nanded 3 17 Nashik 4 18 Palghar 1 19 Parbhani 1 20 Pune 4 21 Raigad 2 22 Sangli 2 23 Satara 3 24 Sindhudurg 1 25 Solapur 1 26 Thane 1 27 Wardha 2 28 Washim 1 29 Yavatmal 2 Source: NABARD

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