{"id":368963,"date":"2026-08-05T16:14:37","date_gmt":"2026-08-05T10:44:37","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=368963"},"modified":"2026-08-05T16:14:48","modified_gmt":"2026-08-05T10:44:48","slug":"kisan-credit-card-modified-interest-subvention-scheme-kcc-miss","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/kisan-credit-card-modified-interest-subvention-scheme-kcc-miss\/","title":{"rendered":"Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC\u2013MISS)"},"content":{"rendered":"<div class=\"content-box-green\">\n<p><strong>News:<\/strong> A third-party ISEC assessment found that KCC\u2013MISS reduced farmers\u2019 interest burden and improved agricultural value addition across diverse agro-regions.<\/p>\n<\/div>\n<h2 class=\"red-h2-box\">About Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC\u2013MISS)<\/h2>\n<figure id=\"attachment_368971\" aria-describedby=\"caption-attachment-368971\" style=\"width: 570px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\" wp-image-368971\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=570%2C321&#038;ssl=1\" alt=\"Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC\u2013MISS)\" width=\"570\" height=\"321\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=1024%2C579&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=768%2C434&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=1536%2C868&amp;ssl=1 1536w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?resize=1568%2C886&amp;ssl=1 1568w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/08\/Source-DD-India.jpg?w=1570&amp;ssl=1 1570w\" sizes=\"auto, (max-width: 570px) 100vw, 570px\" \/><figcaption id=\"caption-attachment-368971\" class=\"wp-caption-text\">Source &#8211; DD India<\/figcaption><\/figure>\n<ul>\n<li><strong>Type:<\/strong> <strong>Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC-MISS)<\/strong> is a <strong>Central Sector Scheme<\/strong>, launched in <strong>2006\u201307<\/strong>.<\/li>\n<li><strong>Nodal Ministry:<\/strong> It is under the <strong>Ministry of Agriculture and Farmers\u2019 Welfare.<\/strong><\/li>\n<li><strong>Implementation:<\/strong> It is jointly implemented and monitored by the <strong>Reserve Bank of India (RBI)<\/strong> and the <strong>National Bank for Agriculture and Rural Development (NABARD).<\/strong>\n<ul>\n<li>It operates through <strong>Public Sector Banks, Regional Rural Banks, Cooperative Banks and Private Sector Banks.<\/strong><\/li>\n<\/ul>\n<\/li>\n<li><strong>Aim:<\/strong> It aims to ensure the <strong>availability of affordable short-term credit<\/strong> for <strong>agriculture and allied activities<\/strong> through <strong>Kisan Credit Cards<\/strong>.<\/li>\n<li><strong>Features:<\/strong>\n<ul>\n<li><strong>Concessional Credit:<\/strong> Farmers receive <strong>short-term KCC loans up to \u20b93 lakh at 7% interest, with 1.5% interest subvention<\/strong> to eligible lending institutions.<\/li>\n<li><strong>Prompt Repayment Incentive:<\/strong> Farmers who <strong>repay loans on time receive up to 3% incentive<\/strong>, reducing the effective interest rate to 4%.<\/li>\n<li><strong>Collateral-free Loans:<\/strong> The scheme <strong>provides collateral-free loans up to \u20b92 lakh.<\/strong><\/li>\n<li><strong>Support for Allied Activities:<\/strong> The interest benefit for loans taken exclusively for <strong>animal husbandry or fisheries is available up to \u20b92 lakh.<\/strong><\/li>\n<li><strong>Flexible Credit Facility:<\/strong> The scheme provides a revolving <strong>KCC credit facility for up to five years with flexible withdrawals.<\/strong><\/li>\n<li><strong>Relief During Calamities:<\/strong> It provides interest relief during natural calamities, with extended support in severe disasters.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: A third-party ISEC assessment found that KCC\u2013MISS reduced farmers\u2019 interest burden and improved agricultural value addition across diverse agro-regions. About Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC\u2013MISS) Type: Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC-MISS) is a Central Sector Scheme, launched in 2006\u201307. Nodal Ministry: It is under the Ministry of Agriculture and Farmers\u2019&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/kisan-credit-card-modified-interest-subvention-scheme-kcc-miss\/\">Continue reading <span class=\"screen-reader-text\">Kisan Credit Card\u2013Modified Interest Subvention Scheme (KCC\u2013MISS)<\/span><\/a><\/p>\n","protected":false},"author":10401,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,956,12039],"tags":[11872],"class_list":["post-368963","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-schemes-and-programs","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/368963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10401"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=368963"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/368963\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=368963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=368963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=368963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}