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Corporate Laws Central Ministry of Finance Reserve Bank of India Act, 1934

RBI issues Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2025-26

13-Jan-2026 | RBI/2025-26/193 FIDD.CO.FSD.BC.No.10/05.02.001/2025-26

RBI has issued the Modified Interest Subvention Scheme (MISS) for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2025-26.

Key Highlights:
1. Public Sector Banks, Private Sector Banks and Small Finance Banks have been given interest subvention to provide short term crop loans and short-term loans for allied activities including animal husbandry, dairy, fisheries, bee keeping etc. up to Rs. 3 lakhs to farmers through KCC.
2. Banks are advised to adhere to following conditions:
a. Mandatory Aadhaar Authentication
b. Validation of Multiple Accounts of beneficiaries
c. Reporting of Data
d. Submission of MISS Claims on KRP
e. Accurate Crop Reporting on KRP
3. An additional interest subvention of 3 per cent per annum is provided to the farmers who repay the loan in time.

Kindly refer to the attached document for more information.

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