http://www.nextbillion.net/activitycapsule/Kisan-Credit-for-indian-farmers Comments for "Kisan/ Smart credit card for Farmers" en http://www.nextbillion.net/activitycapsule/Kisan-Credit-for-indian-farmers <div class="flexinode-body flexinode-6"><table class="actable" width="470px" cellpadding="5" cellspacing="0" border="0"> <tr><td class="actable-left" width="175px" valign="top"> <div class="flexinode-textfield-23"> <strong>Managing Organization: </strong> Federal Reserve of India<br /><br /> </div> <div class="flexinode-textfield-38"> <strong>Activity URL: </strong> <dd><a href="http://www.nabard.org/roles/kcc.htm" TARGET="_blank">http://www.nabard.org/roles/kcc.htm</a></dd><br /><br /> </div> <td width="295px" valign="top" align="left"> <div class="flexinode-textarea-22"> <strong>Activity Description: </strong> The Kisan Credit Card Scheme extends short term credit to farmers for their cultivation needs. <p> This scheme allows for the purchase of inputs in a flexible, cost effective manner with very little paperwork. Farmers are also able to draw funds from any bank, not just from the one that issued them credit. <p> In October of 2004, the Indian Bank transitioned its Kisan Card into a Smart Card, with which farmers can purchase farm inputs and equipments, seeds, fertilisers, tractors, in additions to availing loans. Chip-based smart cards contain embedded information pertaining to land records, limit sanctioned, and amount withdrawn against bank account. <br class="clear" /></div> </td> </tr> </table> </div><p><a href="http://www.nextbillion.net/activitycapsule/Kisan-Credit-for-indian-farmers">read more</a></p> http://www.nextbillion.net/activitycapsule/Kisan-Credit-for-indian-farmers#comment Agriculture Activity Financial Services Activity General Banking Activity Insurance Activity Microfinance Activity Active Consumer For-profit Activity Government Activity India Private Investment Funded South Asia Thu, 17 Nov 2005 14:15:53 -0500 _Alex Bloom 1736 at http://www.nextbillion.net