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Farmers in India, often depend upon non-institutional and informal sources of credit so that they should purchase the farm inputs. A lot of them will not be even part of the area of formal banking. In consequence, they find yourself paying much more as interest to the money lenders. This creates a vicious net of debt for the farmers, who find it hard to pay off the same to the lender. To sort out the identical, a Kisan bank card has created in order that the farmers are able to fulfill their cultivation wants on time. Farmers can use the credit to buy inputs like pesticides, high yielding variety of seeds and fertilizers. In addition to this, they may use the card to withdraw money as per their want.
