Agricultural Loans Obtained Through Kisan Credit Cards
Agricultural credit in India has shown consistent growth from FY2020 to FY2024. The total agricultural lending increased from ₹13.93 lakh crore in FY2020 to ₹25.47 lakh crore in FY2024 — marking an impressive rise of over 80% in just five years.
Crop loans grew steadily from ₹8.25 lakh crore to ₹15.07 lakh crore, reflecting higher short-term credit demand for seasonal farming activities.
Term loans, which support long-term agricultural investments, also expanded from ₹5.68 lakh crore to ₹10.4 lakh crore.
This steady rise indicates strong institutional support for India’s agriculture sector and growing financial inclusion for farmers.
Crop loans grew steadily from ₹8.25 lakh crore to ₹15.07 lakh crore, reflecting higher short-term credit demand for seasonal farming activities.
Term loans, which support long-term agricultural investments, also expanded from ₹5.68 lakh crore to ₹10.4 lakh crore.
This steady rise indicates strong institutional support for India’s agriculture sector and growing financial inclusion for farmers.
| Financial Year (in Lac Cr) | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Crop Loan (Rs in Lakh Crore) | 8.25 | 8.94 | 11 | 13.19 | 15.07 |
| Term Loan (Rs in Lakh Crore) | 5.68 | 6.82 | 7.64 | 8.36 | 10.4 |
| Total (Rs in Lakh Crore) | 13.93 | 15.76 | 18.64 | 21.55 | 25.47 |
Units: INR Lakh Cr Granularity: Financial YoY
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