Collateral-free Agriculture Loan Limit Increased | Collateral-fee Farm Loan

Exciting news for India’s farmers! The Reserve Bank of India (RBI) has increased the collateral-free loan limit for farmers from ₹1.6 lakh to ₹2 lakh, effective January 1, 2025. This significant step aims to support small and marginal farmers, making it easier to access credit and invest in agricultural operations. With over 86% of farmers benefiting from this change, the initiative complements schemes like the Kisan Credit Card (KCC) and the Modified Interest Subvention Scheme, offering loans up to ₹3 lakh at just 4% interest. Watch now to learn how this move will boost financial inclusion, reduce input cost pressures, and drive growth in India’s agricultural sector. Don’t forget to like, share, and subscribe for more updates!