Banking #rbi#collateral
RBI directs banks to waive collateral requirements for agricultural loans up to ₹2 lakh per borrower
The Reserve Bank of India has asked banks to waive collateral security and margin requirements for agricultural loans up to ₹2 lakh per borrower, including for allied activities. The directive, part of the Kisan Credit Card (KCC) scheme, also allows waiver up to ₹3 lakh for KCC loans against hypothecation with tie-up arrangements. Marginal farmers are eligible for flexible credit limits of ₹10,000 to ₹50,000 under Flexi KCC.
Jun 19, 2026 1 source