Archive · 9 Jan 2026
Bihar signs MoU with NABARD for farmer loan subvention
The Bihar government and NABARD made an agreement to help farmers.
They will give an extra 1% discount on the interest for loans taken by farmers under the Kisan Credit Card scheme.
This will happen for the financial year 2025-26.
The agreement was signed by officials from both sides, and the Bihar Agriculture Minister was there to watch.
This is good news for farmers because it will make their loans a bit cheaper.
Bihar government and NABARD signed an MoU for additional 1% interest subvention on farmer loans.
The subvention applies to loans under the Kisan Credit Card scheme for FY 2025-26.
The MoU was signed by the Bihar Agriculture Department and NABARD.
Bihar Agriculture Minister Ram Kripal Yadav was present during the signing.
The agreement aims to provide additional financial support to farmers.
- Who
- Bihar government and NABARD
- What
- Signed an MoU for additional interest subvention on farmer loans
- When
- January 9, 2025
- Where
- Patna, Bihar
- Why
- To provide additional financial support to farmers under the Kisan Credit Card scheme
- Organizations Involved
- Bihar government, NABARD
- Purpose
- Additional interest subvention on farmer loans
- Loan Scheme
- Kisan Credit Card scheme
- Financial Year
- 2025-26
- Subvention Rate
- 1% additional
- Signatories
- Bihar Agriculture Department, NABARD
- Witness
- Ram Kripal Yadav (Bihar Agriculture Minister)