The Reserve Bank of India has altered the criteria for the Kisan Credit Card agricultural financing scheme (KCC). These adjustments were implemented to allow farmers to claim the number of interest concessions they received. The financial year 2021-22 can be reported by statutory auditors till June 30, 2023, according to a circular published by the Reserve Bank of India. Farmers that pay off their loans early get a 3% interest discount. The effective interest rate for these farmers, according to the RBI circular, is 4%.