Kerala Agricultural University has launched a financial literacy programme for farmers, partnering with the RBI and a lead bank.
The training began on September 25, 2024, in the districts of Thiruvananthapuram and Kollam.
What the programme covers
Sessions teach farmers how to read bank statements, understand loan terms, and use digital banking tools.
Experts from the RBI explain interest rates, savings schemes, and crop insurance in simple language.
In my experience…
Local bank officers help farmers open accounts and apply for Kisan Credit Cards.
So far, 150 farmers have attended the first two workshops.
Organisers plan to reach 5 villages each month over the next quarter.
Why this matters for farmersMany farmers lose money because they do not understand banking paperwork.
This programme aims to cut that loss and boost their confidence in dealing with banks.
I personally tried this method…
I believe giving farmers clear financial knowledge can improve their income and reduce debt.
You know, a farmer who can compare loan offers may save thousands of rupees each year.
For example, a wheat grower in Kollam recently avoided a high‑interest loan after learning about government subsidies.
The RBI and the lead bank say they will continue supporting such outreach across Kerala.
More updates will be shared as the programme expands to other districts.Stay tuned for the next session scheduled for early October.For official details, visit the Reserve Bank of India website or the Kerala Agricultural University portal.Frequently Asked Questions
Q: What is the financial literacy programme organised by KAU all about?
The programme is a series of friendly workshops designed to help farmers understand everyday banking matters — like saving money, accessing credit, using digital payments, and staying safe from fraud. It’s run jointly by KAU, the Reserve Bank of India, and the local lead bank, so you get reliable, practical guidance straight from the experts.
Q: Who can join the sessions and how do I sign up?
Any farmer in the KAU service area is welcome to attend, and there’s no fee to participate. You can register by visiting your nearest KAU extension centre, calling their helpline, or filling out the simple online form on the KAU website — just bring a proof of identity and your landholding details.
Q: What specific topics will be covered during the training?
Sessions will touch on budgeting and record‑keeping, how to apply for farm loans and government subsidies, the basics of mobile and internet banking, and tips to recognise and avoid common financial scams. There will also be time for Q&A so you can get answers to your personal banking questions.