International Journal of Agriculture Extension and Social Development

author(s)
Rakesh Palsaniya, Dr. Rajshree Upadhyay, Sher Singh Bochalya, Dr. Bhag Chand Bochalya and Alok Kumar Saini

abstract
This study explores the constraints faced by farmers in accessing institutional sources of finance, despite ongoing governmental development efforts. Using a structured four-point scale, data were gathered from respondents to assess the severity of problems encountered. The analysis revealed that the most critical issue was the lack of information regarding financial institutions beyond banks, with a mean percent score (MPS) of 95.50. Other major problems included non-availability of proper documentation, lack of awareness about loan schemes, illiteracy, and hidden banking charges. These challenges significantly hinder farmers’ access to rural credit. The findings suggest an urgent need for policy interventions focusing on financial literacy, improved information dissemination, and simplification of credit procedures to ensure better inclusion of farmers in institutional credit systems.