Increased flow of institutional credit plays a significant role for an agrarian economy consisting of a large number of marginal and small farmer households’, since they are in a dire need for an increased amount of credit. States across the North Eastern Region (NER) consists of households practicing agriculture and related activities as a way of earning livelihood. The region is marked by co-existence of both institutional and non-institutional sources of credit. Government has taken various steps to improve the status of financial inclusion in the region through various steps like creation of more bank branches in rural areas. However, due to the presence of complex procedure involved in applying for credit and rigid nature of financial institutions, the farmers of the region are forced to depend upon informal financial institutions at an exorbitantly high ROI. Therefore the present study is an attempt to understand the status of institutional Agricultural Credit, with special reference to NER.