Chief Minister's Krishi Rinn Yojana

Why it matters

Get crop loans up to Rs 3 lakh at zero interest if you hold a Kisan Credit Card and repay on time.

What you get

Launched in 2017, this scheme gives farmers easy access to formal short-term crop credit through banking channels. The State Government provides an interest subvention of 4% on crop loans / Kisan Credit Card limits up to Rs 3,00,000 sanctioned by any bank during the financial year. Farmers who promptly repay their short-term production (crop) loan within one year of disbursement get an additional 3% per annum interest relief from the State. Combined, a farmer who borrows up to Rs 3 lakh and repays on time effectively pays zero interest on the crop loan. The scheme targets short-term crop cultivation and aims to cover thousands of farmers across the state each financial year.

Eligibility criteria

• Must hold a valid Kisan Credit Card (KCC)
• Must be a landholding farmer cultivating short-term crops
• Loan amount must be within the Rs 3,00,000 KCC limit
• Loan must be repaid within one year of disbursement to get the extra interest relief

How to apply

1. 1

   Contact your concerned Circle Officer (CO) / Extra Assistant Commissioner (EAC) / Block Development Officer (BDO) / Sub-Divisional Officer (SDO) / Additional Deputy Commissioner (ADC) / Deputy Commissioner (DC) office

2. 2

   Apply for or present your existing Kisan Credit Card at the disbursing bank branch

3. 3

   Avail the crop loan through the bank under the KCC limit

4. 4

   Repay the loan within one year of disbursement to claim the full interest subvention

Documents required

• Kisan Credit Card (KCC)
• Land ownership / cultivation records
• Aadhaar card
• Bank account details