Kisan Credit Card (KCC)

Why it matters

Get a flexible credit line for your farming needs at just 4% interest per year. No need to go to money lenders. Use it for seeds, fertilizers, equipment hire, and repay after harvest.

What you get

Up to Rs.3 lakh at 4% p.a. interest (7% minus 3% interest subvention)

Eligibility criteria

• Must be a farmer engaged in agriculture or allied activities
• Tenant farmers, oral lessees, and sharecroppers are also eligible
• No outstanding dues or defaulted loans at any scheduled bank
• Valid land records or proof of tenancy required

How to apply

1. 1

   Visit your nearest bank branch — most nationalised banks, RRBs, and cooperative banks issue KCC

2. 2

   Fill KCC application form with land records, identity proof, and address proof

3. 3

   Bank evaluates credit limit based on land holding and crop value

4. 4

   KCC issued within 2 weeks of approval

5. 5

   Use KCC for farming expenses; repay within 12 months for 3% additional interest subvention