Are you a farmer looking for an easy and low-interest loan to manage your farming expenses? The Kisan Credit Card (KCC Loan) is the best solution for you!
The Government of India introduced the KCC Scheme to provide farmers with instant access to credit at subsidized interest rates. It helps in purchasing seeds, fertilizers, pesticides, equipment, and covering other farming expenses.
In this article, we will explain everything about the Kisan Credit Card Loan, including its benefits, eligibility, application process, interest rates, repayment, and much more!
What is the Kisan Credit Card (KCC) Loan?
The Kisan Credit Card (KCC) is a special credit facility for farmers, providing them with a revolving line of credit to meet their agricultural needs.
It works like a credit card, allowing farmers to withdraw funds whenever required, up to a sanctioned limit.
The best part? KCC loans come with very low interest rates, making it a great alternative to high-interest private loans.
Farmers can use the KCC loan for:
- Purchasing seeds, fertilizers, and pesticides
- Repairing or buying agricultural equipment
- Covering harvest and post-harvest expenses
- Managing irrigation costs
- Supporting dairy, poultry, and fisheries
Benefits of the KCC Loan
1. Low-Interest Rate
Farmers can get loans at an interest rate as low as 7%, which further reduces to 4% with timely repayment.
2. Flexible Repayment
Repayment is linked to the harvesting season, so farmers can pay after selling their crops.
3. No Collateral for Small Loans
For loans up to ₹1.6 lakh, no security or collateral is required.
4. Government Interest Subsidy
The government provides an interest subvention (subsidy) of 3% for timely repayments.
5. Crop Insurance and Accidental Coverage
KCC loans are linked with Pradhan Mantri Fasal Bima Yojana (PMFBY), ensuring farmers get compensation for crop loss. It also provides accidental insurance coverage.
Who Can Apply for a Kisan Credit Card Loan?
Farmers engaged in crop production, animal husbandry, fisheries, and allied activities can apply.
Eligibility Criteria:
- Must be an Indian citizen
- Should be a farmer (owner-cultivator, sharecropper, or tenant farmer)
- Must be between 18-75 years
- Must have a savings account in a recognized bank
Documents Required for KCC Loan
Farmers need to submit the following documents:
- Aadhar Card (for identity verification)
- Land ownership documents (like land records or lease agreements)
- Bank passbook and account details
- Passport-size photograph
- Crop details and farming activity proof
How to Apply for a Kisan Credit Card Loan?
1. Visit the Nearest Bank or Apply Online
Farmers can apply for a KCC loan at any bank (SBI, PNB, ICICI, Bank of Baroda, HDFC, etc.) or through the bank’s website.
2. Fill Out the Application Form
Submit a duly filled application form with required documents.
3. Loan Sanction & Credit Limit Approval
The bank verifies your details and approves the loan limit based on your farm size and income.
4. Receive Your Kisan Credit Card
Once approved, the bank provides a Kisan Credit Card, which can be used for cash withdrawals and purchases.
AgriStack and Kisan Credit Card (KCC) – A Digital Revolution for Farmers
The AgriStack initiative by the Government of India is transforming agriculture by integrating digital technology into farming. One of its key benefits is the seamless linkage of the Kisan Credit Card (KCC) with AgriStack, ensuring faster loan approvals, better financial access, and targeted government subsidies.
How AgriStack Enhances Kisan Credit Card Benefits?
✅ Digital Verification & Faster Approval: Farmers’ land records, Aadhaar details, and banking information are linked to AgriStack, reducing paperwork and enabling instant KCC loan approvals.
✅ Accurate Credit Limit Assessment: With digitized land records, banks can assess the farmer’s eligibility for higher KCC limits more efficiently.
✅ Easier KCC Application via AgriStack Portal: Farmers can apply for KCC loans directly through the AgriStack Farmer Registry Portal (@agristack.gov.in) without visiting the bank multiple times.
✅ Seamless Access to Subsidies & Crop Insurance: Since KCC is now integrated with PM-KISAN, PMFBY (Crop Insurance), and AgriStack, farmers automatically qualify for interest subventions and financial support.
✅ Improved Financial Inclusion: Small and marginal farmers who were previously excluded due to a lack of records now get access to low-interest farm loans under AgriStack-linked KCC services.
How to Apply for KCC via AgriStack?
1️⃣ Visit the AgriStack Portal – Go to agristack.gov.in
2️⃣ Login/Register – Use Aadhaar-linked mobile for OTP verification
3️⃣ Apply for KCC – Select the Kisan Credit Card loan application option
4️⃣ Submit Documents – Digital land records and bank details will be auto-verified
5️⃣ Loan Sanction & Disbursal – Once approved, the amount is credited directly to your bank account
With AgriStack, Kisan Credit Card loans are processed faster, ensuring quick financial assistance to farmers when they need it most. 🚜💰
If you’re a farmer, apply today via AgriStack and get your KCC loan hassle-free!
KCC Loan Interest Rates & Limits (2025 Update)
- Interest Rate: 7% (4% with subsidy for timely payment)
- Loan Limit: Up to ₹5 lakh with government subsidy
- No Collateral Required: Up to ₹1.6 lakh
How to Repay a KCC Loan?
- Farmers can repay the loan after selling their crops
- Interest is charged only on the amount used, not on the full limit
- If repaid within the due period, farmers get an additional 3% subsidy
How to Check KCC Loan Status?
Farmers can check their KCC loan application status through:
- Bank’s official website (Login & track your application)
- Customer care helpline of the respective bank
- Visiting the bank branch
Common Reasons for KCC Loan Rejection
- Incomplete documents (Ensure all papers are correct)
- Mismatch in land records and Aadhaar details
- Existing unpaid loans or bad credit history
- Applying from outside the bank’s service area
Final Thoughts
The Kisan Credit Card Loan is one of the best financial support schemes for Indian farmers.
With low interest rates, flexible repayment options, and government subsidies, it provides instant financial help for farming needs.
If you’re a farmer, apply for a Kisan Credit Card today and secure your financial future!
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फ्री लोन !!