Who Can Apply :

• All Farmers- Individuals/ Joint Borrowers who are owner cultivators.
• Tenant Farmers, Oral Lessees and Share Croppers.
• Self Help Groups or Joint Liability Groups of Farmers including tenant farmers, Share croppers etc.

• Loan Assessment:
  • Based on scale of finance for crops + insurance premium × area cultivated.
  • 10% for post-harvest/household use
  • 20% for farm asset maintenance.
• Validity:
  • Kisan Credit Card (KCC) valid for 5 years, with annual review.
• Margin:
  • No separate margin needed—in-built in scale of finance.
• Account Use:
  • No withdrawal to stay outstanding for more than 12 months.
  • No need to bring balance to zero.
• Interest Subvention:
  • Available as per Central/State Government norms for prompt repayment.
• Processing Fee:
  • No fee up to ₹3.00 lakh limit.
• Documentation:
  • One-time documentation at first availment; simple declaration thereafter.
• KCC cum SB Account:
  • Combined KCC and savings account—savings interest on credit balance.
• Disbursement Channels:
  • Through branch, cheque, ATM, PoS, mobile, and other ICT channels.

• Hypothecation of Crops
• Collateral security may be required as per RBI/bank norms (usually above ₹2.00 lakh)

Presently interest rate for short term crop loans/KCC sanctioned to farmers up to Rs 3.00 lakh is 7% as per extant interest subvention scheme of Government of India).

For Service Charges, Please Click here