Launched in 1998 by NABARD, the KCC scheme provides short and long-term loans to farmers for crop production, equipment, and allied activities like dairy or fisheries.
Why KCC Matters
Timely, affordable farm credit
Reduces dependence on moneylenders
Flexible use for crops, irrigation, and machinery
Supports rural families and non-farm needs
Key Features
Magnetic or RuPay smart card
ATM and mobile banking access
Aadhaar-enabled, secure transactions
Usable at ATMs, PoS machines, and input dealers
Eligibility
Individual farmers
Tenant farmers & sharecroppers
SHGs and JLGs
Even oral lessees and smallholders can apply for KCC benefits
How to Apply
Online: Apply on your bank’s website (SBI, PNB, BoB).
Offline: Visit your bank branch, fill out the form, and submit the required documents.
Documents Required
Aadhaar or Voter ID
Land ownership or lease papers
Crop details
Two photos
Bank account details and signature proof
Interest & Subsidy Benefits
Loan interest: 7% p.a.
Govt. subsidy: 2%
Prompt repayment incentive: +3%
Effective rate = just 4% per annum
How KCC Credit Limit Works
Based on crop area, cost, and expenses
Increases 10% annually
Covers inputs, post-harvest costs, and asset maintenance
Term loans for tractors, irrigation, and land improvement
Major Benefits for Farmers
Easy, flexible credit
Low-interest rates
Tractor & equipment financing
Crop and asset insurance
Cashless, convenient banking
Recent Developments
e-KCC & mobile banking integration
Linked with Aadhaar and Jan Dhan
Extended to fisheries & livestock farmers
Drives to cover every rural household
The Bottom Line
The Kisan Credit Card is more than just a loan - it’s financial freedom for India’s farmers.
Timely credit. Low interest. Secure future.
Discover the Kisan Credit Card scheme and get easy, low-interest loans to boost your farm productivity. Learn more at your nearest Mahindra Tractor dealer!
