Apply Online : Kisan credit card yojana (Scheme) 2025. Check Status Online for KCC Updated Scheme in Union Budget on 1 feb 2025.
Kisan credit card yojana (Scheme) 2025
The Government of India introduced the Kisan Credit Card (KCC) Scheme. It was introduced so farmers have access to timely and adequate credit for their agricultural activities. The government provides a 2% interest subvention and a 3% Prompt Repayment Incentive. It enables farmers to avail loans at a highly subsidized interest rate of 4% per annum.
The aim of the scheme is to protect farmers from the high interest rates charged by money lenders in the unorganized sector, offering loans whenever needed. Timely repayments of the loan result in a lower rate as the interest rate is flexible.
The initial aim was to meet agricultural credit needs; the scheme was expanded in 2004 to include investment credit for allied and non-farm activities. Later in 2012, the scheme was revisited by a working group led by Shri T. M. Bhasin, Chairman of Indian Bank, to simplify its implementation and introduce Electronic Kisan Credit Cards. The KCC scheme provides guidelines for banks. It allows them to modify the process according to specific institutional and regional needs.
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Kisan Credit Card (KCC) Scheme: Overview
| Details | Kisan Credit Card (KCC) Scheme |
|---|---|
| Launched By | Government of India |
| Purpose | To provide timely and adequate credit for agricultural activities |
| Interest Subvention | 2% provided by the government |
| Prompt Repayment Incentive (PRI) | 3% incentive for timely loan repayments |
| Effective Interest Rate | Loans available at a subsidized interest rate of 4% per annum |
| Objective | To protect farmers from high-interest rates charged by unorganized money lenders |
| Flexibility | Interest rates are flexible based on timely repayments |
| Expansion (2004) | Included investment credit for allied and non-farm activities |
| Revisions (2012) | Simplified implementation and introduction of Electronic Kisan Credit Cards |
| Customization for Banks | Banks can modify processes as per institutional and regional requirements |
| Official Website | myscheme.gov.in |
Kisan Credit Card Loan Overview :
Kisan Credit Card (KCC) was introduced to protect Indian farmers from high interest rates charged by money lenders in the unorganized sector. This scheme offers flexible loans with competitive interest rates and allows farmers to access funds as needed. Key aspects of the scheme include:
- Low-Interest Rate: Interest can go as low as 2.00% per annum.
- Collateral-Free Loans: Loans up to ₹1.60 lakh do not require security.
- Crop and Insurance Coverage: Includes coverage for various calamities and insurance against permanent disability, death, and other risks.
- Repayment Schedule: Flexible repayment terms based on crop harvesting and marketing periods.
- Loan Limit: Maximum loan amount up to ₹3.00 lakh.
- Higher Interest for Delays: Simple interest is applied for timely payments, while compound interest is applied for late payments.
Types of Cards :
| Type of Card | Description |
|---|---|
| Magnetic Stripe Card with PIN | Includes ISO IIN for access to all banks’ ATMs and micro ATMs. |
| Magnetic Stripe Card with UIDAI Biometric Authentication | Utilizes UIDAI’s centralized biometric infrastructure for authentication. |
| Debit Card with Biometric Authentication | Only biometric authentication (without PIN), depending on the bank’s customer base. |
| EMV Chip Card with Magnetic Stripe & PIN | EMV and RUPAY-compliant cards with magnetic stripe and PIN, enabling secure transactions. |
| Smart Cards with Biometric Authentication | Follows open standards for seamless transactions, including with input dealers and procurement centers. |
Kisan Credit Card Loan Application Process :
To apply for a Kisan Credit Card loan, follow these steps :
- Choose a Bank: Visit a bank offering the KCC scheme. If available, download the online application form.
- Fill and Submit the Application: Complete the application and submit it to the loan officer.
- Loan Evaluation: The loan officer will evaluate the application and determine the loan limit. If the loan exceeds ₹1.60 lakh, collateral may required.
- Receive the KCC: After processing, the Kisan Credit Card will issued to the farmer.
Required Documents :
| Document Type | Required Documents |
| Proof of Identity | PAN Card
Aadhaar Card Voter’s ID Card Passport Driving License Any other government-approved photo ID |
| Proof of Address | Aadhaar CardÂ
Passport Utility bills (not older than 3 months) Any other government-approved address proof |
| Proof of Income | Bank statements for the last 3 monthsÂ
Salary slips for the last 3 months Audited financials for the last two years (for self-employed) Form 16 |
 Eligibility Criteria :
The KCC loan is available to individuals engaged in agricultural, allied, or non-farming activities. Eligibility requirements include:
1. Minimum Age: 18 years
2. Maximum Age: 75 years
3. Senior Citizens: A co-borrower is required for individuals above 60 years, and the co-borrower must a legal heir.
4. Eligible Farmers:
- Individual or joint cultivators, landowners
- Tenant farmers, oral lessees, and sharecroppers
- Self-Help Groups (SHGs) or joint liability groups, including tenant farmers
Delivery Channels for Kisan Credit Card :
ATM/Micro ATM Withdrawals : Farmers can withdraw funds through ATMs and micro ATMs.
BCs (Business Correspondents) Using Smart Cards: Withdrawal through Business Correspondents utilizing smart cards.
Point of Sale (PoS) Machines with Input Dealers : Payments can made via PoS machines with input dealers.
Mobile Banking with IMPS/IVR Capabilities: Mobile banking services with IMPS (Immediate Payment Service) and IVR (Interactive Voice Response) for convenient transactions.
Aadhaar Enabled Cards : Usage of Aadhaar enabled cards for secure and seamless transactions.
Institutions Offering Kisan Credit Card Loan :
Several banks, both public and private, offer Kisan Credit Card loans. Notable ones include :
| Institution | Interest Rate | Loan Amount | Key Benefits |
|---|---|---|---|
| State Bank of India (SBI) | Starts at 2.00% p.a. | Up to ₹3.00 lakh | Low interest rates |
| Punjab National Bank (PNB) | Varies by loan terms | Up to ₹3.00 lakh | Easy application process Quick loan processing |
| HDFC Bank | Around 9.00% p.a. | Up to ₹3.00 lakh | Cheque book provision Loan extension in case of crop failure |
| Axis Bank | 8.85% p.a. | Varies | Loans provided with government subvention schemes offering lower interest rates |
| Other Local Banks | Varies | Varies | Odisha Gramya Bank Bangiya Gramin Vikash Bank Other local banks offering KCC loans |
Using the Kisan Credit Card Loan :
Once the Kisan Credit Card is issued, it can used for:
- Cash Withdrawals: Farmers can use the card to withdraw cash or make direct purchases.
- Cheque Book: Some banks also provide a checkbook with the KCC.
- Repayment: Ensure timely repayment to avoid compound interest. Making prompt payments ensures lower, simple interest charges.
Frequently Applying for Loans :
If you’re often applying for loans, consider applying for the HDFC Bank Easy EMI Card to fulfill your low-level credit needs. Key features include :
- Minimum monthly income requirement: ₹10,000
- 5% Cashback on all spends, with a minimum Cashback of ₹2,250 per month
- Transactions over ₹10,000 will converted into EMI
Verifying My Credit Card Application :
a. Go to eseva.csccloud.in to access the CSC PM KCC Portal.
b. Enter your password and CSC ID to access the portal.
c. Choose ‘View Status’: Select the ‘View Status’ menu item.
d. Enter your Kisan Credit Card application ID on the new page.
e. Your screen will display the PM KCC Application Status.
No response from the server API :
- The following could the cause if you don’t hear back:
- The district where you applied is not accepting PM KCC applications.
- Online applications for Kisan Credit Cards are not being accepted by your bank.
- The PM KCC database and the PM farmer database have not been combined.
Official Website << myscheme.gov.in >> Kisan Credit Card Loan
CLICK HEREÂ : to sign into a KCC account.
- Kisan credit card yojana (Scheme) 2025
- Kisan Credit Card (KCC) Scheme: Overview
- Kisan Credit Card Loan Overview :
- Types of Cards :
- Kisan Credit Card Loan Application Process :
- Required Documents :
- Â Eligibility Criteria :
- Delivery Channels for Kisan Credit Card :
- Institutions Offering Kisan Credit Card Loan :
- Using the Kisan Credit Card Loan :
- Frequently Applying for Loans :
- Verifying My Credit Card Application :
- No response from the server API :
- Official Website << myscheme.gov.in >> Kisan Credit Card Loan