Kisan Credit Card (KCC) is an important scheme to provide financial assistance to farmers to meet the rising costs of farming, seeds, fertilizers, farming equipment, and other needs. In Budget 2025-26, the central government announced an increase in the loan limit under KCC from Rs 3 lakh to Rs 5 lakh. This will now provide eligible farmers with greater financial assistance.

Loan is available for these things

The benefits of KCC aren't limited to farming. Eligible farmers can also receive financial assistance for related businesses like animal husbandry and fisheries. This loan can be used for seeds, fertilizers, agricultural inputs, machinery, crop storage, and other farming-related expenses.

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What is the interest charged on KCC

KCC interest rates vary by bank and applicable regulations. Therefore, it's important to inquire with the relevant bank about the current interest rates, charges, and payment terms before taking out a loan. Eligible farmers who repay their loans on time may also receive additional benefits under the government's interest subsidy scheme.

Who can get a KCC?
In addition to farmers with eligible land, farmers who rent or leasehold land and meet the eligibility criteria can also apply for a KCC. Eligible members of certain farmer groups and self-help groups can also benefit.

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What documents are required for the application?
When applying, you may need your Aadhaar card, voter ID card, PAN card, and land-related documents. Additional documents may be required if the application is for animal husbandry or fish farming.

How to apply for KCC?
Farmers can apply by visiting a branch of a government, rural, or cooperative bank. Some banks also offer online applications. Applications can be found through the Jan Samarth portal or the respective bank's website or mobile app. Before taking a loan, you should carefully review the bank's interest rate, repayment period, charges, and eligibility information.

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