The Kisan Credit Card (KCC) scheme is a government‑backed initiative aimed at providing short‑term credit to farmers and allied‑agricultural workers at concessional interest rates. Launched to ensure timely financial support for cultivation, it offers loans ranging from ₹50,000 to ₹3,00,000 with interest between 3% and 7%.
About KCC Loan
KCC enables farmers, livestock keepers, fishermen and other agri‑related workers to meet cultivation expenses, purchase equipment, or cover livestock costs. The card also bundles accident insurance (₹50,000 for death, ₹25,000 for disability) and crop insurance, and offers a smart debit card for easy transactions. Early full repayment (within 1 year) may attract additional interest rebates.
Eligibility & Qualification
Beneficiary: Farmers and persons engaged in agriculture‑related activities (e.g., livestock, fisheries).
Age: 18 years to 75 years.
Required Documents
Photo
2 passport‑size photographs
ID Proof
Aadhaar, Voter ID, Passport or Driving Licence
Address Proof
Aadhaar, Driving Licence, Electricity bill
Land Documents
Relevant land ownership/lease papers
How to Apply
Online Application
Visit your bank’s official website.
Locate the “Kisan Credit Card” or “KCC” option.
Fill in the online form, upload the required documents and submit.
Offline Application
Visit the nearest branch of the lending bank.
Obtain the KCC application form (or download & print from the bank’s website).
Complete the form, attach the documents and submit to the bank officer.
Quick disbursement compared to regular bank loans.
Accident and crop insurance coverage.
Smart card & debit facility for easy withdrawals.
Interest rebate for full repayment within a year.
FAQs
What loan amount can I get? Between ₹50,000 and ₹3,00,000.
What is the interest rate? Ranges from 3% to 7% per annum.
Who is eligible? Farmers and agri‑related workers aged 18‑75 years.
What insurance benefits are included? Accident coverage of ₹50,000 (death) and ₹25,000 (disability) plus crop insurance.
Can I apply online? Yes, through your bank’s website.
What documents are required? Two passport photos, ID proof, address proof, and land documents.
Is there any interest rebate? Yes, for borrowers who repay the full loan within one year.
Where can I replace more details? Visit the official portal PM Kisan.
Conclusion
The Kisan Credit Card loan remains a vital financial tool for Indian farmers, offering affordable credit, insurance cover, and convenient banking facilities. By meeting the simple eligibility criteria and submitting the required documents, eligible beneficiaries can quickly secure funds to boost agricultural productivity. For further assistance, refer to your bank’s KCC department or the official portal.