Government Schemes: How to Apply For Kisan Credit Card? Know Eligibility, Benefits, Process, and More

Government Schemes For Farmers: The Kisan Credit Card (KCC) is one of several schemes developed by the Central and State Governments of India to improve farmers’ financial conditions. The KCC, established in 1998 by the Government of India and the Reserve Bank of India, offers farmers short-term financing support for activities such as agricultural, animal husbandry, dairy, and fisheries. It enables farmers to readily access loans at subsidised interest rates—typically 7% per year, with the possibility of a reduction to 4% for timely repayment. The plan is part of a larger government attempt to provide timely financial help to the agriculture sector at low borrowing prices.

Kisan Credit Card Application

To be eligible, applicants must be between the ages of 18 and 65 and work in farming. A passport-sized photograph, a copy of your bank passbook, and a completed application form are all required. Farmers who are interested should go to the official website pmkisan.gov.in, download the appropriate form, fill it out correctly, and submit it to their nearest bank branch. The Kisan Credit Card is normally issued within 7 to 15 days after the bank representative has verified the documents. Farmers can borrow up to Rs 1.6 lakh without providing collateral. The card functions similarly to an ATM card, providing convenient cash withdrawals for expenses related to seeds, fertilisers, irrigation, and other agricultural supplies.